Voluntary sector organisations are increasingly seeking to diversify their income sources by incorporating strategies and techniques to achieve a sustainable funding base.

Full cost recovery is a method of budgeting projects or services that allows organisations to recover all costs associated with the delivery of the project or service when applying to funders or submitting tenders.

Voluntary sector organisations are increasingly seeking to diversify their income sources by incorporating strategies and techniques to achieve a sustainable funding base. Tendering for the delivery of goods or services under the terms of a contract is one of many options that can be considered to generate income.

This legacy toolkit has been developed to support other organisations work to increase diversity within their work.

Contracts are won, and lost, on the quality of the tenders submitted therefore being able to write a good tender is essential. This information sheet is intended to provide a brief overview of how to develop a successful tender.

The majority of third sector organisations that deliver contracts do so for the public sector. This information sheet is intended to provide a brief overview of procurement within the public sector.

All organisations must keep records of their financial transactions and these records may be open to scrutiny by the Charity Commission (where the organisation is a registered charity) and/or HMRC.

This guidance offers some practical advice and suggestions on keeping records to help ensure that projects funded by European Structural funds can comply with the requirements of their funding.

Unpaid voluntary activity can be used as a source of in-kind match funding for projects receiving funding from the European Structural Fund programmes in Wales.

In addition to the European Structural and Investment Funds (ESIFs), Wales also has access to many other European funding programmes.

Soft outcomes are the results that projects achieve which cannot be measured in the same way as hard outcomes, such as qualifications or employment.

Community investment is a method of communities investing capital in business ventures whose purpose is for social and community benefit.