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For anyone struggling with how to diversify income and needing some help, this webinar series is for you. Proud to join the treasure trove of experts bringing you insights from fundraising, grants, government and more. Book your spots now! #benefolk #income #fundraising #partnerships

How do we diversify our income so that we're set up for financial sustainability? It's one of the most common requests that I come across. This is a fantastic series from Benefolk to explore the big income diversification questions. Looking forward to joining my fellow Benefolk specialists to help navigate this!

‘What Makes a Great Charity’? 😊 🏆📢 Here is what Jenny McGregor AM of The William Buckland Foundation had to say; The William Buckland Foundation has been funding Victorians in need since 1965. Our granting supports better housing, health, education and employment outcomes. We also fund initiatives that build resilience in rural and regional communities.  Our funding supports for-purpose sector leaders who work tirelessly to address wicked problems and advocate for a better future for all Australians. We believe in listening to our grant partners and anchoring the relationships in trust.   As a funder, we are seeing how charities are connecting and collaborating with others in their industry, in the for-purpose sector more broadly and across sectors engaging with innovators and policy makers. In an environment of growing complexity and finite resources, collaboration and connection are pre-requisites, and we are increasingly interested in funding co-ordination and system-wide work to address social and environmental challenges.  As investors we are building our impact investment portfolio so that our corpus also contributes more towards positive social and environmental outcomes. As trustees we are committed to transparency, to learning from our grant partners and peers and to supporting the growing impact of the philanthropic sector through support for umbrella bodies and networks.      READ THE VIEWS OF OTHERS IN THIS NATIONAL CONVERSATION https://lnkd.in/ggME_N7C #Nonprofit #WilliamBuckland #socialpurpose #Australianphilanthropy #greatcharity

Finally! After seven months of hard work, I’m super-proud to announce the release of our new report, Rising Tide: How Non-Profit and Philanthropic Investors Approach Responsible Investing. This report presents the results of what we think is the first survey of its kind: a detailed look at how Australian charities, non-profits, and philanthropic foundations approach responsible investing and impacting investing. Over the past decade, purpose-driven investors have increasingly embraced the concept and practice of responsible investing. Today, many view investment capital through the prism of its real-world impact. Some go further and deploy capital with the deliberate intention of generating additional positive impact for their organisation, society and the environment. This new report reveals just how seriously for-purpose investors take responsible investing, how they plan to grow their commitment to it and what challenges they face along the way. My team mates Chris Wilson, Farial Ameen and Will Beresford, have done a great job of bringing this survey to life and it’s my pleasure to share the fruits of their labour: https://lnkd.in/gpvSsEgw We’ve put a lot of effort into this, and we appreciate the effort put in by our partners and respondents. We really hope this report will shine a light on what is happening in this space and help people running for-purpose entities to work out what is right for them as they make important decisions about very important assets. There’s also a clear message in the report for investment advisers and fund managers looking to better serve charities, non-profits, and philanthropic foundations. #responsibleinvesting #impactinvesting #riaaconf #esg #nfp #philanthropy #forpurpose Koda Capital

If you'd like to have more impact, offer unrestricted funding to high impact small charities - see our 2023/24 impact report for more details. Unrestricted funding can feel like a leap in the dark for donors but when a charity has a great strategic plan and can tell what they hope the funding will unlock, it shifts from feeling risky to feeling like an investment. A potentially catalytic investment ! #socialimpact #catalyticphilanthropy #smallcharities #skilledvolunteering #socialentrepreneurswhoarechangingtheworld

Upkar Arora CEO Of Rally Assets Rally Philanthropy is an educational foundation, formed and initially funded by Upkar Arora, CEO of Rally Assets. Through Rally Philanthropy, our goal is to partner with other charitable organizations, nonprofits and other organizations to conduct and deliver research, education and training on impact investing. We set up Rally Philanthropy to advance education in the areas of responsible investing, impact investing, social finance, social entrepreneurship, conscious capitalism, and community development. With a commitment to the public good, we share the work widely so that it benefits large audiences and multiple stakeholders. Rally Philanthropy is a registered charity (734407315 RR0001), having been granted charitable status by the Canada Revenue Agency in September 2019. Rally Assets has committed to donating up to 5% of its profits, on a rolling three-year basis, to support and further the impact investing sector, either directly or through a donation to the foundation. #SustainableFinance #SFWF2024 #GreenEconomy #FinancialInnovation #Sustainability #InclusiveGrowth #FutureOfFinance #GlobalImpact #EcoFinance #FinanceForGood

We, along with many others, have been struck and saddened by the closure of Children England, and then, hot on its heels, the very sudden announcement about the closure of The House of St Barnabas. In the ever-evolving landscape of the charity sector, facing challenges head-on and adapting to change isn't just an option—it's a necessity. 💡 Buckle up, because the latest blog post in a series focused on exploring options and alternatives for charities during crisis and opportunity, is out 🌟 Chris Theobald delves into the resilience and creativity of organisations like Tech Nation and reflects on the legacy of Children England, illustrating the sector's dynamic response to adversity. It’s not all high-fives and victory laps – there are real, gritty decisions being made behind the scenes. 🤔 Here's some food for thought: 💬Diversifying income: Is it an art, a science, or a bit of both? 💬Staying relevant: How do you tweak the sails when the wind changes direction? 💬Legacy and change: Can you teach the proverbial 'old dog new tricks' and still keep the soul of the mission alive? We're peeling back the curtain to reveal the stark reality of navigating these choppy waters. So, if you’re in the charity world or just a curious bystander, this is your backstage pass to the show of resilience and innovation that keeps the sector thriving. We invite you to reflect with us on the following questions: 1. How can your organisation diversify income without diluting its core mission? 2. What steps can be taken to ensure operational models remain relevant and impactful? 3. In what ways can the legacy of past successes inform future strategies? 👉Please share your thoughts, ideas and experiences in the comments below. #Charity #Innovation #Resilience #Impact #Adaptation #Closure #OptionsAnalysis #reimagine https://bit.ly/3uFs3wZ

The High Cost of Trustworthiness in the Nonprofit Sector Mitchell and Calabrese (2023) conducted a groundbreaking analysis of the 990s from thousands of public charities, revealing the stark contrast between program spending versus overhead costs (such as staff salaries, fundraising expenses, rent, and office supplies). In a sector built on trust, the belief that charities should operate on a shoestring budget and minimize overhead remains deeply ingrained. However, this approach comes with a surprising cost. Charities that kept overhead spending low sacrificed nearly 50% of their mission impact over a 10-year period, which illustrates a failure of vision and plenty of blame to go around. Board members play a pivotal role in challenging this outdated mindset and reshaping the narrative: Old Narrative: "Low overhead = good nonprofit," a view that often undermines investments in organizational capacity. New Perspective: Investing in strategic overhead is critical for achieving stronger mission outcomes, driving long-term impact, and ensuring organizational sustainability. Do you agree or disagree? *Mitchell, G. E., & Calabrese, T. D. (2023). The Hidden Cost of Trustworthiness. Nonprofit and Voluntary Sector Quarterly, 52(2).

Canadian philanthropic foundations have seen impressive growth, with assets almost tripling since 2008 to reach $135 billion in 2021. This rise is driven by strong financial markets and major contributions from foundations. The number of private foundations has also grown by 30%, thanks to wealth gains and favorable tax changes. From 2018 to 2021, grants from private foundations jumped by 72%, and public foundations by 23%, mainly supporting education, healthcare, and social services. Despite this, most foundations haven't adopted socially responsible investing, with less than 40% using social investment strategies. Check out the full article for more insights on the new landscape: https://lnkd.in/gpPV3P6h Gabe Oatley is Future of Good’s editorial fellow on transforming funding models. This independent journalism is supported by MakeWay and the Waterloo Region Community Foundation. #philanthropy #futureofgood #nonprofits #charity #impactinvestment #foundations #grantmaking #socialimpact #canada #financialgrowth #wealthmanagement #socialgood #educationfunding #healthcare #volunteering #charitablegiving #socialresponsibility #nonprofits #fundraising #donations #communityimpact

The traditional philanthropy funding model is broken. Here are three reasons why: 🛠️ High dependence on small-scale fundraising efforts (e.g., sausage sizzles, fun-runs). These place huge administrative and marketing burdens to raise only a tiny percentage compared to the philanthropic capital available from institutions, HNWIs, and structured giving programs. 💰 Reliance on high-cost financial advisors to manage philanthropic capital. These advisors often charge excessive fees relative to charitable distributions, and their "approved product lists" frequently include non-socially responsible and non-ethical options. 🔗 Lack of coordination in fundraising and financial management among the largest philanthropists and charities. This leads to wasted resources and missed opportunities for synergy that could scale societal-wide impact. 💡 Here’s where visionaries like Gary Scallan from Future Australian Impact Foundation (FAIF) step in. Tired of the traditional philanthropic model—especially around capital management—he’s determined to flip it on its head with innovative, simple solutions. 📈 Here’s one example I love: If ~70% of $1M in donated funds were invested, you'd recover the original capital in 5 years (assuming ~7.5% fixed income returns), allowing another ~30% to be donated. This cycle continues, multiplying funding while preserving the original capital. There’s much more of this thinking to come from FAIF and Samach Private Wealth! Looking forward to leveraging Wholesum's capabilities with our SME credit fund fixed income solutions for the philanthropy sector. #Philanthropy #ImpactInvesting #ResponsibleFinance #SocialImpact #InnovativeGiving