Need help to diversify your income streams?

The latest Heritage Sector Insights report highlights the opportunities for diversification and income generation.

In a recent heritage sector study undertaken by Ecclesiastical Insurance, one of the main takeaways was the importance of diversifying the use of heritage buildings to generate greater income. The report highlighted that 35% of the organisations that took part in the survey had tried this - and of those, 75% had found it successful. You can read the full report here.

Engaging a trusted partner to support you in this process is one way of making sure that the plan you develop is both robust and resilient.  At Gifted, our role is to give you peace of mind when it comes to understanding how those new ideas can be funded -  and it can all start with something as simple as a fundraising strategy review.

The insights shared in Ecclesiastical’s report point to three major concerns for heritage charities;

1. How to raise income for restoration and repairs, beyond the usual reliance on National Lottery Heritage Fund applications or the occasional legacy gift.

2. How to mitigate the ongoing effects of the cost of living crisis on things like ticket sales and subscriptions.

3. How to fund projects that bring activities or facilities in line with agreed climate change goals.

Finding solutions in your fundraising strategy

Our experience across the Third Sector shows that one of the most cost-effective ways of addressing these challenges is to invest in a mini-review of your charity’s fundraising. A tightly focused, independent analysis of what you’re currently doing and how you’d like to improve, can be a really smart step towards achieving your goals and creating greater financial sustainability.

Get in touch

For some charities, a review can also highlight the need for important feasibility work to help shape your fundraising story and map out the landscape of support before any new projects are introduced. So, whether you need funds to design a new outreach programme, make fabric repairs or create an exciting, carbon neutral visitor space, why not get in touch with one of our Directors and ask about our package of support for heritage charities.