# Scope invites supporters to sponsor a shop

- Link: https://fundraising.co.uk/2012/09/19/scope-invites-supporters-sponsor-shop/
- Published: 2012-09-19T09:07:04+01:00
- Author: Howard Lake

**Disability charity Scope added another variant to the sponsorship model by inviting
people to sponsor a new charity shop. Donors can loan or donate £50,000 to open 
a new shop, from which Scope will generate an even greater ongoing income.**

Since each shop generates up to £30,000 a year, according to Scope, the loan can
be paid back “within two years”.

The charity is promoting this model as **The Scope Venture Philanthropy Fund**.

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## New shops already funded

Scope has already successfully persuaded a number of people to invest in its fundraising
in this way. Eight people donated and lent a total of £100,000 to open two shops
this year in Ely and St Neots in Cambridgeshire.

After a 12-month test, the charity is now looking to expand the scheme, and aims
to attract enough people to open up to 15 new shops by March 2013.

## New patron Richard Bradbury

The scheme should benefit from the expertise of former River Island chief executive
Richard Bradbury who has joined the charity as a patron. He is already working with
online retailer Boden, at which he is a non-executive director, and other brands
to support the scheme.

Bradbury said: “This scheme… offers donors an opportunity to not just support a 
service, but see their donation put to work, multiply and come to life in the form
of a shop. This then provides a sustainable on-going income for Scope and the work
it does to support disabled people and their families.”

Richard Hawkes, Chief Executive of Scope, added: “By helping us open a new shop,
a supporter will see their donation triple in value in just five years. Scope is
about making this a better place for disabled people – this new way of fundraising
means we can run more campaigns and provide more services that help us achieve that
vision”.

Scope has 235 charity shops. In 2011/12 the shops generated £2.9 million of income
for the charity’s work with disabled people, a 27% increase on the previous year.

www.scope.org.uk/how-you-can-help/donate-scope/philanthropy/scope-venture-philanthropy-
fund

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