THE competition for funding in the charity sector remains fierce and identifying new streams continues to be a challenge.
The problem of replacing ever decreasing statutory income while meeting a continually high need for services remains.
More than ever, charities need to combine innovation and investment in fundraising with robust financial controls and sound governance.
Having timely financial information and trustees with an eye on both the short and long term strategic objectives of a charity could be the real difference between success and failure.
Also, it’s not just a question of having policies in place. They are only effective if they are not ignored and a sound governance structure helps provide the framework in which this happens.
A high-performing board can be one from which effective charities spring into action.
For more information contact Kerry Gallagher on 01189 955 4195, or by email kerry.gallagher@bakertilly.co.uk or visit the Baker Tilly website bakertilly.co.uk.
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