A Study about Financing Civil Society
Executive summary:~ Over the last five years, the financing of civil society organisations in the United Kingdom has become more sophisticated. In particular, the social investment market which supplies capital to these organisations has developed into a prototype market. However, as with any emerging market, there is a lack of clarity among the participants about the frameworks and parameters, even purpose, of the market place. In recent months, Venturesome has seen a growing number of additional voices calling for significant steps to be taken to build a strong social investment market.
This welcome advocacy appears, however, to be accompanied by confusion regarding the different models of civil society organisations, their social impact and expected financial returns1. Clarity is needed. These organisational models have varying financial needs. A supply of capital, comprising a range of financial instruments, is required across this broad spectrum of demand. Keep reading…
