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City Philanthropy

A Wealth of Opportunity

London Place-Based Giving Schemes raising millions of pounds to tackle poverty and inequality, new report shows

Jul 12th 2017

A ‘giving model for the 21st Century’ based on the premise that ‘everyone can give’ is galvanising London communities to come together to tackle poverty and inequality in their boroughs raising millions of pounds and mobilising thousands of volunteers.

Inspired by Islington Giving that has raised more than £5m and mobilised more than 4,000 volunteers in its borough  since its launch in 2010, the place-based giving  movement is now present or under discussion in 21 boroughs.

A new report by London’s Giving entitled ‘A Place to Give: London’s Place-Based Giving Movement in the Spotlight captures the ways and means of active Place-Based Giving Schemes (PBGSs) with the aim of spreading the movement right across the capital.

Clare Thomas, of London’s Giving, an initiative of London Funders and funded by The City of London Corporation’s charity, City Bridge Trust, says: “This new giving movement is defined by local need and the unique assets and challenges of each borough, so every giving initiative is different.

“It may include some or all of the elements of fundraising, grant making and volunteering but underpinning it is the opportunity for the whole community to participate in making the borough a better place to live and work.

“The objective is to identify and harness new money, skills and resources for the borough, find better solutions to local problems and help create a stronger sense of community by raising awareness of local issues and bringing people together.”

Between 2014 and 2016 alone five PBGSs in Islington, Hackney, Kensington & Chelsea, Kingston and Newham have raised over £4.3m and distributed over £3.5m to projects and organisations helping local people.

Alison Gowman, Chairman of the City of London Corporation’s City Bridge Trust committee, said: “With six new PBGSs launched in the past 12 months and another 10 in the pipeline there is huge potential to create new resources for Londoners.

“City Bridge Trust is committed to tackling disadvantage across the Capital and making London a fairer and better place to live.”

To download the report go to:

http://londonfunders.org.uk/sites/default/files/images/SME702%20London%20Funders%20%E2%80%93%20A%20Place%20to%20Give%20Report_AW01_WEB_LowRes.pdf

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