community foundations and entrepreneurial philanthropy, giles ruck, social enterprise for 21st...
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Giles Ruck
Scottish Community Foundation
Chief Executive
CGAP, TSRC and ISBE
Social Investment for the 21st Century
Hunter Centre for Entrepreneurship, Strathclyde Business School
5 November 2012
Community Foundations and
Entrepreneurial Philanthropy
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Community Foundations … in words …
Enriching lives through effective giving
Connecting people who care with causes that matter
Thriving communities
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Where philanthropy meets community …
Vision
A vibrant Scotland where more philanthropists and independent
funders invest money, expertise and influence to make a
difference to causes and in communities that inspire them
Purpose
To be the professional hub of philanthropy for lasting impact in
Scotland's communities
Mission
We facilitate charitable funding making it effective and engaging
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Community Foundations … in numbers …
£281million endowment
3007 major donors (23,400 in total)
£62million (26,000) awards / investments
48% established from private sector sources
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Isle of Skye Baking Company
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Rise of the new philanthropist
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Seeking to solve problems
(big audacious objectives)
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Adding value
(professional expertise, networks etc)
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A different type of return
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Enterprising communities
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Developments from North America ...
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... taking root in the UK
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... taking root in the UK
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Blended finance (grants & loan)
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“Not everything that counts can be counted ...”