Core funding definition

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Core funding

Core funding logo #20141The money required for operational, management and day to day costs of a charity. Without core funding for these activities, the charity would not be able to do anything else. Core funding goes to fundraising, administration, property costs and staff salaries. Sometimes also relates to a charity's main source of income, for example, public donation...
Found on https://www.encyclo.co.uk/local/20141
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