As pressures related to the cost of living crisis continue to bite, more attention is turning to how we can collectively mitigate the impact being felt by communities and civil society, particularly as the increased costs facing organisations ‘doing’ the work are becoming ever more apparent.
With the strain intensifying, there is a clear need to step up collective efforts to mitigate the risks to London’s communities.
During September 2022, London Funders gathered insights from across our cross-sector network of over 170 funders, to better understand what they are seeing from the cost of living crisis. We wanted to better understand the practical steps being taken as well as explore the longer-term considerations being made about the future funding landscape in London.
This short report provides a summary of what our members shared with us. Insights are drawn from the analysis of an online survey, in-depth interviews with a representative sample of funders, and feedback gathered from a series of local funder networks.
As we continue to collectively navigate and respond to the pressures of the cost of living crisis over the coming months, we will build on these findings, convening members so we can share learning and explore ways we can continue to collaborate to support London’s communities.
We have also updated our Cost of Living Resource Hub, highlighting where there are opportunities for funders to take action, join forces and learn from each other’s responses.
Download the report here.
