The latest edition of the THA bulletin notes that a new range of Giving to Heritage workshops have been launched; ‘Social Investment in Heritage’ sessions are now available, tailored to the needs of the historic environment sector.
The Heritage Alliance (THA) writes:
The UK has witnessed an explosion on the social enterprise economy and the UK social investment market, worth over £200m, is growing by 20% per year. Ipsos Mori has estimated new social investment capital could be worth of £480 over the next 5 years. Much of this is expected come from an appetite for social investment amongst high net worth individuals who want their money to do good. There have also been significant social investment pools set up by Big Society Capital and others.
The heritage sector has tended to lag behind arts organisations in taking advantage of this valuable source of repayable funds, which sit between philanthropy and full investment. With social investment, the social return is equally important as the financial return. There are also significant tax advantages of taking up social investment loans.
The Alliance, supported by its new Heritage Lottery Fund grant for Giving to Heritage, has set up a series of practical, easy to follow workshops on how to apply for social investments funds. They will include training on: where to apply for funds, what types of funding are appropriate for different heritage organisations, how to develop the skills and organisational change to be ‘investment ready’ and how to develop the right fundraising/ social investment mix. As with all Giving to Heritage workshops, there will be a big heritage focus including relevant case studies.
The first workshops will be held on 27 September in London and on 1 November in Manchester. Workshops in other locations will follow in 2017. Each workshop will run between 10.00 and 16.30 and will cost just £20 per head. Details on how to book will be available shortly.
If you have any enquiries about the new social investment workshops, please contact The Heritage Alliance or register your interest by emailing firstname.lastname@example.org.
View more information on Giving to Heritage