There could be some overlap between the requirements of funders i.e. evidence of policies and procedures and successful accreditation for Investing in Volunteers. By working towards Investing in Volunteers you can demonstrate to funders your organisation's commitment towards good practice and accountability.
Many funders are keen on funding new and innovative work. Investing in Volunteers is an innovative quality standard that can contribute to added value in your work.
Other sources of funding
Applying for funding can be a minefield. It may be that your organisation applies for funding for Investing in Volunteers as part of new or existing bids or that you wish to apply for a discreet pot of money to fund Investing in Volunteers. If you choose the latter route you will need to balance the time and money it will take to make the application against the money you will get.
The Directory of Social Change’s website is an independent source of information and support to voluntary and community sectors worldwide, including funding. www.dsc.org.uk
Voluntary Action Fund [formerly UVAF] administers funding programmes which you may be eligible to apply to. More information can be found on their website www.voluntaryactionfund.org.uk or by phoning 01383 620780.
There are other funders who may be interested in funding organisations through the IiV award, for example, Lloyds TSB www.ltsbfoundationforscotland.org.uk Tudor Trust www.tudortrust.org.uk