Understand and calculate the true costs of running an organisation
17 June 2020, Merthyr Tydfil - Delivered
Equip participants with an understanding of full cost recovery
as well as the toolkit to calculate their organisations' full
Failure to properly fund the overheads of your project can lead
to instability, poor service delivery as well as jeopardising the
sustainability of your organisation.
Overheads are all the 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.
Full Cost Recovery 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.
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.
Richard Roberts has worked in fundraising for over 10 years,
recently managing the Catalyst Cymru project which was funded by
the Heritage Lottery Fund to help heritage organisations in Wales
develop their capacity for fundraising from private
Prior to this Richard worked as part of WCVA's Better Bids team
helping third sector organisations secure in excess of £70m over
the lifetime of the contract. Richard has a Diploma in Fundraising
and has extensive experience of delivering engaging and
By the end of the course the learner will
- 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.