Income Management

Strategies to manage income

Simplistic Model

  • one grant per project

  • no effort required : finance system should be adequate

Combined Grant Funding

  • many grants per project

  • acquittal becomes judgemental with underspend

Distributed Grant Funding

  • funding can be used for many varied projects

  • joint funding may be required (ie matched)

  • funds may need to be dynamically allocated and re-allocated depending upon project expenditure

  • requires intensive monitoring and tracking

Multi year funding

  • each model above may be for a year and then a further release as a separate grant

An appropriate strategy is required to manage each of these cases separately

Penny Green
Penny Green
Asset Management

Asset Management Innovator