Accessibility Features
Accessibility | Skip to Start of Article | Skip to Search | Skip to Navigation Menu | Skip to Themes | Skip to Regions | Skip to Members Sign InAccessibility Features
Accessibility | Skip to Start of Article | Skip to Search | Skip to Navigation Menu | Skip to Themes | Skip to Regions | Skip to Members Sign In
Full Cost Recovery means ensuring that all an organisation's costs, including its overhead costs, are recognised and covered by funding agreements. It is vital to the sustainability and effectiveness of the sector. Stephen Bubb will outline acevo's new guide and template, and explain why every third sector organisation should be making full cost recovery a priority.
Thursday 23 June 2005
Thursday 23 June 2005
The Wellington Park Hotel- Belfast
£25 (a copy of the guide will be available to buy)
Are you having trouble funding overheads in your organisation? Do you rely on donations or your reserves to subsidise your services? If the answer to both questions is 'yes', then you need Full Cost Recovery. Would seeing your costs more clearly help you write better funding applications and improve decisions about much you should be asking for? Would you like to be able to demonstrate to your funders exactly how much your services cost to run? If the answer to both questions is' yes', you need to work out the full costs of your activities, including your overheads.
acevo (Association of Chief Executives of Voluntary Organisations), New Philanthropy Capital (NPC) and accountants KPMG, have consequently developed a new guide and interactive toolkit that will help you calculate and understand the total cost of each of your activities including an appropriate proportion of your overhead costs. This guide will help you to - Understand about full cost recovery and allocating costs - Calculate the full cost of your projects or services, including direct costs and an appropriate level of indirect or overhead costs.
If you would like to attend the event contact Tracey McCreanor on 
028 9068 7755 
acovo@nireland.com.
Learn more about full cost recovery at www.philanthropycapital.org/html/full_cost_recovery
Footer
NICVA | 61 Duncairn Gardens | Belfast | BT15 2GB
Northern Ireland Council for Voluntary Action is registered as a company limited by guarantee in Northern Ireland (No 1792) and is registered as a charity for tax purposes with the Inland Revenue