social responsibility: some slides from corporate social responsibility event organised by mary...
DESCRIPTION
Social Responsibility: some slides from corporate social responsibility event organised by Mary Seacole Housing AssociationTRANSCRIPT
Funding & Benefits for the Community
Michael Patterson:
Support Solutions
March 2014
Key Questions
Support Solutions & Social Responsibility
Changes to Funding Streams for Social Organisations
Proving Your WorthChanging Your Game
Support Solutions & Social ResponsibilityWe’re a private company working with social
organisations, how do we fulfill social responsibility?We write and publish lots of valuable free
information: www.supportsolutions.co.uk/services/the_briefing.html & http://www.supportsolutions.co.uk/blog/blog.html
Support Solutions & Social ResponsibilityWe run learning & development events at
very low costWe undertake our housing revenue work on
a “no increase, no fee” basisWe collaborate with other people/companies
that complement what we do & share our values
We “sell” through rapport
Support Solutions & Social ResponsibilityWe sponsor some nonprofit organisationsWe assist with voluntary governance We consider the social impact of what we do
Changes to Funding Streams for Social OrganisationsPublic/State funding is reducing as a
percentage of total organisational revenueWe are moving to a “mixed market” of
funding for social organisationsFunding streams are typically for specific
projectsSocial Investment?
Changes to Funding Streams for Social Organisations“Payment by Results”Outcomes focusedFunders are more risk-averseCollaboration & Consortium arrangements
to share skills and overhead functions and to reduce costs
The cost:quality ratio is shifting
Proving Your Worth
Focus on value, not costWhat “added value” can you bring to a funding bid?Identify what is strategically relevant“Prevention is better than cure”Do you have a methodology for demonstrating both a
social and financial return on investment (SFROI)?Can you collaborate more than compete?If you can’t afford a fundraising post, can you contract
that function out?
Changing Your Game
Keep block funding if you have it already and bid for it if it’s available; however, accept that block funding is increasingly not the norm
Widen the number of funding/commissioning relationships
Larger number of smaller pots“Funding Finder” services
Changing Your Game
Broaden and deepen the services you provideEvolve, remodel, diversifyBe proactive in seeking out funding opportunities
and relationshipsFocus on the cost/benefit relationshipExplore opportunities for collaboration & cost-
sharingBe socially enterprising
Changing Your Game
Measure your social and financial valueSocial Value Act: Think about how you
provide social value as part of a bid for public fundingwww.socialenterprise.org.uk/uploads/files/2012/03/public_services_act_2012_a_brief_guide_web_version_final.pdf
Questions?
Our Contact Details
Media House
3 Drayton Road
Birmingham B14 7LP
0845 271 3080
www.supportsolutions.co.uk
[email protected] @suppsolutions www.facebook.com/SupportSolutionsLtd?sk=wall
13