Funding News - July 2018

£20 million investment to help tackle loneliness – DCMS, June 2018

Charities and community groups will get £20 million of new funding to help isolated people and those suffering from loneliness

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£20 million government boost for culture and creative industries in England – DCMS, June 2018

Arts Minister Michael Ellis launches £20 million fund for culture, heritage and the creative industries to benefit towns and cities across England.

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Cash Giving Still Adds Up – Institute of Fundrasing, June 2018

In the Spring Statement 2018, the Chancellor announced that HM Treasury would be launching a call for evidence on ‘cash and digital payments in the new economy’. Its publication caused a bit of a kerfuffle in the media around the potential removal of 1p and 2p coins from circulation, and the impact this could have on charity donations.

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Charitable Giving: Learning Lessons from Einstein, Prometheus, and CEP Research – The Center for Effective Philanthropy, June 2018

This post explores aspects of CEP’s latest research findings, weaves in data from five other new research reports, and concludes with suggested — and urgent — action steps. Spoiler Alert: Those steps entail mitigating the challenges to foundations and nonprofits alike created by the new tax law, building the capacity to fend off future threats, and helping the 501(c)(3) community cope with the newly disrupted reality under the new law.

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David Ainsworth: Does the charity sector really need 13,000 grant-givers? – Civil Society, June 2018

Why are there 13,000 grant-givers in the UK? What do they do? And are they all needed? David Ainsworth investigates.

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Following The Money: Why Foundations Should Be Analysing Their 'End Spend' – Forbes, June 2018

Although there is often a common rationale between why a foundation gives to a specific set of organizations – their geography, size, programmatic focus, etc. – once the money is out of the door, most foundations look at grants in complete isolation of each other. They never analyze what the grants are spent on cumulatively. If they did, they might think differently.

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Foundation trustee boards: the Good, the Bad and the Data – ACF, June 2018

While survey results broadly mirrors the make-up of trustees within the wider charity sector, it still makes for deeply uncomfortable reading.

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Government gears up for social impact investment drive – DCMS, June 2018

The government has strengthened its commitment to bring social impact investment into the mainstream.

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Government takes next steps in releasing billions of pounds in dormant assets – Civil Society, June 2018

The government has appointed four industry champions to work on releasing billions of pounds worth of dormant assets for the voluntary sector.   Champions for the insurance and pensions, banking, investment and wealth management, and securities industries have been announced as part of a plan to expand the current dormant assets scheme, which could see a further £2bn made available to the charity sector.

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Grant Reporting – Can We Fix It? – IVAR, June 2018

Tessa Hibbert from the Blagrave Trust blogs on how the foundation has changed its strategy, grant reporting and relationships with grantees.

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Information and Guidance for Funding Platforms – Fundraising Regulator, June 2018

The Code of Fundraising Practice requires that all reasonable steps are taken to treat a donor fairly, enabling them to make an informed decision to donate. All fundraising platforms should provide clear, transparent and accessible information on their services to ensure that members of the public know where their donation is going and what their rights are in the event of a problem.

The Fundraising Regulator analysed information provided to donors across eighteen well-known platforms. While we recognise that many platforms are already providing a significant amount of information regarding their activities, the five questions below were identified as key areas in which information is not always clear for donors. This guidance represents the minimum standard of information we would expect to see for donors to be able to make an informed decision to donate.

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Match Points: A research summary of mergers among charities and social enterprises – Social Investment Business, June 2018

This research report, commissioned by Social Investment Business and written by Eastside Primetimers    examines mergers in the charity and social enterprise sector.

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More charities subsidising public service contracts, finds CFG research – Civil Society, June 2018

More charities are now using their own resources to subsidise public service contracts than at any point in the past five years, according to the Charity Finance Group's latest research into full cost recovery.

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Mayors boosts small and community-led homebuilders – Mayor of London, June 2018

  • Flagship community-led housing projects will deliver 100 per cent genuinely affordable homes on two sites
  • Sadiq to extend his ‘Small Sites, Small Builders’ programme with £3.8 million over the next year

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Mayor unveils £1.1bn vision for East Bank – Mayor of London, June 2018

The Mayor of London, Sadiq Khan, set out his £1.1bn vision for East Bank at Queen Elizabeth Olympic Park – a new powerhouse of culture, education, innovation and growth, and welcomed a £151m contribution now secured by the Government.

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Small but vital – 360Giving analysis of small charities in Lambeth and Southwark – 360 Giving, June 2018

“For Small Charity Week, we decided to explore our local boroughs, Lambeth (where our office is located) and Southwark and see which small charities are receiving grants from funders that share their data in the 360Giving standard format”

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Summer Give launches with new research from Childhood Trust – UK Fundraising, June 2018

The Summer Give launches today (11 June), along with research published by The Childhood Trust that shows that half of disadvantaged children in London supported by 22 charities have witnessed violence and drug taking during the holidays.

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Ten Reasons Not to Measure Impact—and What to Do Instead – Stanford Social Innovation Review, June 2018

Impact evaluations are an important tool for learning about effective solutions to social problems, but they are a good investment only in the right circumstances. In the meantime, organizations must build an internal culture in which the right data are regularly collected, analyzed, and applied to manage implementation and improve programs. 

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You can’t always get what you want: ‘amount applied for’ in grants data – 360 Giving, June 2018

There are at least four (usually) acceptable reasons for offering less. If a project budget looks inflated, then a slightly smaller award may be perfectly adequate to get the work done. If a project comes in distinct phases or workstreams, a funder can – ideally after consultation to check viability – legitimately choose to fund one workstream or phase and not another.  If an applicant has several funding applications pending, then a smaller grant may help to lever in the matching balance. Finally, where a grant is for general core support, with no specific requirements on outcomes, most charities would cheerfully accept any level of donation.

There are also at least two (usually) bad reasons for offering less than the applicant requests…

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