NPC in the press
Social investing will give a boost to philanthropy
23 November 2011 - City AM
GEORGE Osborne’s Autumn Statement is likely to reveal that things are going to be tough for some years. One consequence is that money to tackle many social issues will be in short supply. One hope is that the third sector can plug some of the hole created by the deficit reduction plan. But funding for charities is being cut not only as contracts get harder to come by, but also as donations – despite the recent efforts of Finsbury boss Roland Rudd and his “Legacy10” campaign – come under pressure too. So how will charities fund this?
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Charities' debts worth over £500m and rising as donations dry up
22 November 2011 - the Guardian
Hard-pressed charities have taken on more than £500m in debt and are expected to more than double their borrowing in the next three years, research has revealed. Fundraisers struggling with emptier collection tins are turning to lenders who expect an annual return averaging 10%, according to a survey for the Young Foundation thinktank.
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Can art inspire prisoners to change their ways?
25 October 2011 - BBC News (video)
Allowing prisoners to take part in art schemes can help cut reoffending rates in half, according to a report commissioned by the Arts Alliance. The group of charities has voiced concern that in touch economic times such projects may be cut. Nick Higham reports.
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Targeted charity could save cash
19 September 2011 - City AM
Huge social issues blighting Britain can best be solved by well-targeted philanthropy, claims study out today from Barclays Wealth and think-tank New Philanthropy Capital (NPC). The report identifies three categories of social problem costing the taxpayer £100bn per year: children with conduct problems and the crimes they commit in later life; adults out of work due to mental health problems; and chaotic families.
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Cost of social problems put at £100bn
17 September 2011 - Financial Times
The state could save up to £100bn ($158bn) a year by tapping private funders to solve some of the UK’s most intractable social problems, according to new research by Barclays Wealth, the wealth manager. Investing about £30bn a year in early stage interventions in three key areas – antisocial children, adults with mental health problems and dysfunctional families – is likely to save almost £100bn in benefits, lost productivity and the costs of dealing with crime, the report says.
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How to give it: Peter Wheeler
19 August 2011 - Financial Times
Peter Wheeler, 54, was until last year head of wholesale banking (west) at Standard Chartered. He is co-founder and chairman of trustees at consultancy and think-tank New Philanthropy Capital, chairman of the Young Foundation and a founder of Charity Technology Trust.
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Big Society messages by government don't stack up
2 August 2011 - The Huffington Post
As we've all discovered in the past few years, £86m is not a large amount of money in government terms. Francis Maude claims he's managed to save 40 times that amount in the last few months alone, just by cutting Whitehall overheads and scrapping consultants. The cost of the campaign in Libya is believed to be well over £200m so far - though that comes out of the government's 'contingency fund', which apparently explains the whole thing away.
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Why is corporate philanthropy being left out?
4 May 2011 - Alliance Magazine
I find it striking how rarely corporate philanthropy is talked about within the wider funding community. In discussions about funders working together – whether this is collaboration, co-funding or knowledge-sharing – companies are hardly mentioned. Corporate philanthropy representatives are few and far between at funding events, and many are unaware of the available funding literature and resources.
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Royal wedding gift fund benefits little-known charities
28 April 2011 - the Guardian
Princess Diana used her powerful celebrity to draw attention to what were perceived at the time as difficult social causes, from landmines to Aids. Now her son William and his bride, Kate Middleton, appear to be maintaining the tradition, potentially delivering a multimillion-pound windfall to a handful of mostly little-known and unfashionable charities via their wedding list.
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Applications soar, but the pot is shrinking
30 March 2011 - the Guardian
As local authority cuts bite deeper, charity fundraisers will inevitably scramble to find funding from as many sources as possible. Anecdotal evidence shows that trusts and foundations, are, unsurprisingly, experiencing a surge in applications.
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Save our sports: Campaigners say projects are value for money as budget cuts loom
17 March 2011 - The Daily Mail
Sports projects for teenagers must be saved from Government cuts, a group of athletes and youth leaders will say today. Cuts to sport and youth projects are 'a false economy', a report says. The authors believe the money saved from transforming the lives of young people through sports outweighs the cost of dealing with crime. Researchers found that sports projects are highly effective when it comes to tackling youth crime and anti-social behaviour and can save the Government money in the long run.
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British bankers could make the 'giving pledge' happen here
1 February 2011 - the Guardian
Last week Bill Gates was interviewed on BBC Radio 4's Today programme. The interview covered the role of philanthropy and the potential to eradicate polio in the near future. Gates talked a little about the 'giving pledge' he launched in 2010 together with Warren Buffett. Billionaires who sign up to the pledge commit to give away more than half their wealth to charity. The pledge describes itself as 'a moral commitment'.
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Bad timing has trapped charities needing a lifeline in this harsh financial climate
25 January 2011 - the Guardian
The government's £100m transition fund for charities facing statutory funding cuts closed for applications at the end of last week. Its desire to get this money out of the door quickly is laudable. Many charities are facing major threats to their services and need the money as soon as possible. However, the 21 January deadline was premature and many charities that could have benefited have lost out.
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