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Finance & resources

Generating income: the governance role

Training & development
12/04/2023
tools-resources man checking empty wallet

At a glance

Your school or trust may use its income well but may need further funding. How can additional income be generated to deliver the vision you have set for your organisation? This session will help you and your board to work pragmatically with the senior leadership team to find suitable new funding to improve pupil outcomes.

This session will cover:

Current challenges for schools and trusts
Expectations of those governing
A reminder about financial efficiency
Developing a strategy for building income generation
Evaluating types and sources of additional income including community support
Identifying options and constraints
Fully bespoke

This session can be tailored to the circumstances of your school or trust.

2 hour session

At a glance

This two-hour session will cover:

  • Current challenges for schools and trusts
  • Expectations of those governing
  • A reminder about financial efficiency
  • Developing a strategy for building income generation
  • Evaluating types and sources of additional income including community support
  • Identifying options and constraints
  • Constructive challenge – is the benefit worth the effort?
  • Implementing, monitoring and evaluating
  • Next steps

about this course

Who is this suitable for?

The session is suitable for the following and will be contextualised for each setting:

  • Governors, trustees and school leaders seeking new sources of funding to deliver their improvement strategies

about this course

What are the benefits?

Participants will understand how to develop a realistic and practical approach to generating additional funding for their school or trust which stands a good chance of success. They will explore different types and sources of funding and support, including partnerships with the community and beyond. By the end of this session, participants will be able to make more informed judgments and contributions to help their senior leaders focus on viable strategies and projects.

about this course

How will you learn?

  • This session can be delivered via face-to-face or online workshop
  • It will be facilitated by a quality-assured NGA consultant with relevant governance and training expertise
  • The session will be interactive with a mixture of participant activities and facilitator-led explanation and discussion
  • It will be supported with session materials including a resource toolkit to help with next steps

Please note that the session does not cover:

  • How to claim the usual per pupil entitlements
  • Parent Teacher Associations
  • How to make applications for capital funding from the government to maintain and improve the condition of school buildings and grounds
  • "It was brilliantly focused on income generation. The structure was just right with a good 'bite-sized' approach… and the use of break-out rooms for small groups was inspired."

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    Enquire now to book this for your board(s)

    Book your training

    If you would like to book the session or find out more then make an enquiry.

    This training is designed for a group of participants at a school, trust or other organisation.

    It is also suitable for a group of schools to share.

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