FINANCING MODELS AND FUNDING

Strategic objective:

Maintain and expand funding base for all our income streams including public and institutional donors and contracts, and increase collaboration with the private sector.

Metrics

• 90% of funds expended directly on projects.

• Our social enterprises meet their annual budget approved income generation goals.

• Annual organisation income of €55€60m.

• No one donor provides more than 25% of organisation income over the five years.

• Financial reserves maintained to cover budgeted, committed, unrestricted expenditure as necessary.

Actions

• Continue implementing donor account management processes for key donors / partners, staying abreast of donor trends and future plans.

• Diversify the organisation’s funding base.

• Review and adapt subsidiary business models, as appropriate.

• Ensure value for money approach, including cost recovery, continues to be built into all programmes.

• Consolidate approaches for, and management of, carbon and biodiversity credit trading.

• Review existing policy and report on use of unrestricted income and use of reserves.

• Continue building reserves in keeping with best practice to ensure the organisation can sustain shocks in a changing environment.