Doing more with less

Look again at your charity mission and really understand where the impact of the charity is felt now.

We know from our members that numbers of charities are struggling to maintain their income; Treasurers are being asked to do more with less, often without help from the rest of the Board, who “don’t do numbers”. 

Doing more with less

Cutting costs is always difficult, but it gives us the opportunity to look again at our mission and really understand where the impact of our charity is felt now. Services can grow organically and then become embedded.

Rather than trying to do the same things at reduced cost, how about involving the whole board in a realistic evaluation of how many people benefit, and to remind ourselves what lies at our core?  

An example

One charity we know did this and discovered that the same few families were taking advantage of every service offered. Good for them, but not for the charity as a whole. The Treasurer was finally able to discuss the cost of delivery to individuals, and by refocussing, the Charity extended its reach and impact to a larger number of beneficiaries despite cutting some activities. It got the Treasurer out of the numbers corner, introduced impact reporting to the Trustee Board pack and, the initial intention, allowed costs to be reduced.

Honorary Treasurers Forum

The Honorary Treasurers Forum is a community to share best practices and approaches to the important work of Honorary Treasurers; whose role it is to help the trustee board fulfil its obligation to provide financial oversight of the organisation. Regular meetings, webinars, briefings and research is provided as well as a forum to ask and answer questions.

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