The group is comprised of senior foundation representatives drawn from across ACF's membership, who will meet 7 times over an 18 month period. The meetings, which will vary in format depending on the topic and desired content, will include presentation of evidence (by experts from within and beyond the foundation sector), small group discussions, whole group exercises and visits. The group's full terms of reference can be found here.
The members of the group are: Danielle Walker-Palmour, Friends Provident Foundation (group chair); Andrew Gibbs, Burdett Trust for Nursing/Junius S Morgan Benevolent Fund; Janie Oliver, Access Foundation; Joanna Heywood, Big Society Capital; Diana Sutton, Bell Foundation; Sian Ferguson, Ashden Trust, Mark Leonard Trust and JJ Charitable Trusts; Mark Bromley, The Hinrichsen Foundation; Matthew Cox, Esmée Fairbairn Foundation; Christine Oliver, Polden-Puckham Charitable Foundation; Helen Carter, Francis C. Scott Trusts; Jackie Turpin, Joseph Rowntree Charitable Trust; Navprit Rai, Trust for London; Jen Hooke, ThirtyPercy.
Meeting #1 (February 2019) - Introduction
The working group looking at Intentional Investing first met in February, chaired by Danielle Walker Palmour of Friends Provident Foundation. A round of introductions revealed a variety of approaches to investment, with the age of the foundation and its founding values being central to how foundations view and use their endowments.
Members discussed whether ‘intentional investing’ was the most appropriate title for the working group. ‘Mission-aligned investing’ was suggested as an alternative, but it was felt that this unhelpfully implied that investing should be seen as separate from (although linked to) mission. Another suggestion was ‘good investing’, or to hold off naming the group until further deliberations.
Some clear themes emerged that the group might address in future meetings. These included using foundation investments to challenge the status quo, the importance of a foundation’s time horizon and its consequences, and the public benefit requirement as a guiding principle.
These themes manifested in the questions that arose for the group to consider, ranging from constructing ethical portfolios to asking why more foundations are not currently viewing their investments through the lens of intentionality.
ACF will now work with the group’s chair Danielle to form a work plan for the next six meetings, inviting external expertise and critique to provoke, challenge and inform the group.
Below you will find a suggested reading list, which the working group identified and considered as part of its deliberations. If you would like to send suggestions to us, please do by emailing Max@acf.org.uk
- Intentional Investing (2015) ACF
- 'How can foundations ensure they are in good shape to pursue a long-term mission?' (2018) A write up of a panel discussion involving ACF and several members in Charity Finance
- 'Setting the Bar Higher' (2017) Danielle Walker-Palmour in ACF's Trust & Foundation News, p.32
- 'Hewlett Foundation's Leader Makes a Case Against Impact Investing' (2019) Larry Kramer in the Chronicle of Philanthropy
- Changing Attitudes to Ethical Investment? (2014) Charity Commission for England and Wales
- Charity Investments: Guidance and Good Practice (2018) Scottish Charity Regulator (section 5)
- Giving is not like investing (2019) Center for Effective Philanthropy
The innocent foundation
Application deadline 22 April 2019
We’re looking for a fabulous trustee to join the innocent foundation board. The right person will share our passion to win the fight against global hunger, and will be keen to help set our strategic direction and make great decisions about what we should fund.
London Marathon Charitable Trust
Application deadline 22 April 2019
Administrator to join our small and evolving team to support the Chief Grants Officer in her role providing company secretariat support to both The London Marathon Charitable Trust and London Marathon Events Limited. The administrator will also provide assistance for the administration of the day-to-day operations of The Trust, including finance, communications, HR and IT.
Friends Provident Foundation
Salary up to £25,000 pro rata
Application deadline 23 April 2019
We are seeking an experienced project manager to become our Grants Officer for one year. Working with our small, friendly team you will support relationships with the many organisations we currently fund. You will help assess proposals, review projects and maintain close links with our partners.
Sir John Cass's Foundation
Salary £45,000–£50,000, plus generous benefits
Application deadline 10:00, 24 April 2019
Sir John Cass’s Foundation is a major funder of education in London, funding progressive and innovative projects to enhance the education and stimulation of children and young people. Our innovative and creative approach is underpinned by over 250 years of history and tradition. The team at Sir John Cass’s Foundation is small and friendly. Some members are part-time and some functions are outsourced but we are always driven by our values: efficiency and professionalism, openness and transparency, consideration and innovation. The team is hard working and there are times when the team pulls together to deliver events and to meet deadlines.
Application deadline 25 April 2019
Buttle UK, the national childrens charity is looking to recruit a Head of Grant Development
The Triangle Trust 1949 Fund
Salary £36,000 per annum (£60,000 FTE)
Application deadline 25 April 2019
The Triangle Trust is a national grant-making charity, currently providing development grants to organisations working in the sectors of unpaid carers and rehabilitation of offenders. We are recruiting a new Director to lead and manage the Trust and its grants programmes. We are seeking a highly motivated, experienced grant-maker with senior level voluntary sector experience who can work with Trustees to develop the Trust's strategic direction. This is a 'hands on' role in a small organisation so you will need to be versatile, well organised and proficient in the use of IT.
Big Society Capital
Salary £100k Circa
Application deadline 28 April 2019
Our mission is to improve peoples’ lives, by connecting investment to the social enterprises and charities that make change happen. To achieve that mission, we connect and engage with people and organisations, building a social impact market as well as providing wholesale investment. We seek to build confidence and action on investment with front line social enterprises and charities. We engage co-investors to finance alongside us, including investors with both impact-first and finance-first motivations. We hire and develop the best talent in our organisation and in the intermediary investors in our network. And increasingly we engage development partners, who bring expertise and capacity to achieve both individual investment opportunities and system change to address priority social challenges.
The Schroder Foundation
Salary £28,000 - £33,000
Application deadline 29 April 2019
Do you thrive in a small and busy environment and enjoy a range of tasks and responsibilities? Are you interested in the role grant making has in supporting charitable work? If so, then you may be our new Grants Officer.
Help the Homeless
Salary £13-15k pa
Application deadline 30 April 2019
Help the Homeless is a small grant making charity that provides grants to charities with a remit of helping the homeless back into mainstream society. The trustees are seeking a Secretary to replace the existing incumbent who is retiring.
Application deadline 09:00, 30 April 2019
We are hiring a new senior researcher to join our team working on an ambitious programme of research and evaluation.