Unless you have experienced a loss yourself, it can be difficult to even imagine the feeling of intense hurt and trauma. For many people, charity work is a way of coping with the grief of losing a loved one, while raising money to help the professionals that looked after them.
If you’ve lost a loved one and want to do your bit to help others, you could start fundraising for an existing charity. While this is certainly worthwhile, lesser known causes and diseases often don’t have relevant charities, which make it difficult for them to raise money and awareness.
However, this doesn’t have to be the case. Setting up your own charity can be incredibly worthwhile and rewarding; here’s how you do it.
Decide if it’s worthwhile
If you’ve reached the stage of setting up a charity, chances are it’s for a worthwhile cause. However, in order to get your charity registered, you will need to prove that your organisation will help others, so research is vital.
It may also be a good idea to plan how you will raise funds. Whether its family fun days or sponsored walks, having a thorough plan of how your charity will operate will place you in a good position for meeting the registration panel.
It is vital that you register your charity in order to make your organisation official. People are less likely to donate if you are unregistered. If they have no way of verifying your credibility, they may feel like their donation isn’t in safe hands.
To get registered, you will have to submit an application to the Charity Commission. Here, the panel will determine whether you are eligible for charitable status, deciding if your organisation will really be beneficial to the world.
To find out more information about what exactly makes a charity, take a look at the official Charity Commission site.
Set up insurance
Just like you wouldn’t travel abroad without travel insurance, or drive a car without protection, it would be illogical to not insure your charity.
The most popular form of insurance taken out by charities is public liability, to protect them against any compensation claims. However, the type of cover you will need depends on what kind of organisation you are running.
Whatever policy you take out, you’ll need to make sure it’s with a reputable company. NC Insurance would be an ideal choice for your charity insurance policy. They can help you to tailor your policy to your needs, so you don’t end up paying for protection you don’t require.