The evaluation of
the programme found five key changes which contributed to its success:
a shift in the vision, confidence and self-belief in the foundations,
and in the engagement of their boards; the employment of specialist fund
development staff and applying resources to staffing; developing personal
links with donors; and a positive shift in the position of the foundation
within its community.
“We are
very pleased that our grant investment of £1 million has been multiplied
almost twenty-fold,” said Margaret Hyde, director, Esmée
Fairbairn Foundation. “The learning in this evaluation will be useful
not only to other community foundations, but to all fundraising charities
that seek to build their endowments.”
Stephen Hammersley,
chief executive, Community Foundation Network added, "Perhaps the
most significant point is the evidence from Time for Growth that a serious
investment in the local philanthropic infrastructure can pay a very handsome
dividend. This is a real win-win-win situation: donors achieve their
objectives; community organisations are funded; and communities are strengthened."