Managing finances and options for sustainability in uncertain times Webinar recording

28 Sep 2020 Denise Copeland    Last updated: 30 Jul 2021

NICVA facilitated a webinar on 24 September 2020 on 'Managing finances in uncertain times and the options for sustainability.'  

This session, which is part of CFNI's Accelerator Programme, was designed specifically to help organisations with their financial governance, both in dealing with the current financial crisis and planning a way forward. 

Dr Rosemary Peters Gallagher, Moore NI, outlined the key aspects of managing finances at these times, from understanding your budget to examining overheads and understanding how your costs are apportioned.  She highlighted the importance of understanding restricted and unrestricted funds and using designated funds, reserves and possibly investments to manage at present.  She discussed using scenario planning which should include trigger points and action plans.  Rosemary also gave an overview of carrying out financial due diligence for organisations considering merging.   

Jenny Ebbage, Edwards & Co Solicitors, then highlighted the key considerations when thinking about merging with another organisation.  She outlined the drivers for merger and models that can be used as well as the 15 steps to merge.  Jenny also covered legal due diligence as well as deal breakers and considerations for post merger.  She also highlighted her top tips for organisations considering embarking on a merger.  

Please watch the following recording of this webinar 

Managing finances and options for sustainability in uncertain times webinar from NICVA on Vimeo.


Further resources

Collaboration NI - Useful articles and tips on collaborating and merging 

Charity Commission guidance on Mergers and Closures

Charity Commission guidance on Developing a reserves policy

Managing a charities finances  planning, managing difficulties and insolvency (Charity Commission for England and Wales)

Accelerator Programme

This webinar is part of the Community Foundation for NI Accelerator Programme, funded by DfC. The Accelerator Programme aims to improve the skills and confidence of people in our sector and strengthen organisations at this critical time.  NICVA is delivering a series of webinars from September 2020 to March 2021, for more information visit


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by Denise Copeland

Governance and Charity Advice Manager

[email protected]

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