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Added Value
Shows how involvement of individuals/organisations can add to the initial investment in the
development of a project
Aims and Objectives
The aims and objectives of your organisation are:aims;
the long lasting goal of your group
objectives; how
you will achieve those aims
Budget
A budget is a financial plan showing income (money coming in) and expenditure (money going
out) for the year ahead
Capacity Building
A wide range of support, techniques and initiatives which aim to build the capacity of
individuals or organisations within communities to contribute effectively to regeneration
projects
Capital Funding
Capital costs are oneoff
costs such as purchase of equipment or building
Child Protection Policy
A Child Protection Policy is a clear and concise policy showing the group’s commitment to
protecting children. It shows that the group takes child protection seriously in all aspects of its
activities
Constitution
A Constitution is a legal document which sets out rules on how an organisation should operate.
Its aims, purpose, powers of the groups and gives the group a framework within which to work
Core Funding
An organisation’s central pot of money to cover running costs and overheads
European Social Fund
Supports activities that develop employability and human resources in five key areas: active
labour market policies; equal opportunities; improving training and education and promoting
lifelong learning; adaptability and entrepreneurship ; improving the participation of women in
the labour market
Equality and Diversity Policy
An Equality and Diversity Policy which shows the group’s commitment to nondiscrimination
in
all aspects of society
Matched Funding
Is funding that depends on others contributing to the project. This could be the group’s own
funds, other grants or earned income. It can take into account funding ‘in kind’ such as
volunteers’ time.
Outputs
Quantitative (usually physical or measurable) results of a piece of work e.g. 5 volunteers
trained in basic food hygiene to certificate standard
Outcomes
Quantitative results (benefits of, or difference made by) from a piece of work e.g volunteers
better equipped to work in community café
Public Sector
That part of the economy that is concerned with providing government services (health,
education, social security, etc.)
Project
A piece of work with time and resource limits, working towards predefined
aims and
objectives
Revenue Funding
Revenue costs are ongoing costs such as rent, heating, etc.
Social Enterprise
Social Enterprises are businesses with primarily social objectives whose surpluses are
principally reinvested for that purpose in the business or in the community, rather than being
driven by the need to maximise profit for shareholders and owners
Download
Contact
Linda Candita or Jane Owen on 01234 354366 for more information on Funding terms and Acronyms.
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