Funding and Resourcing

Four Ways of Funding Village Initiatives

Raising Funds for the Benefit of Norwood Green

The more money we can raise, the more we can achieve for Norwood Green.  

Norwood Green Better Place CIC is a non-profit company. This is a similar entity to a charity* and, like a charity, all monies received must be used for the social benefit the CIC has been set up to progress, ie to improve Norwood Green village.

If there is any surplus remaining at the end of each financial year, this must only be used for the benefit of Norwood Green.

Businesses can make a donation to a Community Interest Company and we would recommend that, if you are interested in doing this, you speak to your accountant to have confidence in the best way of doing this.

*Unfortunately, as the CIC does not have charitable status, current legislation doesn’t allow Gift Aid on donations made by individuals.