Social investor receives a year’s worth of calls from charities in a month

Social investment organisation Foundation Scotland has reported a major increase in demand for funding over the last four weeks.

It has received the same number of enquiries over that time period that it usually receives in four weeks.

The Foundation says the surge in interest indicates renewed “optimism, confidence and ambition across the sector” following the Covid-19 pandemic.

It also follows the launch of a blended package of funding that combines grants and loans, called Investing in Enterprise Fund.

This fund can invest up to £500,000 in charities, social enterprises, and community organisations.

“We are in the process of recruiting a new Investment Executive to increase our team’s capacity and help manage the growing demand,” said Foundation Scotland’s head of investment Chris Holloway.

Foundation Scotland offers social investment across 13 of the most disadvantaged areas in Scotland. It aims to cover the whole of Scotland at a later date.

    Share Story:

Recent Stories

How to elevate your non-profit storytelling with data and performance metrics.
Sage Intacct the non-profit financial management platform, takes a look at giving trends and insights.

What has the pandemic taught us about the public’s perception of charities?
In this episode of the Charity Times Leadership podcast, we take a look at what the pandemic has taught us about the public’s perception of charities. Charity fundraising platform, Enthuse, recently released its quarterly donor research study, which highlighted significant shifts in donor behaviour throughout the duration of the pandemic. Not only does the report highlight an overarching sense of positivity towards the sector, but a propensity for younger generations to give more generously, too. Lauren Weymouth is joined by Enthuse CEO, Chester Mojay-Sinclare to discuss more.

The importance of the ‘S’ in ‘ESG’
In this episode, Lauren Weymouth is joined by Ketan Patel, equities fund manager at EdenTree, to delve into the issue of social investment and why that all-important ‘S’ in ESG is more relevant now than ever before. The social element of ESG often gets forgotten when thinking about investing in more ethical and sustainable ways. But, after a challenging year for all areas of society, social injustice has been highlighted, and there’s a much greater need for charities to put people at the heart of their investment decisions.