Accepting a few tins of paint from a company can be a great help to a small organisation but corporate support can be a much greater undertaking for larger groups, one that should only be entered into when all the implications have been carefully thought through.
Major national charities have benefited from the trend in ‘Cause Related Marketing’, where companies provide support in return for being associated with the charity. But local voluntary and community organisations are less likely to get funding from large national companies – except where there is a strong geographical, personal or product link.
Third sector organisations can see the benefits of corporate support from their own perspective, but why does a commercial company get involved? Understanding this puts a third sector organisation in a much stronger position when entering into a joint arrangement. HM Treasury has produced a guide for companies considering offering corporate support -
third sector organisations will find this useful to look through to be clear about what commercial companies are looking for in such an arrangement.
The Charities Commission has developed a range of resources that explain the potential advantages and disadvantages of entering into a relationship with commercial partners.