LADA and Artsadmin receive Catalyst Evolve award
We are delighted to share the news that LADA, in partnership with Artsadmin, has been awarded funding from Arts Council England's Catalyst Evolve programme.
Since their earlier involvement as a Catalyst consortium in 2013-15, Artsadmin and LADA have been proactively and collaboratively working on developing their skills, experience and capacity to encourage more private giving. Both organisations are now ready to use this learning to deliver a step-change in their ability to raise philanthropic income. Artsadmin will focus on Individual Giving and Corporate Sponsorship, LADA on Individual Giving and Trusts, aiming to significantly increase the amount and diversification of income from private sources for the duration of Catalyst Evolve and beyond.
The £150,000 grant is allocated equally between the two organisations, and will cover a three year period of activities. Most notably, 70% of the award is earmarked towards 'matching funding' incentives: new or increased contributions from donors, and new Trust & Foundation awards, may be matched (and effectively doubled) by the award.
Chloe Booth from Artsadmin has written a great blog tracking our journey so far into the world of fundraising.
Date Posted: 02 August 2016