| Work | Social Economy - all things social investment & community shares | Live | #Salford | All views my own |#socinv #comshares #socent
The North West. London a bit
Joined May 2013
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Ged Devlin retweeted
Peter Alexander Jobson in session with Riley & Coe Tomorrow Wed 20.11.24 from 9pm x Get Some x Love Pete xx
Links to my music: peteralexanderjobson.co.uk/
Not seen a lot of coverage in the sector press on this, but just know @Hargraver would have had an angle! 👇🏻
Naomi Campbell banned from being charity trustee theguardian.com/fashion/2024…
Ged Devlin retweeted
'Halifax isn’t necessarily the most affluent area, and on paper this should just not work. But that’s why economists don’t organise live music events.' Could have been a car park. Thankfully it isn't @ThePieceHall. theguardian.com/uk-news/arti…
The @KeyFund 2023 / 2024 Impact report is here - stats and figures behind Key Fund’s investments, as well as the people making a difference in their communities
#socinv combinestudio.dev/key-fund/
Working with partners @KeyFund @TheSocialInvest & @resonanceltd we’ve been working on delivering the £300m fund improving local youth facilities across the country
Captain Tom’s daughter and her husband banned from being charity trustees theguardian.com/uk-news/arti…
The Charity Commission statement;
“As a fair, independent and evidence-led regulator, we only disqualify someone from serving as a trustee or a senior manager in a charity when the evidence gathered means it is proportionate and lawful to do so…..
Ged Devlin retweeted
Guardian reporting that Captain Tom's daughter has been banned from being a charity trustee.
Good moment to re-up this 3.5 years ago. It was trade press, as so often, which ignored the fawning and saw the failures.
civilsociety.co.uk/news/capt…
Q: Captain Tom Foundation: Why is there no decision on charity?
A: quite normal for complex or high-profile statutory inquiries to take longer than 2 years bbc.co.uk/news/articles/cxxx…
See also @nicktemple1 ‘s take here 👇🏻
I think it’s a great point on how @TheSocialInvest (and others) have used existing schemes to get cash to social enterprises, such as the government's guarantee scheme
Just got around to looking at the Social Investment Tax Relief stats from last year ( ‘22 - ‘23 )
Seems as it was getting towards the end (closure of the scheme was in Apr ‘23) the amounts and number of orgs raising £££ was pretty consistent
c. 40 orgs p/a raising £5m - £6m
I think predicting it would be “worth £500m over 5 years” - which were some of the numbers thrown around was always a lot.
Performing as it does (£5m p/a to 40 orgs) means it’s not too dissimilar to what many CDFIs do