core funding

core funding

A term of art referring specifically to the financial resources needed for an organisation’s sustained operation—e.g., salaries, office costs, equipment, IT, etc.
References in periodicals archive ?
9 million of Australia's core funding to the World Food Programme for 2016-17 was allocated to countries in Africa.
College and sections (C&S) core funding for 2016/17 was $242,000, with the budget for 2017/18 set at $206,000, based on more actual costings.
Chairwoman Wendy Ashton described the loss of core funding as a "devastating blow".
THE Welsh Music Foundation (WMF) is suspending the company''s operations after failing to secure core funding.
Without any core funding these are unchartered waters for us as virtually every CAB in the UK receives some level of core funding from its local authority.
There was a decision to replace the nine agencies with three and that the core funding would now go to these.
In addition to its core funding WRAP has in the past received funding for capital programmes from Defra -which this year totalled [pounds sterling]7.
He admitted: "The severity of cuts in core funding may force us to look beyond this review and at more radical proposals.
No one can offer core funding which we need to pay bills, for materials, or for staff pay.
A UCC spokesman said its decision to introduce the fee is part of an ongoing and widespread cost cutting exercise at the University to deal with the "huge shortfall" in core funding from the Exchequer.
Concerns have been raised about Dial-a-Ride in Denbighshire because news about core funding has not been forthcoming.
The Netherlands is a major donor internationally to the core funding of ICRC, UNHCR and CERF.