A59521 DDAI SteeringWheel23 - Flipbook - Page 19
5
2024-2026 STRATEGY
Funding
Objective
Overall Objective
Create a sustainable funding model for
the DDAI.
For the last 20 years DDAI has been able to
fund its activities, support Ability Enterprises,
Shopmobility and invest in specific projects
with a limited use of its reserves. In earlier
years, much of DDAI income emanated from
investments and direct fundraising with the
significance of parking permit income rising as
time went on. DDAI has maintained generous
reserves and these reserves have provided
security for the Association during the financial
crisis, which affected traditional forms of
fundraising income and increased the focus on
caution in relation to investment income and
more recently when the pandemic and inflation
affected parking permit income.
Strategically the funding base of DDAI has
become very narrow and broader sources
of finance are needed to spread the current
dependency. Ideally, activities should be able
to attract sufficient funding to be sustainable
or almost sustainable in their own right. The
financial strength of the DDAI has been a critical
factor in its ability to be an independent, honest
broker in its 50 plus history.
Objective: Develop a sustainable, diverse, multiannual funding structure.
Specific Actions:
•
Broaden funding sources for existing
services.
•
Develop a funding model for all new
services prior to implementation.
•
Explore opportunities to obtain
Government and EU funding.
Educating and training are
two of the most important
aspects to benefit disabled
people and to promote
independent living especially
for people who live in rural
parts of Ireland who cannot
access public transport.
Quote from a Disabled Drivers
Association Member