The path to financial security in the face of shrinking grants

Lucinda Rouse and Andy Ricketts  are joined by Nihara Krause, chief executive of the youth mental health charity Stem4, to talk about the organisation’s quest for long-term sustainability in the face of falling grant income.Nihara describes the challenges faced by Stem4 in developing partnership and merger prospects, as the charity has sought to stay afloat since the Covid-19 pandemic.She outlines the internal changes made to commercialise some of the charity’s products and foster a more entrepreneurial mindset, with a greater focus on profit.Tell us what you think of the Third Sector Podcast! Please take five minutes to let us know how we can bring you the most relevant, useful content. To fill in the survey, click here. Hosted on Acast. See acast.com/privacy for more information.