More than £6bn worth of open data released in last quarter of 2017

Seven more grantmakers have joined the #GreaterGrantsData movement by publishing their data to the 360Giving Standard, bringing the total value of open data to more than £17bn.

It includes a major milestone – for the first time central government data has been released from the Department for Transport and the Ministry of Justice to a value of £4bn. The government issued a statement confirming the data release.

Sport England, which is delivering the government’s strategy for a more active nation, receiving funding from the Exchequer and the National Lottery, has also published more than £2bn worth of data on more than 15,000 grants going back to 2009.

Allison Savich, Sport England Strategic Lead on Data & Market Innovation, says the move demonstrates their commitment “to open data for the longevity and success of our sector”.

“Open data has been shown to spark innovation and we are excited about the prospect of others accessing and using our grant data to make more informed decisions as well as helping organisations seeking funding to make more targeted applications for the benefit of getting people active,” she says. You can read more about Sport England’s engagement with 360Giving here.

The Robertson Trust, the largest independent trust in Scotland that is working to realise the potential of people and communities there, has released data on more than 1,500 grants worth more than £43m going back to 2015.

Lesley Macdonald, Head of Giving at the trust, said: “The Robertson Trust is committed to supporting increased transparency in grantmaking and we are pleased to make our own data available on 360Giving.

“By sharing grant information in a standardised way, funders are not only helping those seeking funding, but also increasing their own potential to target resources more effectively based on comprehensive data of the current funding landscape.

“In order to maximise this potential we feel it’s important that as many organisations as possible, both charitable foundations and statutory funders, sign up to the 360Giving Standard.”

Lankelly Chase, the foundation working for long lasting solutions to social disadvantage, has released data on 167 grants worth more than £12m going back to 2014.

Oliver French, Programme Manager for Equalities and Rights, says in his blog: “For all that we might talk about our strategy development and our emerging work as a foundation which sees itself as an active partner rather than ‘just’ a funder, we recognise that where our money goes is probably the simplest signal of what we’re up to. So we’re happy and interested to make this information as open as possible.”

Somerset Community Foundation joins several other community foundations by releasing data on 225 grants worth almost £0.5m between 2014 and October 2017.

Justin Sargent, the foundation’s Chief Executive, says: “Somerset Community Foundation creates vibrant and inclusive communities by supporting the vitally important work of local charities and voluntary groups within Somerset through grantmaking. We are delighted to join the 360Giving initiative, which provides a great way of sharing information to both donors and applicants about the opportunities that are available in our county and beyond.”

Oxford City Council, the second UK city council to release data using the 360Giving Standard, has shared 105 grants worth over £1 million going back to 2014.

David Growcott, Communities Team Manager, says: “Oxford City Council is committed to transparency in its grant making process and sharing data in a standard format is an excellent way to do this. We hope it will also help organisations to target their applications more effectively.”

All the data published can be explored in GrantNav, alongside data from over 60 other funders.

If you’d like to publish your grants data we can support you every step of the way. Get in touch by emailing support@threesixtygiving.org.

Posted in News & Updates

More data, more use, more answers

2017 ended on a high note for 360Giving with a UK first. Following the sharing of over £4 billion worth of grants data by two government departments – the Ministry of Justice and the Department for Transport – for the first time ever in the UK it’s possible to compare government grants with those made by local authorities and charitable trusts and foundations. You can do this in three clicks using our GrantNav platform.

When 360Giving was founded just over two years ago, I thought I would have to do a lot of arm-twisting to get people on board with sharing their data. But it’s been more of a hand-shaking exercise – the funders we have talked to understand the benefit of building the bigger picture of UK grantmaking.

We set ourselves the goal of opening up 80% of UK grants data by 2020. We called this a “moonshot” goal, because at the time it seemed rather ambitious and we weren’t confident that organisations would engage with us.

We were wrong. There are now over 60 funders sharing £17 billion worth of grants data in the open, comparable format we’ve developed. As you might expect the list includes large, well-known funders but also the full range of grantmakers including community foundations, local authorities, lottery funders and charitable trusts – demonstrating that any type of funder can share their data; and that lots of them want to.

But there are some challenges for 2018 if we want to reach our 2020 goal.

  1. More data: We would love more lottery funders to follow Big Lottery’s and Sport England’s lead by sharing their data. We will be reaching out to them over the comings onths to find out how we can help them open up their data and to talk through any practical issues or concerns they may have.

  2. More data use: We need to better understand the potential of the data and the different ways it can be used and improved. This means using the data more. Building on our pilot project in Manchester last year, we plan to run another two pilots in 2018, working with like-minded funders to help them identify and address shared issues. We’ve already started a project with the UK Community Foundations and look forward to working with other funder networks in the West Midlands, Scotland and the North East.

  3. More answers: We’re going to launch the second part of our Challenge Fund this year to see how open data can provide answers to the sectors’ burning issues. We’ve already received some great suggestions as part of our Quest for Questions challenge, when we invited you to tell us the questions you need answering. (You can contribute your questions until January 31st by clicking here.) We’ll be selecting three to focus on in 2018, looking at how open data can provide answers to them. If you’d like to work with us to help answer them then contact our Labs & Learning Manager, Mor Rubinstein: labs@threesixtygiving.org

 

Another big buzz in 2017 was seeing the hike in the number of people using the 360Giving dataset as it grew richer. This includes the number of people using the Beehive Giving platform that matches grantseekers with grant makers; funders using the data when reviewing their strategy; data analysts using it to look at funding to a particular place such as Bath, Birmingham or Manchester; and developers using it in visualisations. The series of data expeditions we ran in 2017 were fun and informative. From them we learned how you want to use the data and what we can and can’t do with it. We will be running more expeditions in 2018 so look out for them.

There is some way to go on our journey towards transparency and true understanding of how the UK funds the charitable sector and we need you on board to help us get there.

If you’re a funder and you haven’t shared your data yet, get in touch and find out how easy it is and how we can support you. And those of you already on board, come and join us at our regular Data Surgeries where you can share experiences and ideas with colleagues over tea and cake. The next one is on 12th January, so there is just time to sign up if you’re quick!

We’re proud of what we have achieved over the past two years and look forward to seeing how open data can help transform the sector in 2018 and beyond.

Posted in Blog

Challenge Fund – seven weeks in

Seven weeks ago we announced our Quest for Questions as part of our new Challenge Fund project. We have been pleased to discover that there are so many aspects of grantmaking that open data can help understand and advance. Thanks to your engagement, we now have over 20 questions to choose from and we hope you’ll keep them coming. With such a good selection of questions, we can already tell that choosing the ones we want to answer will be a daunting task.

So far, the issues you would like us to explore focus on three main themes: geographical location of grants; types and diversity of organisations that receive grants; and the scope of grantmaking activity.

Geographical mapping of grantmaking has always been a popular topic, and its something we’ve been asked about since the day we launched 360Giving. Some questions focus on identifying the gaps in funding at local authority level, or designing an interactive map that uses 360Giving data to determine what areas receive place-based support. Answering these questions could enable grantmakers to target geographical areas more strategically, working in places with persistently low levels of funding. One question asks whether a decrease in grant funding in a certain area might be an indicator of the health of the voluntary, community and social enterprise sector in that area in general. Perhaps the mapping of grants could provide new insights when trying to diagnose challenges in a specific place?

There have been a few questions regarding the types of organisations that receive grants – for instance, whether the money goes to universities, faith groups, community interest companies or capital projects rather than charities in general. One of the questions suggests we investigate the link between the volume and distribution of smaller grants and the level of community activity in a place in order to determine where support is needed the most. Funding trends are mentioned in quite a few of the questions, including a request to explore the correlation between funding certain issues with public cuts in services. Discovering the most and the least funded causes would enable grantmakers to make more targeted investments.

Other questions focus on issues including funder collaboration networks; the amount of funding going directly to the implementing organisation rather than through intermediaries; the success rate of applications; and the number of funders providing non-financial support in addition to grants. We were also pleased to see questions about funders themselves, such as how many of them publish the data and insight-rich information contained in their grantee reports and what are the stories behind those numbers. Do they contain insights that might be useful for others working in the same field?

360Giving Forum, you can submit your questions under the Quest For Questions category

Our Quest for Questions is proving to be an interesting exercise and has sparked lots of ideas for how 360Giving data could be deployed. We look forward to receiving more questions – our quest runs until the end of January. We invite everyone working in the charitable funding sector – whether you are a grantmaker, grant seeker, researcher or technical expert – to share your questions with us on our forum or tweet it to @360Giving.

Tell us about the why, what, where, when and how of the challenges you face and that data would help solve. What do we need to know so we can help support and enhance the sector?

Posted in Blog, News & Updates

#LocalCharitiesDay 2017 – A quick dive into local giving

Posted in Blog

Keeping it local – why I’m sponsoring a bicycle this Christmas

Today is local charities day, giving us a chance to acknowledge and celebrate all the important work that charities do in their communities throughout the UK.

Local charities by their nature tend to be small, and we know that small charities have had a tough time recently, with the government’s shift to issuing more contracts hitting small charities particularly hard, coupled with a decline in trust in charities in general. But it’s not all bad news. Recent analysis by NCVO found that one in four people are volunteering every month – many in their local community – and people continue to give generously to local causes.

So what does 360Giving data tell us about local charities? I found two interesting facts and a great example of collaboration for a local charity I care about.

Fact #1: Most of the biggest grantmakers are funding small, local charities

You might think that big funders like the Big Lottery, Children in Need, City Bridge Trust, Comic Relief, Esmée Fairbairn, Henry Smith and Lloyds Bank – who between them give away £805 million each year – would be doing this in nice big chunks. Well, you’d be wrong. They’re giving lots of grants of less than £10,000 to local charities throughout the UK, either directly or in the case of Comic Relief, via the network of 48 UK Community Foundations. These visualisations by our Labs and Learning Manager Mor Rubinstein, show how many grants seven community foundations have made to local charities in 2013-2016. With more community foundations due to share their data with us in 2018, we’ll be able to build a more comprehensive picture of funding to local charities throughout the UK. We also had a look at the work SCVO is doing in Scotland with local charities and the size of the organisations they’re supporting.

Fact #2: Most UK charities are small and working with their local community

We know from NCVO’s number crunching for its Civil Society Almanac that there are over 165,00 voluntary organisations in the UK and most of them are small. We wanted to see if these organisations are also captured in 360Giving data. The answer is yes! There are grants for over 100,00 different organisations included in the data, meaning we have information on the sector that reflects the sector. And because we have data on exactly who these organisations are (their registration number, location, etc.) it’s easy to look them up and find out more about what they’re working on, where and with which communities. Check out GrantNav, where you can search 360Giving data by themes and regions and see what funding is being provided to causes you care about.

And the bicycle? When doing this research, I looked up a local charity that I care about, called the Bike Project. They take second-hand bikes, fix them up and give them to refugees in London. When I searched our dataset, I found seven grants from six different funders totalling £266k. And because the grants have descriptions, I can see what they’re for and how they complement one another. Together, this data tells a nice story about a charity working with a specific community. This example highlights why open data is so useful. It took me less than one minute to find this information, it was interesting and its inspired me to support them. This year, my brother’s Christmas present is going to be a sponsored bike.

What questions do you have about funding to local charities? Join our Quest for Questions and tell us what you’d like to know – so that on local charities day in 2018 we’ll have even more interesting facts to share.

Happy #LocalCharitiesDay!


For information about volunteering in your community, visit the NCVO website: https://www.ncvo.org.uk/ncvo-volunteering

Looking for ways to donate to a local cause? Then check out Local Giving, The Big Give or find out what your local community foundation is doing in your area and how you can support them.

Posted in Blog

Let’s ask more of grantmaking and not settle for the status quo

This blog was originally published by Alliance Magazine on November 27, 2017.

Philanthropist Fran Perrin, founder and director of 360Giving, the charity opening up UK grantmaking data, explains why they are launching a Quest for Questions as part of a new Challenge Fund – an open call to the sector to share questions on how data can improve the impact of grantmaking.

Fran Perrin, founder of the Indigo Trust and 360Giving

Questions can change the world.

Space travel, stem cell engineering, the internet and all of man’s great scientific breakthroughs since the wheel started from challenging the status quo and asking ‘what if?’.

Questions are powerful catalysts of change.
When I first began grantmaking I had lots of questions about where I should start. I wanted to know how I could do as much good as possible with my money – who was already being funded?, and how much was going to which causes? – so I could target my money with maximum impact. I trawled the internet but the answers were not easily found. I realised the sector was funding in the dark. And I questioned why that information didn’t exist and ‘what if’ it did.

It was the inspiration to launch 360Giving, which has created a standard format for releasing data so funders can publish their grantmaking information in one place and in a way we can compare and share it. The aim is to transform the way we all fund by basing it on hard evidence, so it is more informed, strategic and ultimately impactful. Since the launch of 360Giving in 2015, more than 60 of the UK’s leading grantmakers are now sharing information on more than £10bn worth of funding. New platforms such as GrantNav and Beehive are being created so the data can be accessed easily by anyone. They can see who funds what they do and perhaps more importantly what isn’t being funded, and grantseekers can find out who is already funding organisations like them that makes it easier and quicker for them to find the funders who might support them. We are already starting to see where the funding cold spots are and if the money follows the areas of most need and where there are patterns and trends.

Change is happening

The data is saving organisations time and money. But the potential for what this data can do in conjunction with other datasets is huge. It has the ability to transform grantmaking and ramp up its value manifold. How do we get there? It’s time to ask more questions. Which is why we are launching the 360Giving Challenge Fund – Quest for Questions.

We are calling for questions that might help billions of pounds worth of grantmaking to work even harder. Tell us what you need to know so we can use data to provide the answers. We are inviting you all – grantmakers, seekers, researchers, technical experts – to share your questions with us.
From today until 31st January 2018, we want you to share with us what you need to know to help you do what you do better. We will then work in partnership with the sector to answer these questions using 360Giving data and the many other data sets that are now freely available.
We believe innovation and improvement comes from a place of curiosity and reflection. In order to make data useful for decision making and policy in the grantmaking sector, we need to reflect together and come up with questions. This is the first step in an exciting journey to turn data into insight and create a great knowledge base for the UK grantmaking community in years to come.

How can you participate? Good question!

Think of a question that you would like us to tackle around better grantmaking.
Post your question on our forum under the Quest for Questions category.
Or tweet it to @360Giving using the #Q4Qs.
Participate in person in our regular Data Surgeries – the next one is on 11th December.

Want to know more? Need help with coming up with a question? Visit the Challenge Fund webpage or tweet us @360Giving using #Q4Qs.

Posted in Blog, News & Updates

10 more funders share data to the 360Giving Standard highlighting diversity of support for open grantmaking

Since the end of September, 10 more grantmakers have joined the #greatergrantsdata movement by publishing their data to the 360Giving Standard, taking the total value of UK grants now openly available to almost £11bn.

An additional £215m worth of grants data has been shared by a diverse range of funders including local councils, a community foundation, a corporate foundation, two large and well established grantmakers – the Henry Smith Charity and the Joseph Rowntree Foundation – as well as a smaller funder the Tuixen Foundation and a housing trust.

These funders are sharing their information with the common aim of raising the bar on grantmaking for everyone and to improve their own transparency.

Helen Robinson, Community Grants Officer at the Joseph Rowntree Foundation, which is working to inspire social change through research, policy and practice, says: “We are very pleased to join the 360Giving initiative. We see this as a great opportunity to help build a better picture of what funding opportunities are available in York, both for funders and potential applicants.”

Katherine Pitt, Commissioning Officer at Southwark Council that has released data on more than £4.5m worth of grants, says: “We want to be as open and transparent as possible about the grants we give to our local voluntary and community sector. 360Giving has given us an easy way to do so. Getting our data published was much more straightforward than we expected. We hope that other grant givers in Southwark will do likewise, so the picture will be complete.”

Jon Hill, Transparency & Open Data Officer at Barnet Council that has started by publishing around £200k worth of grants, says: “London Borough of Barnet wants to be at the forefront of local government Open Data and Transparency. Engaging with third party organisations and developers who want to work with our data is an integral part of sustaining this. We are very grateful for the opportunity to collaborate with 360Giving in order to add value to our data and contribute to creating a valuable tool for more effective grantmaking.”

Birmingham City Council is sharing three years’ worth of data totalling more than £35m, for grants made between April 2014 and March 2017.

London Councils, that represents London’s 32 borough councils and the City of London, is a cross-party organisation that works on behalf of all of its member authorities regardless of political persuasion. It makes grants to fund voluntary action in the capital through a joint scheme that currently has four priorities – homelessness, sexual and domestic violence, tackling poverty and supporting London’s voluntary and community organisations. Details of 13 of these grants made in February 2017 worth more than £24m have now been published.

Alongside local authority money we are also seeing other local funders wanting to share where they are making a difference.

The Co-operative Group, which gives to local causes through its Local Community Fund, has now published more than £9.5m worth of data representing the first 4,000 grants it has made from the fund.
“We want to be open about where our members’ money is going and let others see the projects that Co-op members have supported. This is our first step into open data publishing and shows our commitment to co-operative values and principles. Together with the work that 360Giving does, we hope to encourage co-operation between grant awarding bodies,” says David Luckin, Community Insight & Propositions Lead.

Also providing community support, Wiltshire Community Foundation, the seventh community foundation to publish to the 360Giving Standard, is now sharing information on more than £1.6m of grants awarded between 2015 and 2017.

Trafford Housing Trust, an independent profit for purpose housing company providing around 9,000 affordable homes within the Trafford area of Manchester, has published information on more than 500 grants made between April 2014 and October 2017 worth more than £2m.

One of the UK’s biggest funders by levels of grantmaking, the Henry Smith Charity, has now published more than £131m worth of data on nearly 3,000 grants made between January 2012 and March 2017. The charity’s ambition is to bring about lasting change to people’s lives helping them to benefit from and contribute to society. In 2016, it gave £28m to organisations that work with people to reduce social and economic disadvantage.

The Tuixen Foundation is also working to provide opportunities for disadvantaged people to fulfil their potential. It has published data on grants worth more than £6.3m made between 2010 and September 2017.

The total number of funders publishing their grantmaking data to the 360Giving Standard is now 62. If you would like to join them in pursuit of building the bigger picture of grantmaking in the UK email Katherine Duerden, Partnerships and Engagement Manager via support@threesixtygiving.org.

 

 

Posted in News & Updates

What we learned at Open Data Camp and Mozfest and why it is relevant for Grantmaking

October was a busy month for data and tech events for 360Giving! On the weekend of 21-22 October, I attended my first Open Data Camp in Belfast. The following week I attended Mozfest, the annual festival of Mozilla, the parent company of the browser Firefox. Taking place in London and bringing people from all over the world, Mozfest focused on the free internet. This is what I learned.

Credit: Giuseppe Sollazzo

 

Open Data Camp

For those of you who are not familiar with it, Open Data Camp UK is an event where open data practitioners meet to discuss, network and learn about open data in an unconference way. Yes, I said “un-conference”. What does that involve? It’s an interactive way to share learnings. Instead of panels and a fixed schedule, participants decide the agenda on the day and host their own sessions.

It was great to see the vibe and critical thinking of the UK community around open data. Furthermore, it was great to see the enthusiasm of the open data community in Northern Ireland and how so many people – from students to government employees and the charity sector – are there to promote and discuss open data. I’ve not seen much government participation in un-conferences before as they’re so informal, so I was pleased to see so many people from the Northern Ireland government organising it!

Key takeaways from Open Data Camp:

  1.    Data use is a hot topic – Using data is still not easy for a lot of people. There are barriers we need to tackle to help more people to actually use data and use it well. I was very excited to see some practical guidance like the ‘Getting More Value out of Open Data Publishing’ document that was created during the event, helping us to share knowledge and experiences of how to make sure that data that is published is actually used. If you want to learn more about data use and how we approach it here at 360Giving, check out my previous blog about it.
  2.   NICVA is doing some great work with data – Andrea Thornbury from NICVA (Northern Ireland Council for Voluntary Action) presented some of their work of Detail Data. It was inspiring to see how data can help charities to achieve better project planning and in some cases even funding.
  3.  It’s time to refresh some old open data definitions – If we want more people to use and publish open data, we need to re-write some of our data definitions in a relatable manner, so everyone can understand them. Some of these definitions, like machine readable format, are not even clear to the most savvy people in the open data community. The Open Data Handbook has some good definitions, but maybe we need a collective effort to refresh some of them?

 

Credit: Mozilla Festival

Mozfest

Mozfest is a festival that celebrates the freedom of the internet and brings together people from different communities to learn and collaborate about different topics like diversity, inclusivity and web literacy. Open data is one of many topics that was discussed as a catalyst for a better internet. While Mozfest is quite tech oriented, here are some takeaways that are relevant for the grantmaking community.

Key takeaways from Mozfest:

  1.    Teaching tech literacy through games: Games can be an easy and fun way to learn about data. I learned about BetaNYC’s open data card game that teaches about the open 311 standards (the standard the is used for a service call to the local council or FixMyStreet). I also learned how games can help to research Alzheimer’s. Maybe games can help us do better grantmaking?
  2.    Glossaries for better literacy: Brendan from 18F, the US equivalent of the UK Government Digital Service, showcased an FBI project around crime data. One of the tools they used to help people to understand the project was this glossary, which looks like it could be a good addition to our GrantNav platform.
  3.    Network cantered resources: This session focused on how to create better resources for knowledge sharing within a network of practice. This made me think about what’s needed for our community and how we can we create them together. If you have some ideas, please let me know!

If you want to discuss any of the points above further, please send me an email labs@threesixtygiving.org

 

Posted in Blog

360Giving calls on government to open up its grantmaking data to achieve new ‘joined up’ charities strategy

The government has announced plans to develop a new civil society strategy. It could take a giant leap forward by opening up all its grantmaking data, says 360Giving.

Will Perrin, co-founder of 360Giving, said:

“It’s fantastic that the government is aiming for a joined up approach to the way Whitehall works with charities. Tracey Crouch is an effective operator and she can pull it off. For a quick start the government should publish the Cabinet Office database of all government grants as open data with as much detail as possible. Then, through tools like GrantNav the government can see all its own work on one screen and compare to the sector’s own grantmaking. Without comparable data joining up is a nightmare.”

The new strategy will aim to coordinate and improve how public sector bodies interact with the charity sector. Tracey Crouch, Minister for Civil Society, says it is not about finding new funding for charities but making better use of the resources the government already has available.

Rachel Rank, CEO of 360Giving and member of the Charity Commission Digital Advisory Group, said:

“We welcome this announcement by the Minister and encourage her to start by looking at what data is collected about charities across government. Data is an asset that it has at its fingertips and if opened up has the power to transform grantmaking and how charities and government can work together. Charities are often asked to submit the same information by different government agencies, in different formats and at different times of the year. Not all of this information is made publicly available or it is locked away in PDFs.”

“Developing a more coordinated and data-savvy approach to engaging with charities will not only reduce the reporting burden on charities themselves, but it will save the government time and money and ensure they are receiving the same information and in a consistent way. This makes the information easier to access and use helping us gain a better understanding of the true size and scale of the sector and all the important work it does.”

More than 60 of the UK’s leading grantmakers are now sharing more than £10bn worth of data on who, where and what they fund using the 360Giving open data standard that means the information can be shared and compared.

Among those publishing their information to the 360Giving Standard are the Big Lottery Fund, BBC Children in Need, Comic Relief, Esmée Fairbairn Foundation, Henry Smith Charity, Lloyds Bank Foundation, Paul Hamlyn Foundation, Tudor Trust and the Wolfson Foundation. The 360Giving Standard is also in use at a local level including several community foundations, local authorities and housing trusts.

Read the Minister’s statement in full here.

Posted in News & Updates

Foundations’ most valuable assets include data

Professor Cathy Pharoah, CASS Business School

Philanthropic foundation spending reached almost £3 billion in 2015/16, its highest level ever according to the latest Foundation Giving Trends[1]. And with the value of foundation investments hitting a record £60 billion, public expectations of what foundations can do with their money are also running high. Private grant-making is equal to around 43% of the government funds channelled through civil society, and is attracting a wave of reviews of how foundations could make an even bigger difference by spending more, better or differently. Most of the debate, however, is occurring in a relative data vacuum. Competing ideas from all-comers on ideal giving strategies and subjects jostle for space in a growing free-for-all, while the rich information on spending which could inform debate remains fragmented, and inconsistently presented in individual annual reports. Initiatives like 360Giving are attempting to address this information gap by establishing a standard way of releasing data that allows grantmakers to share information about their funding in an open and comparable way. In turn, this has led to the creation of searchable platforms such as GrantNav and Beehive, making it easier for non-experts to also use the data

Grant-makers are facing unprecedented levels of need and demand, as government budgets suffer the cumulative effect of annual reductions, and average disposable household income sees its tightest squeeze for five years (Office for National Statistics, July 2017). This means that strategic thinking about the priorities which will ultimately determine foundations’ social impact is crucial. This year’s Foundation Giving Trends shows some ways in which foundations are addressing calls on resources. Many draw on total capital return from investments as well as annual incomes to fund spending. Some use finance in new ways to achieve certain social purposes, with at least 10% of the top philanthropic foundations making social investments. A new exploration of innovation and partnership in the report shows that collaborative approaches are becoming firmly embedded, and foundations of all sizes are working with multiple partners to ensure adequate budgets, drive new ways of working, and focus on impacts.

A good multi-sector example of this is the Arts Impact Fund, a £7 million collaboration including Arts Council England, Bank of America Merrill Lynch, Nesta and Esmée Fairbairn Foundation, with additional funding from Calouste Gulbenkian Foundation. This is a much-needed addition for arts and culture, a field providing a good example of how collective foundation data can identify emerging gaps and inform decision-making. Examination of ‘spending out’ by foundations like Northern Rock, Monument, Paul Getty and Peter Moore which are (or have been) strong supporters of arts and culture indicates that, with government support also reducing, welcome increased spending on arts and culture by foundations like Sackler and Paul Hamlyn will not make up the shortfall. Moreover, long-term data in Foundation Giving Trends reveals that the increased grants spending in 2015/16 derived mainly from the market gains in existing investments, while income from major new gifts into foundations had modest growth. Today’s social needs cannot be met solely by switching existing foundation resources from one area to another, especially if asset growth slowed, and the strong message is that we need more new donors to create foundation endowments.

[1] http://www.acf.org.uk/policy-practice/research-publications/foundation-giving-trends-2017

Posted in Blog