A fundraising strategy is a document which outlines what you will do to generate sustainable income to carry out your mission. It helps you take control of your financial future, and provides the flexibility to run projects of your own design, meet unexpected costs and help with core costs.
There is some uncertainty around future public funding, coupled with certainty that EU funding for the UK will cease as a result of Brexit. Brexit and the run-up to it will also have implications on a range of external economic factors.
For both UK and Ireland based charities, and other voluntary and community organisations, currency strength and inflation rates impact on disposable income available for charitable giving. Property and stock market value also influences proceeds from legacies, companies, major donors and grant giving trusts etc. If you rely on a narrow range of income streams and one of them is diminished, it may force you to reduce the work that you do.