The online version of the Financial Times has published an interview with one of EVPA’s co-founders, Stephen Dawson, in which he explains why the venture philanthropy approach is a good way to support charities and social enterprises. The combination of long-term funding and expertise makes it an effective tool, ensuring the support succeeds. He believes there is a misunderstanding among business people that charities’ money should not be spent on overheads. Impetus Trust, co-founded by Dawson, is the first venture philanthropy organisation in the UK and it invests in charities in the same way you would invest in a business.

The organisation works to break the cycle of poverty by investing in ambitious charities and social enterprises that fight economic disadvantage. The efficacy of the venture philanthropy approach has been proved as supported organisations have increased their income by an average of 23% a year, and the number of people they help has increased by an average of 30% a year.

Below is a five-minute video showing Impetus and its work with its supported portfolio organisations and the power of venture philanthropy to transform charities and lives throughout the UK.

Impetus Trust in Action from Impetus Trust on Vimeo.

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