# Henry Smith charity invests £500,000 in CAF Venturesome's Development Fund

- Link: https://fundraising.co.uk/2010/10/12/henry-smith-charity-invests-500000-caf-venturesome039s-development-fund/
- Published: 2010-10-12T07:23:21+01:00
- Author: Howard Lake

Anti-poverty grantmaker the Henry Smith Charity has invested £500,000 in the Development
Fund of CAF Venturesome, with the aim of making this financing option for building
capacity available to more charities.

Other charitable grantmakers, including The Esmée Fairbairn Foundation and The Tudor
Trust, have already invested in CAF Venturesome.

Richard Hopgood, Chief Executive at the Henry Smith Charity said: @Working with 
CAF Venturesome complements our grant-making programme, and we are delighted to 
be investing in this innovative approach. We hope that many charities will benefit
from the increased capacity of the Fund.”

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Launched in 2002 by Charities Aid Foundation as its social investment fund, CAF 
Venturesome provides bridging finance and development capital to charities and social
enterprises. So far it has committed more than £18 million to over 250 organisations.

www.venturesome.org

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