Ged Devlin

Peter Alexander Jobson in session with Riley & Coe Tomorrow Wed 20.11.24 from 9pm x Get Some x Love Pete xx Links to my music: peteralexanderjobson.co.uk

Not seen a lot of coverage in the sector press on this, but just know ⁦@Hargraver⁩ would have had an angle! 👇🏻 Naomi Campbell banned from being charity trustee theguardian.com/fashion/2024/s…

'Halifax isn’t necessarily the most affluent area, and on paper this should just not work. But that’s why economists don’t organise live music events.' Could have been a car park. Thankfully it isn't @ThePieceHall. theguardian.com/uk-news/articl…

@sawatkiss @KeyFund Loved the Homebaked case study, obviously!

@DevlinGed @KeyFund I absolutely love this. Thank you xx

The ⁦@KeyFund⁩ 2023 / 2024 Impact report is here - stats and figures behind Key Fund’s investments, as well as the people making a difference in their communities #socinv combinestudio.dev/key-fund/

@KeyFund And a case study of @TheFlorrie also features!

Working with partners @KeyFund @TheSocialInvest & @resonanceltd we’ve been working on delivering the £300m fund improving local youth facilities across the country

…. The evidence in this investigation meant that the level of misconduct and/or mismanagement was serious enough to warrant this action.”

The Charity Commission statement; “As a fair, independent and evidence-led regulator, we only disqualify someone from serving as a trustee or a senior manager in a charity when the evidence gathered means it is proportionate and lawful to do so…..

Captain Tom’s daughter and her husband banned from being charity trustees theguardian.com/uk-news/articl…

Guardian reporting that Captain Tom's daughter has been banned from being a charity trustee. Good moment to re-up this 3.5 years ago. It was trade press, as so often, which ignored the fawning and saw the failures. civilsociety.co.uk/news/captain-t…

Q: Captain Tom Foundation: Why is there no decision on charity? A: quite normal for complex or high-profile statutory inquiries to take longer than 2 years bbc.co.uk/news/articles/…

(Noted it’s not a direct comparison with direct, retail investment in charities and social enterprises, and why I’d still like to see a successor to SITR, one of the few policy interventions we’ve seen that was solely for the social economy in the past decade)

See also @nicktemple1 ‘s take here 👇🏻 I think it’s a great point on how @TheSocialInvest (and others) have used existing schemes to get cash to social enterprises, such as the government's guarantee scheme

@DevlinGed linkedin.com/posts/nitemple…

@theboyler So that’s the spike then! I thought it was more stealth than that.

Just got around to looking at the Social Investment Tax Relief stats from last year ( ‘22 - ‘23 ) Seems as it was getting towards the end (closure of the scheme was in Apr ‘23) the amounts and number of orgs raising £££ was pretty consistent c. 40 orgs p/a raising £5m - £6m

@theboyler It does seem such an odd rule, the risk-to-capital / asset backed stuff. And as ever, not much guidance so lots of arbitrary decisions

@dawsonjohn I guess there was a consultation and slight stay of execution in that is was phased out rather than a hard stop, but agreed - a successor relief that’s based on an understanding of the underlying business models of the social economy would be a place to start?

@DevlinGed Tax incentives is something for a new government to look at, SITR seemed to slip away quietly