Will the social impact bond ever attract commercial capital? At least one professional investor believes it eventually will – although he doesn’t think it will be quick or easy. The social impact bond was introduced last year as a means of funding early interventions on reducing reoffending, drug use, the number of children in care…. Read more »
Monthly Archives: May 2011
Battling on with the big society
People who do not read Third Sector, or are unlikely to read the full contents of the Giving White Paper, will be under the impression that yesterday David Cameron’s slightly ambiguous big society concept was launched yet again. To name but a few, the Guardian published an article just before the launch event of the… Read more »
If charities are so bad, are they really worth saving?
Kevin Carey, chair of the RNIB, didn’t hold back yesterday at the CFDG conference. He gave the sector both barrels, in fact. At close range. He told audiences that the sector was cripplingly undercapitalised, focused on helping too few people, and too often prioritised preserving the organisation instead of helping the beneficiaries. The sector, he… Read more »
It’s time for the sector to get creative about working with companies
Without wanting to sound like a complete cynic, my first reaction when I was told about Vodafone and JustGiving’s new free text donation service for charities was to wonder what the catch was. The service is being offered to every single registered charity in the UK – according to the Charity Commission’s website this morning,… Read more »
Most charities do not use their investment capital as a tool to do good
Recently, there have been several instances of charitable investors using their large portfolios as weapons to promote their beliefs. This week, a group of major investors including CCLA, the Joseph Rowntree Charitable Trust, Lankelly Chase and the Sigrid Rausing Trust have written to all of the FTSE 100 asking them to pay the Living Wage… Read more »