This section should give a summary of your charity’s finances, including your budget and a forecast for the current and future years. This shows that you understand your financial position and can plan ahead. Include the costs of your current projects and any future activities to show how much money you need to raise.
Include a list of your income sources, such as grants, donations or other income, and highlight any gaps where funding is still needed. Outline the main expenses your charity expects to face and how you will make sure there is enough money to cover them. It is also helpful to mention how you keep track of your finances, such as having regular reviews or involving the board in financial decisions, to show funders that your charity manages its money responsibly. Further resources are available at the end of this document.