Small charities are crucial. They are both the lifeblood of their local communities and the birth place of innovation.
If small organisations cannot succeed, the established players go unchallenged, innovative ideas get overlooked and the social investment movement will continue to lack promising investment opportunities.
So why are even the most dynamic early-stage organisations struggling to win support? Funders and individuals gravitate towards larger, well-established charities with well-oiled fundraising machines. And businesses find it too expensive to find smaller, younger organisations, and too risky to support them.
The Fore will build the pipeline of social enterprises and charities ready to serve the needs of our society and challenge the established players. The Fore’s pioneering funding model removes barriers to access and connects even the most isolated, smaller organisations with expertise from the business community and financial support.
We identify organisations with the best ideas, the strongest management and for whom support will create the greatest impact. We seek to take up as little of our applicants’ time as possible as time spent seeking funding is time away from their beneficiaries.
The diagram below provides a summary of The Fore’s Theory of Change, showing how its core activities lead to intermediate and final outcomes to create social impact.
The Fore’s innovative funding model has been piloted since 2012 by the founding partners, the Bulldog Trust and the Golden Bottle Trust, part of the private bank C Hoare and Co. The funding model was designed by the Bulldog Trust to address a number of major challenges that it had identified through its experience as a funder, a fundraiser and running its business philanthropy network.
The funding model is based on the belief that when empowered to do so, early-stage organisations are best placed to identify their own needs to scale or improve sustainability. It was hailed by Philanthropy:UK as a ‘revolutionary criteria-free grant-making scheme’ in 2012.
The scheme experienced exceptional demand from charities for this style of funding and from funders for the strong pipeline of small organisations it created. The Bulldog Trust and the Golden Bottle Trust decided to launch a major expansion of the programme in 2017: The Fore Trust.
Convinced by the strength of the pilot results and keen to inspire other funders to change their practices, the founding funders have pledged over £1m to The Fore to cover operating costs for the first three years.
The Fore is a partner of the Big Lottery Fund.
The Fore’s advisory board combines the voices and experience of pioneering business leaders with those of leading small charities/social enterprises.
Sir Thomas Hughes-Hallett DL spent 25 years in investment banking before becoming CEO of Marie Curie Cancer Care from 2000 to 2012. In 2013, he was knighted by the Queen for services to end of life care and charity and presented with a Beacon Fellowship for Philanthropy advocacy. Tom is now chair of the Marshall Institute at LSE, Chelsea and Westminster Hospital and director of the King’s Fund (the healthcare think tank). He is an adjunct professor at The Institute of Global health innovation at Imperial College London. Tom is also a trustee of the Esmée Fairbairn Foundation.
Kenneth Olisa OBE, FRSA, FBCS, was appointed HM Lord-Lieutenant of Greater London in 2015. He is Lord Deputy-Chair of the Institute of Directors, the rst British-born black man to serve as a Director of a FTSE-100 company (Reuters) and the founder of two technology merchant banks. An advocate of social inclusion, he is President and former Chair of Thames Reach; Chair of the Shaw Trust; founding Chair of the Powerlist Foundation; a former Governor of the Peabody Trust; and a former Non-Executive Director of the West Lambeth NHS Trust.
Rupert Harrison CBE, Chair of The Fore is Portfolio Manager and Chief Macro Strategist in the Multi-Asset Strategies group at BlackRock. From 2010-2015 he was Chief of Staff to UK Chancellor of the Exchequer, George Osborne, and Chair of the UK’s Council of Economic Advisors. From 2006-2010 he was Chief Economic Advisor to the then Leader of the Opposition David Cameron and Shadow Chancellor George Osborne. Prior to that Mr Harrison was a Senior Research Economist at the Institute for Fiscal Studies.
Rosaleen Blair CBE is the founder and CEO of Alexander Mann Solutions, a global talent acquisition and management company. Rosaleen created Alexander Mann Solutions in 1996, and since then she has established the company as the market leader, serving many of the world’s leading brands in over 80 countries and 30 languages. Rosaleen has been recognised many times for her achievements, notably as Veuve Clicquot Businesswoman of the Year, E&Y Entrepreneur of the Year and Tatler Woman of the Year.
Mary Boakye is a former partner at Dentons LLP with extensive experience in international finance and corporate matters including M&A and private equity, and particular knowledge of capital markets transactions in Africa. Mary has been recognized by The Lawyer as one of the UK’s “Hot 100 Lawyers” and by Powerlist as “one of UK’s most influential black people”.
Lloyd Chamberlain spent 15 years working as an investor, most recently as founder and Managing Partner of Praxient Capital from 2007-2014. Lloyd started his career as a strategy consultant at Bain & Company and took this analytical approach into investments across start-ups, listed companies and distressed credit restructurings. Lloyd graduated from Cambridge with a First Class degree in architecture and is now developing property.
Baroness Dido Harding has been Chief Executive of TalkTalk Telecom Group PLC since 2010. Prior to her appointment Dido was Sainsbury’s convenience director and a member of the operating board. Prior to this, she worked at Tesco PLC, Kingfisher plc and Thomas Cook Limited. She was appointed as a non-executive director on The Court of The Bank of England in July 2014 and Chair of the Remuneration Committee in 2016. She has also served on the boards of The British Land Company PLC and Cheltenham Racecourse. In August 2014 Dido was offered a Peerage and now sits in the House of Lords as a Conservative Peer. She is a trustee of Doteveryone and a member of the UK National Holocaust Foundation.
Charles M R Hoare is the Chair of the Bulldog Trust. He is Head of European Healthcare at Stifel and was previously a Managing Director at BofA Merrill Lynch and Commerzbank. He is also Chair of Chariot Innovations Ltd (the commercialisation arm of the London School of Hygiene and Tropical Medicine), a Non-Executive Director of Atlantic Healthcare plc and a Churchwarden of St. Dunstan-in-the-West.
Danny Kruger is Chairman and former Chief Executive of the West London Zone for Children and Young People. Danny was Chief Executive of criminal justice charity Only Connect from 2008 – 2015. Before working at Only Connect Danny was Director of Studies at the Centre for Policy Studies, Chief Leader-Writer at the Daily Telegraph, and Special Adviser to David Cameron MP as Leader of the Opposition. West London Zone received support from The Fore’s pilot programme.
Anton Oliver currently works for asset managers M&G in London in a corporate governance position for M&G’s global equities team. He is a former professional sportsman and captain of the New Zealand national rugby team. After retiring from sport he gained an MSC in Biodiversity, Conservation and Management at Worcester College, Oxford and an Executive MBA from Cambridge University. He is an ambassador for Cure Kids and the Shackleton Foundation.
Ginny Williams-Ellis is founder and Chief Executive of Read Easy UK, an adult literacy charity that provides free, confidential, one-to-one reading tuition from trained volunteers for adults who struggle to read. She is a former literacy tutor in prisons, teacher and adult education specialist. Ginny won funding for Read Easy UK from The Bulldog Trust in 2012. Her ambition and innovative approach were an inspiration for The Fore pilot.
Mary Rose Gunn, Chief Executive, has been running Bulldog Trust, the umbrella organisation for The Fore since 2007. In 2012 she won support from the Golden Bottle Trust to pilot The Fore’s innovative funding model and has been driving the expansion of the programme ever since. She has designed, resourced and delivered a range of programmes for the Bulldog Trust including the Winter Exhibition Programme at Two Temple Place and the Engaging Experience philanthropy network. Prior to joining the Bulldog Trust, Mary Rose worked in politics and the media and has a degree in Modern History from Lincoln College, Oxford. She is a Trustee of the Margaret Pyke Trust and a Fellow of the Royal Society of Arts.
Janet Thomas, Director of External Relations. Janet is Managing Director of Infinity Capital Partners, a corporate finance firm specialising in international banking, finance and e-technology projects in the Foreign Exchange (FX), oil and power markets. Her biggest impact has been on the global FX Market, through the creation of a product that won Best Product and Service Award for 5 consecutive years since 2008, for innovatively addressing a gap in the market. From 2014-2016 she was President of the Women in Banking and Finance and is a trustee of the Powerlist Foundation.
Alison Marston, Director of Philanthropic Engagement for The Fore has been with the Bulldog Trust since July 2013 initially working as the Head of Grants and Philanthropy before moving to her current role. Before working for the Trust she worked in the humanitarian and not for profit sectors, as well as initially starting her career in business. She graduated with a degree in Education, followed by an MA in Education and International Development from the Institute of Education in 2012. Alison was born and raised in Kathmandu, Nepal and speaks Nepali as her first language. Alison spent two years working in conflict resolution in the field for ICRC (International Committee for the Red Cross) in central Nepal from 2004-2006.
Lena Baumgartner, Head of Grants joined The Fore in January 2017 to manage the grant-making. Prior to moving she worked for New Philanthropy Capital for nine years, where she headed the funder team and most recently worked as Deputy Director of Research and Consulting. Lena has a degree in Modern History and Politics from the University of Oxford, and a MSc in Global Politics from the London School of Economics. She is a trustee of the Marple Charitable Trust, a grant-maker funding in Islington and Ghana.
Two Temple Place is home to The Fore. It is a magnificent neo-gothic mansion on the Embankment built by the first Viscount Astor, William Waldorf Astor in the 1890s. The house has been owned by the Bulldog Trust since 1999 and is now dedicated to promoting culture and philanthropy. In addition to being headquarters to The Fore, Two Temple Place hosts events and activities for charities through the year, offers public access and sell-out education opportunities through the Winter Exhibition Programme and is also available for private hire.
For more details on Two Temple Place please see > www.twotempleplace.org