C. Hoare & Co.’s Post

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Each year, the partners of C. Hoare & Co. donate up to 10% of the bank’s profits to the Golden Bottle Trust (GBT), which makes grants to a wide range of charitable causes. The top 300 foundation grant-makers in the UK donated £3.7bn in 2021-22. Although the GBT’s contribution to this is comparatively small, the Hoare family believes it can play an important role through funding early-stage initiatives that prove a model; this allows larger resources to follow once the approach has been validated. An example of catalytic funding is the GBT’s support of Project Limitless, a charity set up to provide children with soft prosthetic limbs. The family could see how these custom designed limbs allow children to do so much more than is possible with standard NHS prosthetics and was delighted to be able to fund a ladder of pilot projects which allowed Project Limitless to demonstrate the success of their approach and scale activities accordingly. Find out more in our latest Golden Bottle Trust report: https://lnkd.in/etPSUZbU #ImpactInvesting #GoldenBottleTrust #Philanthropy #Collaboration #PositiveImpact #Totalportfolioimpact

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