h t i s f u l Run a PTA
A fundraising glossary All the words you wanted
to know about but were afraid to ask!
Annual return: information that registered charities must submit to the Charity Commission every year. The complexity of what’s required depends on how much you raised during the year. You may only need to report your income and spending.
Beneficiaries: those who will benefit from funds raised by the PTA, typically the pupils at the school. Business partnerships: PTA initiatives aimed at strengthening ties with local businesses, typically through donations, sponsorship or volunteering. Chair: the elected committee member responsible for overseeing the activities and operations of the PTA.
pta.co.uk/running-a-pta/ managing-a-pta/pta-committee- roles-and-responsibilities Challenge events: an activity where individuals and groups complete a specific, difficult task, for example a run, hike or cycle. Participants raise funds through sponsorship. Charitable purpose: an overarching description of what the PTA aims to accomplish.
Charity: a non-profit organisation that operates for the public benefit. Charity Commission: the Charity Commission for England and Wales is a government department that regulates registered charities. gov. uk/government/organisations/ charity-commission Committee: officials responsible for planning, organising and executing fundraising events and initiatives. Committee meeting: a planning meeting which is attended only by the committee. Constitution: a document that sets out the rules governing how the PTA operates. The constitution outlines its purpose, management, membership and how decisions will be made. Crowdfunding: a fundraising technique that uses social media and online platforms to collect small amounts of money from a large number of people. Digital donation platform: a website or application that enables the PTA to collect donations and sponsorship online. Donors can use payment
methods such as credit cards and debit cards and leave messages of support. Fundraising goal: a specific target set by a PTA to guide their fundraising efforts and measure success. Fundraising thermometer: a visual representation of a PTA’s fundraising progress, often displayed in the school reception or printed in the newsletter to motivate parents to contribute and reach the fundraising goal. Fundraising strategy: a detailed plan of how the PTA will raise funds and meet its financial goals. Grant: a sum of money awarded to a PTA or school by a foundation, trust, company or government agency.
funded.org.uk/grants Grant giver, grant funder, grant- giving trust or grant-making body: an individual or organisation that evaluates grant proposals and awards funds to projects and initiatives that meet their specific criteria and requirements. Grant reporting: the process of providing progress updates, impact reports and other documentation
Gift Aid: an incentive that enables charities to claim back tax already paid on donations. For every pound donated, the charity can claim an additional 25p from the government.
pta.co.uk/fundraising/funding-sources/ claiming-gift-aid-from-hmrc
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