A "social investment" is an investment motivated by humanitarian returns, not just financial returns. Social investments have a significant positive impact on communities in the UK, and NCVO has just published a new analysis of the market that will help both the investment community and the voluntary sector.
Unlike previous studies, NCVO gathered detailed financial data from charities and social companies as well as looking at the size of the market from an investor's perspective. They have identified which social sector organizations are borrowing now, and which are likely to in the future. Only limited organizations have benefited from social investment to date, but this research will help investors find future customers. The highest potential demand for secured lending is from incorporated, medium-sized charities with tangible fixed assets to secure lending, who nonetheless are too small or too reluctant to borrow from high street banks. Read the Entire Article
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The Junior League of Gaston County, in partnership with the Central Family YMCA, has put the Y Life Program back on running track. It’s been operating for eight years, but has lost funding. Now, Junior League stepped in to help it continue.