2010 Managing in a Downturn Survey Launched

20th July 2010

The Charity Finance Directors’ Group (CFDG) and Institute of Fundraising (IoF), together with PricewaterhouseCoopers LLP (PwC) are undertaking their fourth piece of research on managing in a downturn.

Whilst the research will follow previous reports in looking at the expected impact of the recession and continuing to track the changing nature of attitudes to the downturn, the latest survey will also highlight the impact of Government spending cuts and what these mean to charities.

Members of CFDG and of the IoF are encouraged to take part in the survey, which can be found on the homepages of both organisations’ websites until the closing date of 27 August 2010. A final report will be available to CFDG and IoF members later in the year.

Caron Bradshaw, CFDG’s Chief Executive, said:

“The previous Managing in a Downturn research reports proved to be an invaluable resource for CFDG members, outlining key trends and providing practical steps that charities can take in this challenging economic climate. However the climate is constantly evolving and the effects of the recession are continuing to have a significant impact on the sector.  With the recent spending cuts many charities are going to suffer from the reduction in public sector contracts and grants.

I would urge all members to take the time to complete the survey so we can better understand the extent of these cuts and help with financial planning for the future.”

Louise Richards, Director of Policy and Campaigns at IoF, said:

“We are very concerned about the impact that public sector cuts will have on fundraising and attitudes to fundraising. This piece of work is extremely timely and will be help shape our members’ thinking and reaction to the changing economic environment.”

Ian Oakley Smith, charity specialist at PricewaterhouseCoopers LLP, said:

“We are delighted once again to collaborate with CFDG and IoF to understand how charities are responding to the significant changes to their environment since we prepared the last report.  Many charities have commented to us on how helpful the previous reports have been and we intend that this report will continue to provide constructive and practical advice, as well as benchmarking the views of charities up and down the country.”


 - Ends -


A full copy of the earlier research reports, published 2008-2010, are available from CFDG, IoF and PwC websites.

For further information please contact:
Diana Mackie                                        Tel.     020 7840 1027 / 07793 802 852
Institute of Fundraising                    email: press@institute-of-fundraising.org.uk

Policy                                                 Tel.     020 7250 8347
Charity Finance Directors' Group      email: policy@cfdg.org.uk.

Katherine Howbrook                               Tel.    020 7212 2711
PricewaterhouseCoopers LLP             email: katherine.j.howbrook@pwc.co.uk

Notes to Editors

1.  Institute of Fundraising

The Institute of Fundraising’s (www.institute-of-fundraising.org.uk) mission is to support fundraisers, through leadership, representation, standards setting and education, to deliver excellent fundraising.  Members are supported through training, networking, the dissemination of best practice and representation on issues that affecting the fundraising community.  The Institute of Fundraising is the largest individual representative body in the voluntary sector with 5000 Individual members and 300 Organisational members.

The Institute is a charity registered in England and Wales (No 1079573) and Scotland (No SC038971), and a company limited by guarantee (No 3870883). VAT registration number 547 8930 96. 

2. Charity Finance Directors' Group

The Charity Finance Directors' Group was set up in 1987 and is an umbrella group that specialises in helping charities to manage their finance-related functions.  CFDG’s circa 1700 members are responsible for the finances of charities with a wide variety of income levels. Between them our members manage some £17.35 billion in charity income per year.

3. PricewaterhouseCoopers LLP

PricewaterhouseCoopers provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders.  More than 155,000 people in 153 countries across our network share their thinking, experience and solutions to develop fresh perspectives and practical advice.
"PricewaterhouseCoopers" refers to PricewaterhouseCoopers LLP (a limited liability partnership in the United Kingdom) or, as the context requires, the PricewaterhouseCoopers global network or other member firms in the network, each of which is a separate and independent legal entity.

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