Funding

Securing income for your community arts events can be a daunting challenge but with a little time and research you will discover lots of different options available to you. These include:

Social Fundraising

Assess how much you may make from a raffle, jumble sale, tombola, darts/pool match or karaoke night. Make sure you have the time and resources to set them up efficiently.

Individual Giving

There may be a few people willing to help get the project off the ground by contributing money or special skills. If you put this in your budget make sure you are confident that you have sounded out possible donors and you will be able to raise the money this way.

Trusts & Foundations

Some parishes have ancient charities set up by a benefactor wishing to help people in the parish.  Do some research.  Land fill tax operators such as Waste Recycling Environmental (WREN) support community and environmental projects. The local Council for Voluntary Service or Cambridgeshire ACRE may be able to advise you. See the list of contacts.

Grants

There are many small grants available with specific objectives in mind, for example, environmental improvements, community development, training, new arts activities, rural tourism, local identity etc. Talk to the local arts development officers/managers to see how they can help you. Only include grant income that has been agreed, or that you are confident of Sponsorship.

Sponsorship & Corporate Social Responsibility (CSR)

A local employer or small business might value an association with your arts event. This is usually in the form of a logo on publicity material. If you don’t have a programme, you might be able to credit sponsors on a carnival float, a plaque, a banner or a display. Before you approach a company, you need to consider what you have to offer in return for their sponsorship. It’s a good idea to prepare a well-presented pack to send to interested companies. Tailor each pack to the individual company.

For more information on grants, trusts and sponsorship see our dedicated sections.

Crowdfunding

A means of generating funds whilst increasing the profile of your project.  You utilise the far-reaching capacity of social media, campaigning to those you know and encouraging them to share your project amongst their networks. At the heart of crowdfunding is connecting with individuals through the values of your project. Preparation pays, ensure that you allow as much time for planning your campaign as you do for delivering it; identify and build your audience of supporters before your campaign opens. There are several well-known and frequently used sites including: Crowdfunder, Indiegogo and Kickstarter.

Idea:  If you would like assistance with finding funds, Cambridge CVS can help groups and organisations to identify possible grants and funders as well as give you advice about how best to complete an application.  They can also help small groups with developing budgets and managing your accounts. They work with groups from Cambridge, South Cambridgeshire and Fenland to offer support, provide training and keep you up to date with all the latest news in the voluntary sector. To find out more about CVS and their other services, please visit, telephone 01223 502093 or email enquiries@cambridgecvs.org.

Downloads

Read or download a ‘Fund Raising Ideas’ Guide

Click here for the next section on ‘Sponsorship and Corporate Donations’

 

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