EC Meeting May 2018
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Grants and Requests
10.1 We receive random and intermittent and very varied requests for funding, especially from students. We do not have a systematic and professional process for dealing with these. I propose that we ask the Education Officer to produce a set of protocols for discussion at our next meeting. 10.2 Just by way of reminder in 2018 we are supporting the Tolpuddle Martyrs Radical Film Festival, Workable Books publications Class Songs, and A graphic novel on the history of the Labour Movement, Edda Nicolson’s PhD, The Durham Miners’ Gala. 10.3 We are partners to the coalfields research project at the University of Wolverhampton and partners to the funding bid for work on radical poetry at the University of Manchester. 10.4 We have received a request for funding for the Birmingham People’s Centre and the People’s History Hub. Attached. 11.1 The agreed strategy of the Educational Trust is to supplement the previous exclusive source of funding for education by the GFTU through the creation of new funding streams. 11.2 The ownership of Quorn Grange and now the significant new building on site are the current main income generators. 11.3 However, it should be borne in mind that there is considerable untapped potential for fundraising directly to the education work of the trust and indeed to our interest in arts culture and heritage. Are we in a position to form a sub group to consider further funding potential? streams that directly benefit the Trust. Our most successful income generator at the moment is the expansion of the Finance functions of the GFTU to provide accounts and audit services for affiliates and others. We have just won a new tender to do all of the accounts and finance work of one national union. 11.5 We also generate income through the Education Team managing affiliated unions’ education work. 11.4 Additionally we should bear in mind that the GFTU has opened up actual and new funding 11.7 In addition, the most extensive range of support services for affiliates has now been launched. You can see this on the GFTU website. It is called win:win. Basically all unions using our services get discounts and the providers put commission into the Trust. Some services such as the ethical shop are publicly available. 11.8 The Operations Manager and I had a full day meeting to develop a strategy to see how we can get this offers taken up and start generating new income streams. 11.9 These other income streams are significant for two reasons, firstly they help our charitable objectives, secondly the new build plan we have designed does not entirely solve the long term financial issue we have been trying to resolve. To full balance our books and ensure that we are not spending each year out of the family silver, we require around another £100k a year. 11 Fundraising 11.6 We are seeking to expand such work.
11.10 £10k has been generated for the Trust by undertaking an education review for PCS.
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