Funding development
November 2008
Emilie Goodall reviews the various capital funding options available with some examples of these in action...
Charities (which in this article covers the wider range of organisations with a social purpose) are reliant on grants, donations and trading income to finance their dayto- day activities. But more often than not this is just enough to cover activities, leaving little surplus to hold in reserves. This lack of capital is a critical weakness in the sector, for three key reasons:
Author: Emilie Goodall
Emilie Goodall joined Venturesome as an investment manager in 2007, from New Philanthropy Capital, where she authored several reports for donors on strategies for tackling social issues.
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