Focusing on the impact of COVID-19 on the sector, COVID-19 Survey 2021 finds that while nearly a quarter of respondents have already accessed funding support, many more are calling out for further clarity on where to find funds. The report states that:
• 20% have accessed Local Authority funding, and 14% have used UK Government funding
• Half (50%) would find more information on financial support helpful and suggest the Charity Commission could do more to help charities find/access it.
Feedback from the report suggests that the loss of income through usual charitable activities, due to COVID-19 restrictions, has increased the importance for external funding and grants in order to maintain long-term success. In particular, over a quarter of charities (26%) wanted funding for digital delivery and 25% of charities were looking for funding for essential or core costs.
However, awareness of and access to a wide variety of funds and funding providers remains a barrier for charities who want better understanding of the financial support available to them.
When posed the question about how the charitable sector could be better support, respondents requested:
• Better signposting to funding
• An overview of what grants are available and where to apply for funding
• A database of funds, including alternative funders (with 41% of charities stating that independent grant funding would be beneficial to them).
The full report can be found here.