Charity leaders ‘looking to weather the storm’

Posted in News on the June 11th, 2008

Those operating within the charitable sector remain confident about the future prospects of their organisations, a new study shows.

Figures released by the National Council of Voluntary Organisations (NCVO) as part of its second quarterly survey revealed that the confidence of leaders at voluntary and community groups stands at 40 per cent.

And in spite of the recent economic difficulties felt in the wider markets, charities believe they will be able to cope.

It was also indicated that just under half (49 per cent) of charity leaders are looking to increase their campaigning and advocacy activities during the remainder of 2008.

Karl Wilding, head of research for the NCVO, said: "This shows that charity leaders expect tough times ahead for the sector. However, most think that their charity will be able to weather the storm."

Meanwhile, NCVO chief executive Stuart Etherington claimed that as charity leaders hold concerns about the effect government polices have on their financing it is important for funders to "demonstrate genuine commitment to implementing the Compact".

Such news might be of interest to charities wishing to get to grips with sustainable efficiencies.

Last month Charles Nall, chair of the Charity Finance Directors Group, claimed that those charities which have a good long-term diversification policy will be able to view the current financial difficulties’ as a "storm in a tea cup".

More about sustainable efficiencies.

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