Full Cost Recovery website (ACEVO)

Neil Irwin | Thu, 18/09/2008 - 12:58

Acevo has developed a website on full cost recovery which provides information and tools on using the full cost recovery model.

Historically, third sector organisations have struggled to secure funding for their overhead costs, leading to underinvestment in management and leadership, internal and external infrastructure, strategic development and governance. This difficulty has been exacerbated by a trend on the part of the sector's funders towards funding the direct costs of projects rather than overheads or "core funding".

Failure to secure funding for overhead costs makes important services, including public services, and the organisations that deliver them, unsustainable.

Both government and the sector's representatives have agreed on a solution: Full Cost Recovery (FCR)

www.fullcostrecovery.org.uk

Last updated on 18, September 2008