Social purpose organisations are set to benefit from a new social investment fund from the Charities Aid Foundation (CAF). The Venturesome Impact Fund offers affordable, repayable finance to organisations across the UK. This ‘evergreen’ fund will remain continuously open for applications and is cause universal, to enable impactful social purpose organisations to access finance to grow and improve their resilience. The fund opens with £10m of philanthropic capital from CAF’s private clients, businesses and other foundations, with the goal to grow available funding to at least £20m. Most social investments…
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UK falls out of top 20 most generous countries in the world
The UK is no longer one of the most generous countries in the world, according to the Charities Aid Foundation’s World Giving Index 2024. It now places 22nd in the global index, its joint lowest ranking, having fallen to the same level it was in 2020 when charitable activity was severely limited by the Covid 19 pandemic. The CAF World Giving Index is one of the biggest surveys on giving ever produced, with this year’s research covering 142 countries and interviewing millions of people around the world since 2009. This…
Read MorePublic backs charity access to AI, research finds
“AI must not be the privilege of the few” People around the world recognise the benefits that Artificial Intelligence can bring to further charitable causes, according to new research from the Charities Aid Foundation (CAF). Indeed, most people (70%) believe that efforts should be made to help charities of different sizes and resources to access AI. Ahead of Microsoft’s first Global Non-Profit Leaders Summit in Seattle, which a thousand non-profit leaders are expected to attend, CAF is encouraging technology companies to consider how charities of all sizes can access the…
Read MoreCost of living: charities face uncertain months ahead as half say they used reserves to get through tough winter
Charities have been a lifeline to millions this winter – providing food, warmth and support for the vulnerable – but new research has found just half of charities are confident they can afford to meet their current overheads, including energy, rent and supplies. The Charities Aid Foundation (CAF) surveyed more than 1,300 organisations across the UK over the previous four challenging months. With the Government’s support for their energy costs set to be cut from April, many charities face prolonged uncertainty as they continue to deal with rising demand for…
Read MoreNearly 4 million fewer gave to charity during peak pre-Christmas period say CAF
According to the Charities Aid Foundation (CAF), new research shows just 36% of individuals donated or sponsored someone for charity in November, down from 43% in a typical November pre-pandemic. November is usually the month when most people say they give to charity thanks in part to national events such as Children in Need and the Poppy Appeal. Some charities rely on November fundraising to fund their work for the following year. However, festive giving has been lacklustre for the last few years due to the pandemic restricting opportunities for…
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