Share

'Business as usual' for trusts and foundations, says Esmee Fairbairn chief

'Business as usual' for trusts and foundations, says Esmee Fairbairn chief
News

'Business as usual' for trusts and foundations, says Esmee Fairbairn chief

Fundraising | Celina Ribeiro | 11 Feb 2010

Trusts and foundations have lost between 20 and 30 per cent of their value, but there has not been a commensurate drop in grant making, argued the head of a top foundation.

Dawn Austwick, chief executive of the Esmee Fairbairn Foundation, told the Funding the Future conference in London yesterday that her own organisation maintained its grant-making throughout the downturn at around £26m per annum, and this year expects the value of its grants to remain at that level or higher.

“Trusts and foundations are open for business as usual,” she said, adding “but, we are not operating in usual times”.

But while trusts were proving more resilient than widely predicted, Austwick warned that the worst was yet to come for grant applicants as trusts and foundations will not be able to make up for the expected cuts to statutory funding.

More core funding

Austwick called for trusts and foundations to become funders of “free money” to the sector. She said that around half of Esmee Fairbairn Foundation’s grantmaking had been to fund core costs, and challenged other funders to move towards funding core costs over the next two to three years.

She also told charities at the Action Planning event to be prepared to report back more to their funders. “Foundations will increasingly ask ourselves about how effectively our money has been used,” she said.

 

Comments

[Cancel] | Reply to:

Close »

Community Standards

The civilsociety.co.uk community and comments board is intended as a platform for informed and civilised debate.

We hope to encourage a broad range of views, however, there are standards that we expect commentators to uphold. We reserve the right to delete or amend any comments that do not adhere to these standards.

We welcome:

  • Robust but respectful debate
  • Strongly held opinions
  • Intelligent relevant discussion
  • The sharing of relevant experiences
  • New participants

We will not publish:

  • Rude, threatening, offensive, obscene or abusive language, or links to such material
  • Links to commercial organisations or spam postings. The comments board is not an advertising platform
  • The posting of contact details for yourself or others
  • Comments intended for malicious purpose or mindless abuse
  • Comments purporting to be from another person or organisation under false pretences
  • Gratuitous criticism, commentary or self-promotion
  • Any material which breaches copyright or privacy laws, or could be considered libellous
  • The use of the comments board for the pursuit or extension of personal disputes

Be aware:

  • Views expressed on the comments board are left at users’ discretion and are in no way views held or supported by Civil Society Media
  • Comments left by others may not be accurate, do not rely on them as fact
  • You may be misunderstood - sarcasm and humour can easily be taken out of context, try to be clear

Please:

  • Enjoy the opportunity to express your opinion and respect the right of others to express theirs
  • Confine your remarks to issues rather than personalities

Together we can keep our community a polite, respectful and intelligent platform for discussion.

Free eNews

Children's centre numbers fell by 800 after almost £500m of cuts, says Barnardo's

22 May 2015

Almost a quarter of children’s centres across the UK have been forced to close or merge as a result...

Sexual abuse charity to close after being overwhelmed with inquiries

21 May 2015

A child sexual abuse charity is set to close after it was overwhelmed with inquiries following the publicity...

Charities are being driven out of business by pension schemes, CFG tells DWP

20 May 2015

Skills for Logistics, a sector skills council charity, was driven into liquidation by its pension scheme...

Think carefully before changing your name, says free guide to rebranding

22 May 2015

Charities considering changing their name must first find out exactly what their staff, beneficiaries...

Homeless shelter investigated over ‘significant private benefit’ payments

22 May 2015

The Charity Commission has opened a statutory inquiry into a Bristol-based shelter after concerns were...

Clic Sargent chief executive to retire at the end of the year

21 May 2015

Clic Sargent chief executive Lorraine Clifton, has announced that she will retire at the end of the year...

Marie Curie grows visitor time and donor numbers online by a quarter after digital relaunch

22 May 2015

Marie Curie set out to improve its use of digital after realising that it was “limiting its future”...

Amnesty trials virtual reality headsets for street fundraisers

21 May 2015

Amnesty International UK has given street fundraisers virtual reality headsets so they can show the public...

Review programme launched to help charity sector embrace digital technology

20 May 2015

A review programme has been launched by think tank NPC to assess how to improve access to digital technology...

Join the discussion

Twitter button

@CSFundraising