Partnerships and Sustainability
our goals for the future
Crossover Recovery's long-term success relies on achieving financial sustainability. To achieve this goal, the organisation will adopt an innovative approach by engaging various stakeholders to develop diverse multiple financial streams to ensure stability and growth for Investing in people and families to heal. Here's an overview of the strategies that will be employed:
Formation of a Finance Team
After the development and implementation of our new pilot programme, our directors will assemble a finance team comprising board members, local businesses, and community leaders. This collaborative effort aims to leverage the expertise and connections of these stakeholders to devise effective financial strategies.
Fundraising Events
The finance team will organise fundraising events to attract donations from the community and supporters who resonate with Crossover Recovery's mission. These events could include auctions, charity runs, and other creative initiatives. By involving the community directly, the organisation can build a sense of ownership and connection among its supporters.
Business Entities e.g Social Enterprises and Limited companies
Exploring revenue-generating business entities aligned with Crossover Recovery's mission can provide a sustainable source of income. This could involve creating products, services, or partnerships that not only generate revenue but also contribute to the organisation's goals. For instance, if Crossover Recovery is involved in education, it could offer workshops, training programs, or educational materials for a fee. Limited companies will be developed in partnership with venture capitalists and assorted investors to ensure success and growth. Profits generated form the limited companies can then be another source of revenue for COR.
Wealth Management e.g Investments and Private Sector
Strategically managing the organisation's resources, investments, and assets can contribute to its long-term financial stability. This could involve seeking advice from financial experts and exploring investment opportunities that align with Crossover Recovery's mission and values.
Transparency and Accountability
Throughout the funding and sustainability processes, Crossover Recovery will maintain transparency and accountability to its donors, supporters, and the community. Clear communication about how funds are utilised, progress toward sustainability goals, and the impact achieved will foster trust and strengthen the organization's relationships.
Continuous Adaptation and Evaluation
The funding strategy outlined above is not static. Crossover Recovery will continually evaluate its financial model, adjusting strategies as needed based on the changing landscape of grants, community interests, and market trends. Flexibility and adaptability will be key to the strategy's success over time.
Funding mechanisms for non-profit organisations .
This graph breaks down the average sources of funding for small charities and non-profits. It shows the diversity of funding streams and demonstrates the importance of continued support from various sectors. Source: https://smallcharitiesdata.org/
Our projected income stream development
As seen in the graph above on funding mechanisms for small charities, it is essential for us to diversify our funding streams. The challenges we address require significant investment in both time and resources, yet financial constraints often limit the ability to make a lasting impact. Despite the best efforts of governments and foundations, funding gaps persist, preventing support from reaching everyone in need.
To create sustainable, large-scale solutions, Crossover Recovery is committed to expanding and strengthening its income sources beyond traditional funding.
Funding Sources
Crossover Recovery secures financial sustainability through four key funding groups:
Group A – Public Fundraising
Gifts and donations
Participatory fundraising (e.g. walk-a-thons, charity events)
Fundraising events (e.g. auctions, races, comedy nights)
Group B – Outside Sources
Grants and proposal writing
Capital and investment funds
Group C – Investments and Fees
Wealth management philanthropy advisors
Capital investment and asset management
Service fees (e.g. transitional housing and treatment programmes)
Group D – Private Enterprises
Social enterprises (e.g. CICs, charity shops)
Limited companies generating revenue for reinvestment
Financial Strategy and Growth
Public Fundraising (Group A) remains a core component, ensuring transparency and community involvement through regular updates and outreach.
Outside Sources (Group B) provide crucial start-up funding and enable the launch of new and innovative programmes.
Investments and Fees (Group C) establish a strong financial foundation through capital and market-based trusts.
Private Enterprises (Group D) will drive long-term sustainability, generating significant revenue for growth and operational costs.
To ensure successful execution, Crossover Recovery will engage investors and venture capitalists, hiring a fund manager and Chief Business Officer (CBO) to establish marketplace relationships and funding partnerships.
By expanding and diversifying our income streams, we create a sustainable financial foundation, allowing us to address the overwhelming challenges of addiction and mental health with the comprehensive solutions they demand.
Our corporate business plan
Click on the link provided below to easily access and download our comprehensive corporate business plan. This document outlines the overarching vision of Crossover Recovery, explains our strategic trajectory for company growth, and shows our approach to creating future partnerships and ensuring long-term sustainability.
