Giroscope has created a model for ‘Housing – Employment – Regeneration’ which is fundamentally financially sustainable. We receive minimal statutory funding for our work, generating our running costs from our rental income and borrowing money from our bankers, Triodos to fund new property purchases.
To expand our work and bring forward new projects we do fund raise to bring additional income into our project. Over the years we have received funds from a small number of Charitable Trusts who have supported our work.
We are currently aiming our fundraising activity towards the organisation expanding its volunteer training programme for the long term unemployed and other disadvantaged people. By creating more permanent posts we can train and supervise more people, bring more empty properties back into use and provide more homes for those in housing need.
Giroscope prides itself on spending money prudently and making sure that any funding is used directly where it has been targeted. We are a Registered Charity governed by a Board of Trustees.
In 2013 Giroscopereceived a grant from the European Social Fund and Humber earning Consortium to improve our volunteer programme.