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SYFAB - needed now more than ever

Posted by Peter

Lloyds Foundation asked 800 small and medium sized charities (£25,000 - £1million income) what their concerns were:

Just over 80 per cent are struggling to obtain enough funding and a further 63 per cent are “seriously worried” about ongoing income.

Some 81 per cent of respondents said securing funding was the main challenge for their organisation. More than half said that increased demand for services was a challenge.

Almost half of the charities surveyed were also critical of the process of bidding for contracts, with 49 per cent saying they found the bidding process “difficult or impossible” and that there was a “predatory feel” to the way that bigger organisations were “branching into different areas where they see a funding opportunity.”

96% of charities were applying for grants in order to increase their income.

The report is here: