The work of Trust for London is not limited to making grants; we also use our resources to tackle poverty and inequality in other ways. One of the ways we do this is through social investment.
Entirely separate from our grant making, social investment (sometimes called ‘mission related investing’) allows us to offer organisations the financial investment they need to support work which generates an income whilst delivering social returns. For example, a community organisation that needed funds to start a trading venture or to scale up its capacity to deliver contracted services, could be funded in this way.
This type of support can help organisations to diversify their funding base, reduce their reliance on grant funding and increase their social impact. Typically our social investments will be loans or equity but, unlike grants, must be repaid with interest. Whilst we can be flexible about the size or type of investments we make (and how much interest we will charge), all investments of this type must deliver useful social outcomes.
We therefore want to hear from organisations (with a viable business case) seeking or considering investment as a way to help them develop sustainable work with positive outcomes for society. Like our grants, our social investments can only support work that benefits Londoners, but we look at each opportunity on a case-by-case basis and are happy to discuss early investment ideas with you.
Importantly, making social investments does not affect the amount of funding we have available for grant making.
Currently, we have £14.3 million of investment commitments to projects that are delivering important social benefits. Two recent examples include:
- A £400,000 loan to Micro Rainbow International to help expand its services supporting vulnerable LGBT+ migrants.
- A £250,000 loan to K10 to help it increase the number of excluded Londoners accessing high quality apprenticeships in the construction industry.
One significant investment (now £1.85 million of equity) has helped create the Foundry – a large scale project that brings together some of London’s most innovative and progressive social justice and human rights organisations in an affordable award-winning building.
We’re listed on Good Finance, a website to help charities and social enterprises navigate social investment.
For further information or to discuss a potential investment application please contact:
4 Chiswell Street
Telephone: 020 7606 6145
From our Twitter
We’ve pledged £500,000 to an emergency support fund to help community & voluntary organisations in #London facing immediate financial pressures & uncertainty because of #COVID19 The scheme is co-ordinated by the fantastic @LondonFunders Read more https://bit.ly/39ozAzS pic.twitter.com/wp2WbRs1yx25 Mar 2020
For #London charities & community groups in need of additional digital support or advice, @LDN_gov has created a Digital Support Access Form to help match you with organisations or volunteers who can help You can find the form below https://bit.ly/2JDXdtr2 Apr 2020
'It is time to make amends to the low-paid essential worker’ @sarahoconnor_ writes in the @FT on how #COVID19 is shining a light on low paid jobs. We want better work for everyone, where those in work are treated with decency, respect & paid at least a #LivingWage https://twitter.com/FinancialTimes/status/1245667339011608577 …2 Apr 2020
*IMPORTANT – HELP NEEDED* Is your charity facing financial difficulties because of the #coronavirus crisis? Let us know the details by emailing email@example.com now so we can explain to the government the problems you're facing. Please share with your networks.20 Mar 2020
An important read from @CarnegieUKTrust & @LearnWorkUK on the future of the #MinimumWage , demonstrating the impact of low pay on worker wellbeing, family life,health & insecurity We're proud to be on the advisory group & later in 2020, plan to share a #London specific report https://twitter.com/CarnegieUKTrust/status/1245007695096221697 …2 Apr 2020