As every charity knows all too well, it’s getting ever-harder to meet the soaring demand created by the cost-of-living crisis. As costs rise and high inflation erodes the value of reserves and pre-pledged grants and donations, charities nationwide are being forced into impossible choices.
In this context, we should all be regularly talking to our existing funders and donors. People who already support your work are the ones most likely to carry on supporting you, so keeping them well informed and feeling valued is crucial. NPC (New Philanthropy Capital) have been advising philanthropists on how to confront the cost-of-living crisis, and they want to help charities talk to their funders about the impacts of rising costs on their work.