Factary profiles UK venture philanthropy sector
Howard Lake | 10 February 2011 | News
Strategic philanthropy research and fundraising consultancy Factary have published a review of the venture philanthropy sector in the UK and the people behind them.
Factary’s team has identified and analysed the 11 key funds, reviewing their areas of interest, their finances and the people involved. Now nine years old, the UK’s venture philanthropy industry is worth more than £1.5 billion and provides more than £51.8 million in grant, loan and investment support for nonprofits.
In ‘The Venture Philanthropists – A Review of Venture Philanthropy funds in the UK and the people behind them’, Factary focuses on the 135 trustees, donors, patrons and board members in the sector, including brief biographies on each. Over half of the trustees come from the financial sector, with 29% coming from the private equity industry. Many of these individuals are wealthy, with the group having personal wealth of at least £5.2 billion.
The 70-page report also includes a detailed index of corporate and trust connections. It is published a special supplement to New Trust Update, Factary’s monthly report on newly-registered grant-making trusts. Many of the funds featured in the report were first identified by Factary and reported in New Trusts Update.
‘The Venture Philanthropists – A Review of Venture Philanthropy funds in the UK and the people behind them’ is also available to buy at £125 from Factary.
www.factary.com
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.