Archives, and the National Council on Archives between 2007 and 2012, which together investigated how archives in England and Wales are funded and the perceptions of funders and fundraising amongst archivists. Both pieces of research aimed to establish the institutional realities of funding and the funding mix for archive services, identifying which funding sources and fundraising techniques are well embedded and which are underdeveloped within the sector. The research projects also considered professional perceptions about fundraising and funding, in particular about funding from the Heritage Lottery Fund. Although not linked originally, the findings of these two projects throw light on an under-researched area of funding of archive services, and so the results of both projects are presented in a single article. The article also outlines some further research and professional development needs; suggests a target for a more robust funding mix and also that fundraising skills should properly form a part of the professional competencies framework.