Following the referendum in June, quite a few charities have actually been seeking our advice regarding the impact of the decision to leave the EU. Furthermore, some organisations have found their initiatives placed in extremely unpredictable situations, with applications to monetary funds including the ERDF (European Regional Development Fund) pending and no firm or consistent guidance from the Government or regional LEPs regarding whether or not the funding streams will still come to fruition. Whilst at this phase nobody knows with confidence what the effect will be, we would certainly recommend that non profit organisations confronted with the difficulty of an unknown outcome from European funding follow these key steps:1. Do Not Panic!In the years following 2008, charities as well as not-for-profits throughout the UK survived one of the most awful periods of economic downturn the nation has ever seen. In case you managed to get through the difficult times of the last 8 years, you are very likely to make it through BREXIT as well. For anyone looking into extra info in regard to hlf resilient heritage this particular site fundraising consultancy has quite a few more blog posts in regard to prospective research.2. Speak With Existing Funders If you are mid-way through fundraising for a big project, speak with your current funders now. If they have committed already it is simply because they believe in your project and will be understanding of your predicament – some could even increase their funding offer to cover a potential deficiency. 3. Mitigate Facing the issue directly and giving a brief review of precisely how you plan to mitigate against a possible funding deficiency – looking for additional funders, scaling or phasing an undertaking and so on – will certainly be viewed favourably by both existing and potential contributors alike, generating confidence in your organisation. If you require advice about your development strategies or fundraising challenges, don’t hesitate to contact one of our Directors for an informal chat.