17 February 2012
A free online resource has been launched to shed light
on social investment and the different financial models available
to charities.
Social
investment made simple defines the different forms of social
investment and helps voluntary and community organisations to
understand what could work for their organisation. The guide
showcases examples of charities of varying sizes which have used
social investment to successfully grow their organisation and
signposts users to further sources of support.
Social Investment made simple has been developed jointly by the
National Council for Voluntary
Organisations (NCVO) and CAF Venturesome. It was put together in response
to feedback from many people in the sector that there is a lack of
clear and honest advice available to help organisations make
informed decisions about what is right for them. The resource will
be published on KnowHow NonProfit, which became part of NCVO in
November, complementing the site’s existing fundraising
resources.
Sir Stuart Etherington, Chief Executive of NCVO, said: "Social
investment offers huge potential which could be crucial to the
sector’s long term financial sustainability. By demystifying what
can be a complex issue, we hope more voluntary organisations will
be able to take full advantage of what is a major growth area for
the sector."
Paul Cheng, Head of CAF Venturesome, said: "We are delighted to
be working with NCVO on launching this new online resource about
social investment. Although grants will always be a crucial form of
funding for the sector, charities need to understand how the full
spectrum of social investment may help them become more financially
resilient in both good times and bad."
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