“Each and every” trustee responsible for how a foundation deploys its endowment “super-power”, according to new ACF report. Plus, foundations should be transparent with grantees on the source of their wealth.
Taking the temperature of UK social enterprises before the Covid-19 crisis: It may seem like a different time – but just over six months ago, the UK’s top social enterprises were looking ahead to times of growth and success.
Hatch Enterprise's Dirk Bischof, whose first boss sparked a lifelong focus on diversity, shares his frustrations with the UK's social investment market and unveils a new £10m fund targeting typically overlooked founders.
The ‘Be the Future Challenge’ calls for social enterprise ideas linked to one of the UN’s sustainable development goals, and able to make a profit through selling a product or service. Deadline now extended to 17 July.
Grants of between £5,000 and £50,000 are being offered to social enterprises across the UK thanks to a new Coronavirus Response Fund launched by NatWest Social and Community Capital, the bank's social investment charity.
Some 72% of those responding to a survey by the Global Impact Investing Network said they were unlikely to decrease or were likely to increase the capital they had planned to commit this year. PLUS size of global market now estimated at $715bn.
“Unprecedented times call for extraordinary solutions,” says US grantmaking giant, announcing $1bn social bond sale to fund a massive, anti Covid-19 grantmaking programme.
