Giles Ruck

Scottish Community Foundation

Chief Executive

CGAP, TSRC and ISBE

Social Investment for the 21st Century

Hunter Centre for Entrepreneurship, Strathclyde Business School

5 November 2012

Community Foundations and

Entrepreneurial Philanthropy

Community Foundations … in words …

Enriching lives through effective giving

Connecting people who care with causes that matter

Thriving communities

Where philanthropy meets community …

Vision

A vibrant Scotland where more philanthropists and independent

funders invest money, expertise and influence to make a

difference to causes and in communities that inspire them

Purpose

To be the professional hub of philanthropy for lasting impact in

Scotland's communities

Mission

We facilitate charitable funding making it effective and engaging

Community Foundations … in numbers …

£281million endowment

3007 major donors (23,400 in total)

£62million (26,000) awards / investments

48% established from private sector sources

Isle of Skye Baking Company

Rise of the new philanthropist

Seeking to solve problems

(big audacious objectives)

Adding value

(professional expertise, networks etc)

A different type of return

Enterprising communities

Developments from North America ...

... taking root in the UK

... taking root in the UK

Blended finance (grants & loan)

“Not everything that counts can be counted ...”