Understand and analyse the true costs of running an organisation

Full Cost Recovery

Full Cost Recovery (FCR) is a method of cost allocation which ensures all overheads are included in your budgets when you apply for project funding or bid for services.

Overheads are costs that partly support the project, but also support other projects or activities that your organisation provides. These can include a proportion of salaries of core staff such as administrators, rent and utilities costs or your organisation's legal and audit fees.

Failure to properly fund overheads can lead to instability, poor service delivery as well as jeopardising the sustainability of your organisation.

This half day workshop will equip participants with an understanding of full cost recovery as well as introducing the different tools and techniques needed to identify and analyse their organisations' full costs for a specific project.

Aims

Equip participants with an understanding of full cost recovery as well as the tools and techniques to identify and analyse their organisations' full costs.

Learning outcomes

  • Appreciate the concept of full cost recovery and the role it plays in achieving financial sustainability
  • Understand the principles and methods involved in identifying and calculating full costs
  • Be able to analyse and allocate the true costs of running an organisation and its activities

Who this course is for

Trustees, staff and volunteers. It is suitable for those new to fundraising and full cost recovery.

Duration

Half day

We can also tailor this course for your organisation, contact us for an informal discussion about your learning needs.