Annual Review 2015

ANNUAL REVIEW 2015 WHERE PHILANTHROPY MEETS COMMUNITY www.cfiw.org.uk

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As Patron of the Fund for Wales, I have been delighted to hear of the continued successes of this campaign to grow a national community endowment fund for Wales, offering people the finance to develop local answers to local needs.

Hundreds of people across Wales and around the world recognise the positive difference the Fund for Wales can make, and have joined the growing community of donors in supporting its aims.

Strengthening the bond with the Welsh diaspora has been a particularly positive development for the Fund. I was very glad to learn of the newly established Wales in London Philanthropic Fund, designed to support the careers and education of young Welsh people whose ambitions and abilities take them outside Wales. This partnership shows how the Community Foundation in Wales unites philanthropic giving with Welsh charitable causes.

This is the final year of the Big Lottery match-funded challenge for the Fund for Wales, which ensures that every single pound donated to the Fund has double the impact for Welsh communities. This makes it an especially opportune time to support the Fund, and this incentive will drive the endowment beyond the £3 million milestone.

Whilst the Community Foundation in Wales leads another year’s activity to grow the Fund for Wales, communities across the country have already been benefitting from its work. This year, the Spirit of 2012 Trust chose the Foundation to steward its ‘Fourteen’ programme, encouraging community participation in the aftermath of the Olympic and Commonwealth Games of 2012 and 2014. I was also interested to read the Foundation’s ‘Portrait of Philanthropy in Wales’ report, which shows the extent of the challenges and opportunities involved in this all-important work.

I can only congratulate the Community Foundation in Wales for creating this very special national community endowment fund, I do wish it every possible success in the coming year. I need hardly say that I am enormously grateful to everyone who is supporting this innovative campaign to create a community of philanthropists for the benefit of all.

Diolch o galon i chi am eich cefnogaeth.

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1. WELCOME This year the trustees, staff and supporters of the Community Foundation in Wales have worked hard to consolidate our position as the place for philanthropy in Wales, where donors and do-ers meet and unite in their interest in supporting charities and community projects across the nation.

Our philanthropy and community leadership work is exemplified in the production of our research project, ‘A Portrait of Philanthropy in Wales’. Combining data on giving with reflections, observations and case studies of 35 people who are actively giving in Wales today, this volume serves to highlight the range of motivations and considerations that inform donors in their philanthropy. It has a uniquely Welsh focus on philanthropists who live, work or give in Wales.

Please visit our website to read our new publication.

Other highlights this year include welcoming our first £1 million donor and awarding grants in West Wales according to his philanthropic wishes. This brought the sum of endowment and funds under our stewardship to a new high of £10.8 million. We set up several new Funds, including one in partnership with Wales in London with whom we have launched a philanthropic fund to help young students and entrepreneurs with bursaries to support their ambitions.

Our Wrexham Community Endowment Fund was increased thanks to a trust transfer from Wrexham County Borough Council. This year, our annual Philanthropy Week included a business reception in Brussels at which we celebrated our Fund for Wales as a vehicle for people to join our community of philanthropists and give back to Wales.

It has been a pleasure to develop a range of partnerships with an array of clients, donors and Fund holders, all of whom use our services to invest their philanthropic giving in communities. Thanks to their support, we awarded £2.2 million to over 529 community projects, charities and individuals this year, whose work is underpinned by 7,406 volunteers and benefits 42,320 people in communities across Wales.

Together, we are making a difference.

Thank you for your interest in, and support of, the Community Foundation in Wales.

JANET LEWIS-JONES Chairman info@cfiw.org.uk

LIZA KELLETT Chief Executive liza@cfiw.org.uk

WHAT WE DO 1. Welcome 2. What we do 3. Connecting people who care with causes that matter 4. Philanthropy Leadership Fund for Wales Wales in London Philanthropic Fund Philanthropy Week Philanthropy Awards Portrait of Philanthropy in Wales 5. Walking alongside our Fund holders, donors and client Individual & family giving Corporate philanthropy Trusts Professional Advisors 6. Our Fund Holders 7. Our Finances

3 6 9 15 15 16 17 18 19 20 21 22 23 24 25 26

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VISION

MISSION

VALUES

A Wales with a thriving voluntary and community sector, where local people lead projects and have the financial resources to develop their own solutions based on need.

To strengthen and enrich local communities across Wales by inspiring and managing philanthropy.

Knowledgeable, pro-active, innovative, creative, inclusive, professional, advocating, leading, collaborative, inspirational, sustainable and graceful.

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THE COMMUNITY FOUNDATION IN WALES TEAM TRUSTEES AT SUMMER 2015

PATRON OF THE FUND FOR WALES

Janet Lewis-Jones Chairman Nigel Annett CBE Lulu Burridge Alun Evans E F Lloyd FitzHugh OBE JP DL Tom Jones OBE Sheila Maxwell Vice Chairman Kathryn Morris Treasurer Julian Smith

HRH The Prince of Wales

This year saw the retirement from the Board of Trustees of Rt Rev John Davies, whose commitment to the Foundation continues as a Fund for Wales Ambassador.

PRESIDENT Captain Sir Norman Lloyd-Edwards KCVO, GCStJ, RD, JP, RNR The Foundation is grateful to HM the Lord Lieutenants of Wales for their ongoing interest in, and support for, our work.

STAFF AT SUMMER 2015 Liza Kellett Chief Executive Tom Morris Finance, Research & Grants Manager Sarah Morris Administrative Officer Andrea Powell Grants & Programmes Manager Ffion Wyn Roberts Grants Officer Rochelle Brunnock Grants Assistant Siân Stacey Development Manager Samuel Stensland Development Assistant Former staff have contributed enormously to the Foundation’s work over the last year, and we particularly thank Helen Fagan, Jennifer Lloyd and Ffion Wyn Morris.

ASSOCIATES Tom Barham Colin Evans

Bob Sherer Abigail Tweed

We are grateful for the professional support of Giselle Davies (Geldards), Ruth Peck & Jan Coverley (HR Solutions), and Designdough

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2. WHAT WE DO The Community Foundation in Wales helps people who want to make a difference – with their giving, their volunteering, or their work in communities. We are a trusted philanthropy adviser offering each of our Fund holders and clients a bespoke service. We advise on where their priorities for charitable giving can make the best impact, investing their donations to maximise return and delivering robust grant-making programmes on their behalf. We help people to enjoy their giving! Our team researches and advises on needs and issues, conducts due diligence, reports on impact and outcomes, and engages clients to the extent that they wish.

OUR FUND OPTIONS

OUR PHILANTHROPY SERVICES Establish your own Fund Immediate Impact – A Fund for today Endowment Fund – A Fund invested in perpetuity, the gift which keeps on giving Hybrid Fund – A Fund which makes an impact today whilst investing for the needs of tomorrow.

Funds can be themed according to our clients’ wishes, for example as area or topic-specific grant programmes.

Double the impact of your gift to the Fund for Wales thanks to our Big Match Challenge.

Provide a better future for Welsh communities by leaving a gift in your will.

GIVE

Immediate Impact Fund

GROW

GRANT

IMPACT NOW

Endowment Fund

IMPACT FOREVER

Hybrid Fund

IMPACT NOW & FOREVER

A RANGE OF BENEFITS A bespoke Fund tailored to your wishes • project visits & meetings with beneficiaries • annual impact reports & Fund investment statements • invitations to philanthropy events and forums • tax-effective giving

Our philanthropy team works with each Fund holder to develop a portfolio of giving in line with their wishes to maximise the impact of their philanthropy.

Contact Liza Kellett, Chief Executive, on 02920 379580 to discuss how your donations can make a difference or visit our website www.cfiw.org.uk.

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WHERE PHILANTHROPY MEETS COMMUNITY Thanks to the philanthropy of our clients the following was delivered through the Community Foundation in 2014/15

£2,219,283

£325,162

£10,804,813

Value of grants invested in strengthening local communities

Value of endowment entrusted to our stewardship as at 31st March 2015

CLWYD

£84,906 GWYNEDD

£34,463 OUTSIDE WALES

529

7,406

42,320

Number of grants awarded 2014/15

Number of volunteers who commit their time and talent to support these organisations

Number of people who benefit from the work of the organisations we fund

The Community Foundation in Wales is a member of UK Community Foundations, a network of 48 accredited community foundations in England, with three community foundations each serving Wales, Northern Ireland and Scotland.

Collectively we awarded £65 million in grants last year on behalf of our Fund holders, donors and clients. With half a billion pounds in endowed funds, the network members together comprise the tenth largest grant maker in the UK.

£359,595 POWYS

£368,980

DYFED

£223,297

£208,887

WEST GLAM

MID GLAM

GWENT

SOUTH GLAM

£303,393 £310,600

MORE THAN THE SUM OF OUR GRANTS UNDERPINNING & PARTNERING LOCAL KNOWLEDGE NATIONAL EXPERTISE SHARING & COLLABORATING

CONVENING & CHAIRING MEETING NEEDS CELEBRATING & PROMOTING

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3. CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER We were delighted this year to welcome several new Fund holders to our portfolio. These include Spirit of 2012 for whom we are managing the ‘Fourteen’ community grants programme; the Wales in London Philanthropic Fund, designed to help aspiring young Welsh people in their careers and education; the Educational Trust of John Vaughan; and a further trust transfer with Wrexham Council. We look forward to working alongside these clients to manage their charitable giving.

BRINGING PEOPLE TOGETHER

SHARING EXPERTISE

Across a range of Funds, people are convened to form Grants Panels to decide how best to award grants. They include local experts, family members of Fund holders, professional advisors, staff of clients, and community members share their knowledge and advice to make sure we support groups that will make a big difference in their community. Uniquely, our Gwent High Sheriffs’ Community Fund brings local applicants and volunteers together to hear about the difference that Gwent community groups and charities are making, and then they vote to choose which of them should receive funding.

Foundation staff and Trustees also contribute to strategy and policy development, sharing our knowledge of local communities with national and international organisations. From using our expertise in supporting social enterprises by sitting on the Wales Council for Voluntary Action’s Panel for the Communities Investment Fund; responding to consultations; advising agencies and charities; to giving presentations at conferences, and contributing to the discussion at the European Economic & Social Committee’s Rural Development Plan hearing in Bangor, the Foundation is always happy to add its perspective and insight into Welsh philanthropy and communities.

“It’s such a privilege to learn about, and be able to respond to, our clients’ philanthropic wishes. Each client, Fund and programme is different, and at the Community Foundation in Wales we have the capability to deliver bespoke services through our tailored grants programmes. Seeing this process in action, and the impact charitable giving has on the lives of people in Wales, is truly inspiring.”

Andrea Powell, Grants & Programmes Manager

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SUPPORTING APPLICANTS

CONVENING

MAKING AN IMPACT

As a Community Foundation we walk alongside applicants, giving advice both from our office and out in the communities we fund. At funding fairs, community drop-in days and local panel meetings, we provide support and ask – and answer – the questions needed to give small charities and groups the best opportunities to grow and develop.

Building on our support of two Welsh charities which help women to participate in public and community life (we spoke at an International Women’s Day panel and hosted three women on a work shadowing scheme), the Community Foundation in Wales convened a special event to encourage young and women trustees. Our informal evening reception, kindly hosted by Capital Law, featured Dame Rosemary Butler AM talking about her journey in public life, and Foundation Trustees chatting about their experiences of governance, volunteering, and the challenges and joys of trusteeship. Of the sixty young people who joined us this Summer, two have reported that they have already been offered places on charity boards, and several others have told us that they have been inspired to recognise their own skills and confidence and seek out opportunities to volunteer or join boards.

On strategies… informing policy and underpinning change On local communities… growing confidence and social capital On charities & community groups… funding step-change and local solutions On people… empowerment, support, investment

RELEASING ENERGY, STIMULATING ACTION

THE STORIES OF PROJECTS FUNDED BY OUR FUND HOLDERS AND DONORS ARE FEATURED ON THE FOLLOWING PAGES.

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ENABLING YOUNG PEOPLE AND PROMOTING EDUCATION, ENTERPRISE & LIFE-LONG LEARNING This theme includes: grants to organisations which build self-esteem and confidence, and broaden horizons for young people; support to charities which work with young people who are not in employment, education or training; student bursaries; and funding for projects which develop skills and employability. This is within the context of the fact that 31% of our children in Wales live in poverty, and the detrimental effect this has on self-worth, literacy, skills, aspirations and life-chances.

“It was such a valuable experience that I would love to do again. It boosted my confidence and I felt totally relaxed participating in a variety of activities.”

Project Participant

ASPIRATION

The Ethnic Youth Support Team, whose ‘Get Sporty’ campaign had been funded through the Comic Relief Local Communities programme we manage, told us how young women from minority ethnic backgrounds in Swansea could benefit from feeling more confident and inspired about their career choices. The Foundation awarded a grant of £7,500 from our Skiathos Fund, a Fund which specifically supports projects which help children and teenagers, building self-esteem, ambition and experiences.

Ten volunteers worked with local businesses in and around Swansea to arrange visits, talks and open days.

More than 100 young women had their eyes and horizons widened thanks to this programme, finding out about even more opportunities to continue their education or embark on their professional lives.

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BUILDING NETWORKS AND CONFIDENCE IN COMMUNITIES

Grants under this heading include those to charities and organisations which: work to empower people in financially and socially disadvantaged communities; support marginalised people; and invest in community facilities and events. These groups are the cornerstone of civil society.

Small, rural villages form the backdrop of many people’s lives in Wales, but an idyllic setting can cause daily challenges. Cwmni Nod Glas Cyf, based in Dinas Mawddwy in Gwynedd, has been renovating a disused building to set up a community hub for people and to be used as a community enterprise.

A £20,000 grant from the Ashley Family Foundation’s Fund meant they could develop the former village shop into a craft shop, gallery space and café.

“It was great to meet the local volunteers who’ve done so much research, training and planning for their new community enterprise, and to see their efforts reach fruition. I was particularly impressed with the group’s plans to give local artists ‘access to market’ by including a showcase for craft and art products in the shop’s gallery. This village enterprise also includes a hairdressing salon!”

Sheila Maxwell, Vice Chair of the Community Foundation in Wales

RESILIENCE

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IMPROVING PHYSICAL AND MENTAL HEALTH

This broad, multi-faceted category includes grants awarded to organisations that: support people suffering from health and addiction issues; increase access to sport and exercise; promote healthy living; tackle the social isolation of elderly and vulnerable people; improve access to services for people with disabilities; and enhance well-being through counselling, mediation and advice.

Our grant-making in this category improves mental and physical health by supporting access to, and provision of, health services, building self-esteem and reducing depression and social isolation.

“Most importantly, the Squirrel’s Nest doesn’t make the members feel that they’re part of a mental health project, simply a friendship group that can take part in mutually enjoyable activities” Robert Visintainer, Co-ordinator

COURAGE

The Squirrel’s Nest Men’s Shed, a charity based on an industrial park in Tondu near Bridgend, appears from the outside to be simply a wood workshop, but it’s so much more than that! Based on an Australian model, it’s really a purposeful gathering place for men and women of all ages to meet, work alongside each other, and feel comfortable talking, all whilst generating income by the sale of their wooden wares at local craft fairs.

Equipped with sanders, saws and various cuts of wood, the 40 members produce bowls, pens, and small furniture pieces. The Foundation’s Fund for Wales paid for a new £625 pillar drill – a simple piece of kit for a project which is doing so much more for mental wellbeing than making wooden goods.

By osmosis, the Squirrel’s Nest volunteers are reducing isolation, building confidence and supporting each other.

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PROTECTING OUR ENVIRONMENT

In this charitable category, the Foundation makes grants to organisations that support environmental sustainability, conservation, and research and innovation. Environmental issues, be they local or global, are bringing people together to tackle these problems collectively, strengthening communities in the process and providing a foundation for a more environmentally engaged society.

The Llyn Parc Mawr Community Woodland Group, in Newborough, is determined to address local needs with local resources. With 40% of 16-65 year olds in Newborough not in education, employment or training (NEET), and a beautiful forest and coastal setting on its doorstep, this new group set out to involve local people in environmental activities which can also benefit visitors to this beautiful corner of Anglesey.

A £2,000 grant from our innovative Micro Venture Philanthropy Investment Fund is seed-corn funding a business plan to create a new social enterprise cycle hire scheme. Funded by the Spirit of 2012’s Fourteen programme, with a grant of £1,000, this fledgling organisation also recently held a Woodland Awareness Day, which brought together over 200 local residents

RESPECT

and seven community organisations to learn more about the woods, take part in Forest School activities, and hear about the wildlife and other community activities in the area.

“There is so much energy and interest, from a range of local community projects and charities, in recognising the natural and historical heritage of this corner of Anglesey. From funding a play ground in Newborough, which must have one of the most beautiful settings in Wales, to a start up grant for a community woodland project, and funding a beach picnic for young people with disabilities and their families, the Community Foundation in Wales has been supporting this energy.

And now this has been catalysed even further as we have become a ‘Fourteen’ community, and our Spirit of Bro Aberffraw panel of local community energisers is investing in nurturing volunteering, wellbeing and cultural and physical activity to help get even more people involved.”

Mark Gahan, Cynefin Co-ordinator

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NURTURING HERITAGE AND CULTURE

The arts, Welsh language and culture, and buildings and facilities of historic significance benefit from grants made under this category.

Celebrating and promoting the cultural, spiritual and artistic elements of our lives and preserving our heritage is vital in developing confident and engaged communities where people have a shared sense of place and identity.

Community enthusiasm for the conservation efforts of Menter y Felin Uchaf, based on the Llyn Peninsula, was such that when its Celtic style roundhouse project was opening its doors to volunteers, 30 were expected and 80 signed up! Some were young job seekers, others trainee student architects. A grant of ÂŁ4,995 from the Dulverton Trust Fund supported these keen volunteers, and 60 local schoolchildren, to work as a team and construct the roundhouse using ancient building methods such as dry stone walling, wattle and daub panelling, roof framing, carpentry, stone slating and thatching.

PRIDE

With support from the archaeological department of Bangor University, the roundhouse will become an education center for the benefit of visitors, schools and conservationists. The participants of this project, some of whom gave nearly 200 hours of their time, have built a space for future generations to learn more about Celtic history and local geography.

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4. PHILANTHROPY LEADERSHIP FUND FOR WALES The world’s only national community endowment fund, the Fund for Wales has continued to grow thanks to gifts from a range of donors over the year. The Fund now stands at £2.3 million, and since it was launched in 2011 has awarded over £94,000 to 74 small charities, projects, and community groups across Wales.

With only £150,000 remaining in the Big Lottery’s Fund for Wales Match Challenge, we’re encouraging everyone who wants to donate to the Fund for Wales to give before this opportunity ends in August 2016.

We have received hundreds of gifts from people all over Wales, the UK and around the world, and these gifts will ensure that the people of Wales, now and in the future, will always have access to funding for inspiring projects that make a difference.

We are thrilled to announce a new partnership with the National Welsh American Foundation (NWAF), building an important and exciting link with the Welsh diaspora in North America. This partnership was announced at the North American Festival of Wales in Columbus, Ohio, with the President of NWAF explaining,

“It’s a real pleasure to be working with the Community Foundation in Wales, and to learn about a means of making a difference back ‘home’. In order to support the growth of the Fund for Wales, we want to encourage more donations from America. I believe that this tax effective method of giving will help Americans to give back to the country they love.”

After the success of the limited edition Melin Tregwynt blanket and cushion design in aid of the Fund for Wales, we are delighted to share the news that this internationally renowned Welsh woollen mill is continuing its support of the Fund by producing another beautiful special edition. What’s more, the new design will be a permanent fixture at Melin Tregwynt, ensuring the partnership with the Fund for Wales will be woven together for years to come. With 30% of each sale being donated to the Fund for Wales - doubled to 60% until August 2016

thanks to the Big Lottery Match Challenge now is the best time to get your loved ones a special Fund for Wales blanket. Thanks to all the team at Melin Tregwynt for its continued support of the Fund.

As Patron of this Fund, HRH The Prince of Wales extended invitations to the Foundation to attend a reception at his residence in West Wales, and we accompanied a Fund holder to Her Majesty the Queen’s Garden Party this Summer. We are deeply grateful to HRH The Prince of Wales for his continued support of our ambitions to grow the world’s only national community endowment fund.

We recently published the first Fund for Wales Review, detailing grants, stories of supporters, and Fund for Wales activities. If you’d like to receive a copy of this Annual Review please e-mail sam@cfiw.org.uk, or download it from our website, www.fundforwales.org.uk.

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PHILANTHROPY LEADERSHIP WALES IN LONDON PHILANTHROPIC FUND AT THE FUND FOR WALES Wales has long had a strong connection to London, embodied by ‘Wales in London’, which provides networking opportunities for Welsh people new to the city, and fosters a community ethos amongst those with Welsh connections who may have lived in London for many years. In March 2015, the members of Wales in London established the Wales in London Philanthropic Fund at the Community Foundation in Wales.

Their endowment fund will provide a sustainable source of funding to support enterprising students, entrepreneurs, and the people of Wales in achieving their ambitions in London and beyond. The Fund will help support postgraduate studies, scholarships, business bursaries, work experience and career development.

The concept of the Wales in London Philanthropic Fund builds upon some great examples of ambitious, enterprising Welsh people receiving grants from the Community Foundation in Wales for the advancement of their studies. Megan, a law student who received full maintenance and tuition fee support from a Named Fund managed by the Foundation, describes the ability to live, work, and study in London as a result of this funding as “life changing.” The Wales in London Philanthropic Fund will provide a sustainable source of funding for other Welsh people at the beginning of their careers.

“The idea is for successful Welsh people to help support the next generation and give something back to Wales. We hope that when those who have received support become successful, then one day they too will contribute to the Fund themselves. The initiative has been very well received and has attracted generous support. One factor in this has been the Big Lottery’s Fund for Wales Match Challenge. Supporting community groups in Wales has long been a part of the organisation’s history, and our members recognise the Fund for Wales as an excellent vehicle for furthering their support of such projects, providing a means for those who care about Wales to give to the people of Wales in a strategic and sustainable way. We are looking forward to seeing the fund go from strength to strength over the next five years.”

Huw Hampson-Jones, Chairman of Wales in London

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PHILANTHROPY LEADERSHIP PHILANTHROPY WEEK 2014 Each year the Community Foundation in Wales runs a wide range of events and activities to explore, celebrate and promote philanthropy. During the 2014 Philanthropy Week in November, the Foundation led an array of initiatives all across Wales. We were proud to launch our research publication, ‘A Portrait of Philanthropy in Wales’, at our flagship event, the Philanthropy Reception in Cardiff Castle.

PHILANTHROPY WEEK WALES 2014 SUPPORTERS AND SPEAKERS

STAKEHOLDERS AND PARTNERS

PHILANTHROPY WEEK 2014 EVENTS INCLUDED • • • • • •

A Business breakfast to discuss our philanthropy management services hosted by KTSOwensThomas A Giving Circle with venture philanthropists in partnership with Capital Law and Quilter Cheviot, with match funding being provided by the Pears Foundation A scholarship focus group of students and university staff in partnership with Aberystwyth University A game of philanthrop-oly with ACCA Cymru and guests exploring philanthropic motivations A supper conversation with Learning Pathways Wales An international Fund for Wales event with the Welsh diaspora in Brussels, hosted by the European Social & Economic Committee

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PHILANTHROPY LEADERSHIP PHILANTHROPY AWARDS To honor people whose philanthropy has benefited Welsh communities, the Foundation’s Chairman, Janet Lewis-Jones, and Foundation supporter, Peter Saunders OBE, presented the following philanthropists with a Community Foundation in Wales Philanthropy Award.

DR DEWI DAVIES

PETER NEUMARK

TONY JOHNSON

Dr Dewi Davies is a philanthropist and former medical doctor.

He decided to put his investment profits to work through philanthropy by supporting the area in which he grew up in West Wales, recognising the wide-ranging needs of a rural and isolated community. Dr Davies did this by establishing a £1 million endowment fund that is already making a difference to the lives of people in South Ceredigion and North West Carmarthenshire, and will continue to do so for generations to come.

Philanthropist and businessman Peter Neumark remains loyal to the causes and organisations that he believes in, supporting charities such as Tŷ Gobaith, Outward Bound Trust (where he was a long-serving trustee) and Flintshire Foodbank. A gift from Peter and his wife Maria also led to the recent opening of an enclosure at Colwyn Bay’s Welsh Mountain Zoo. Appointed Lieutenant of the Royal Victorian Order in the New Year’s Honours List, Peter gives his time, treasure and talent to Welsh charities.

Solicitors Tony and Judith Johnson are venture philanthropists.

After working with his local foodbank and witnessing first hand the difference it was making in the local community, Tony supported the foodbank’s running costs.

They also funded the start up of Purple Shoots, a not-for-profit microfinance charity based in South Wales after being inspired by the Grameen Bank model in Bangladesh and believing it to be a great way to help lift people out of poverty. Tony and Judith have recently set up their own charitable trust to help alleviate poverty and support people suffering from abuse.

As a gift through the Fund for Wales, Dr Davies’ philanthropy also triggered a further match investment into the Fund for Wales, supporting projects across the whole of Wales, thanks to the Big Lottery Fund.

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PHILANTHROPY LEADERSHIP A PORTRAIT OF PHILANTHROPY IN WALES As the only organisation in Wales dedicated to promoting and managing philanthropy, the Community Foundation in Wales has a strong sense of responsibility and ambition to be at the heart of where philanthropy meets community in our nation.

Yet the picture of philanthropy in Wales has not been catalogued and there has been no dedicated research project which explores Welsh philanthropy. Research and initiatives in the other parts of the UK seldom feature philanthropic giving specifically in Wales.

As the only country in Europe to have a ‘third sector scheme’ at the heart of the National Assembly’s agenda, the Welsh Government is keen to strengthen the voluntary sector and the infrastructure organisations which serve community groups, charities and social enterprises. With the Foundation’s strong case for support, the Welsh Government has been investing a core grant in the Community Foundation in Wales for the last seven years, which has included funding the early research work for this report

“Fantastic publication. Well done.”

Baroness Prashar, Honorary President of UK Community Foundations

Our objectives were: • Sharing our learning so that others can engage more productively with major donors • Highlighting useful pointers for fundraisers and philanthropists • Inspiring more philanthropic giving to support Welsh communities

“Thank you so much for sending me a copy of A Portrait of Philanthropy. This is a very significant document that is well conceived and very professionally produced. It is illuminating and inspiring. Congratulations to you and everyone involved!”

Peter Saunders, Venture philanthropist and entrepreneur

“Excellent and most interesting.”

Antony Lewis, Foundation Fund holder

Philanthropists We have enabled a range of individual philanthropists, many of whom benefit from the services of the Community Foundation in Wales, to speak from their hearts about their own experiences, interests and motivations to give to Welsh communities. We are particularly grateful for their insights, reflections and commitment to sharing their wealth.

This publication can be downloaded from our website, and please contact the Foundation if you’d like a hard copy.

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5. WALKING ALONGSIDE OUR FUND HOLDERS, DONORS AND CLIENTS In this section of our Annual Review we highlight the stories of a range of philanthropists and how we work, and walk, alongside them.

INDIVIDUALS & FAMILIES

TRUSTS

The Foundation works closely with donors and their families to manage their bespoke Named Funds. Similar to a charitable trust but without the governance and administrative burdens, our clients choose the themes and geography of their Fund whilst the Foundation manages the grant-making, due diligence and impact reporting. The Foundation can convene family panels and project visits for clients, bringing their philanthropy to life through first hand experiences.

The Community Foundation in Wales works with trustees of exisiting Trusts to steward their grant-making as is now recommended by the Charity Commission. This can be through managing grant programmes, advising on local grant-making, or through transferring the Trust to the Foundation, so alleviating the pressures of managing the Trust in the knowledge that its charitable objectives will continue to be diligently delivered.

CORPORATE PHILANTHROPY The Foundation has many years experience of working with businesses to maximise their corporate social responsibility ambitions. By providing an arms length, independent face for their corporate giving, the Foundation can collaborate with businesses to design strategic grant programmes in line with their business missions.

PROFESSIONAL ADVISORS & INTERMEDIARIES As philanthropy advisors the Foundation provides support and guidance to professional advisors to help achieve their clients’ philanthropic wishes.

The Foundation adds value to the services offered by a range of professional advisors, for example in estate planning and tax effective giving.

WORKING WITH THE COMMUNITY FOUNDATION IN WALES IS STRAIGHTFORWARD, EFFICIENT AND EFFECTIVE, BRINGING MEANING AND IMPACT TO YOUR PHILANTHROPY.

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INDIVIDUAL & FAMILY GIVING SLOMAN FAMILY The Foundation works with people to help them manage their philanthropic giving in Wales. When establishing a Named Fund, similar to a Charitable Trust, the responsibilities are taken on by the Foundation, whilst our donors enjoy deciding which themes they’d like to support. We ensure that all due diligence and governance checks are made, provide local knowledge and also demonstrate the impact of each client’s philanthropy through annual Impact Reports.

This example from the Sloman Family Fund demonstrates how giving through the Foundation has enabled this family to support an area of Cardiff which is important to them.

Martyn Sloman was born and brought up in the postwar Ely council estate in West Cardiff. Martyn’s parents were teachers in a local school, becoming active participants within the cub scouts, Sunday School and church network in the local area. As Martyn puts it, “There were a lot of people in that community really doing their best for others, and I owe them a debt of gratitude.”

Mr Sloman decided to establish his Family Fund with the Foundation a few years ago: “I had reached 60 and a lump sum pension kicked in. We were fairly comfortably off – not high net worth but very comfortably off. My wife was a founding Vice-Chair of the Community Foundation in Norfolk, where we now live, and we sat down and talked about it, and I said I’d like to fund something back in Wales if she was going to do this work in Norfolk. The two particular aspects that appealed to us were to discover that we could have our own Named Fund – the Sloman Family Fund – and secondly that it could concentrate specifically on Ely. Both of those made quite a difference to me in terms of giving – a Named Fund for a small area.”

One project which has received funding through the Sloman Family Fund is the inspirational Making Music Changing Lives. This community children’s orchestra is based on the Simon Bolivar model in Venezuela,

and provides the instruments and tuition to local children who would otherwise never have experienced music in this way.

“I didn’t realise the impact that it was going to have until I heard about it, and indeed saw about it on Songs of Praise. A grant of £500 from the Sloman Family Fund was used for the original purchase of instruments. I used to attend the Sunday School at the Church of the Resurrection, and I couldn’t play a triangle, frankly, or a cymbal. It’s been a huge success in an area that needs it. It gives people selfconfidence, it gives people self-belief, it gives people a sense of community involving the whole family. That is terrific!”

Mr and Mrs Sloman are now planning for the future, involving their children in the decisions on which charities and community groups to support, and adding to the Fund on behalf of the next generation. The lasting impact of the Sloman Family Fund continues to provide support for local community groups, and is a true example of a family giving back to the area in which they were raised.

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CORPORATE PHILANTHROPY

The Foundation works closely with a range of businesses which use our services to manage elements of their corporate social responsibility strategies. We draw on our professional grants team’s expertise to design and implement grant programmes which match our clients’ values, vision and marketing objectives. We train and support staff panels, incorporating customer feedback into programme design, and manage staff voting on grants. We also work with corporate allies and broader partners such as Capital Law, Learning Pathways Cymru, and ACCA Cymru to share expertise and support each others’ broader roles.

The Foundation’s leverage and expertise is valued by all of our clients.

ASDA CARRIER BAG COMMUNITY AWARDS

SANTANDER SOCIAL ENTERPRISE DEVELOPMENT AWARD (SEDA)

This year Asda commissioned UK Community Foundations to manage its community awards programme, distributing grants arising from the plastic bag levy pioneered by the Welsh Government in 2011 and now rolling out across the UK.

The SEDA awards support growing social enterprises and enterprising charities working for the direct benefit of their community. The Foundation worked with Santander for over three years, investing awards ranging from £5,000 to £50,000 to help entrepreneurial groups grow their social businesses and increase their impact under one of the target outcomes: improving social inclusion; supporting disadvantaged people through skills, training and employment; and creating a greener environment. An outstanding feature of this programme was that in addition to the financial awards, the winners also had access to a Santander business support programme. This included access to an impact assessment model, the opportunity to have a three month intern working in the organisation to help implement enterprising growth plans, and specialist social enterprise consultancy support. With the involvement of local Santander staff, and business and funding advice from the Foundation’s social enterprise team, award winners benefited greatly from this wrap-around support to help them to grow.

With £360,000 to award to volunteer-run community projects close to Asda stores across Wales, the Foundation has worked with the client to design a programme which features nominations and decisions being made locally, with customers, staff and local residents all getting involved in recognising the work of great community projects.

“We want the carrier bag charge to have long-term social – as well as environmental – benefits. By working with Community Foundation in Wales we have the opportunity to invest innovatively in our local communities, and we want this to support local projects and charities in every Asda mile.”

Richard Mason, Asda Senior Manager of community and corporate responsibility

ANNUAL REVIEW 2015 23

TRUSTS

CHARITY COMMISSION STATEMENT

The Community Foundation in Wales has a range of relationships with a number of other trusts and foundations across the UK. Trust clients include the Henry Smith Charity, Dulverton Trust, the Ashley Family Foundation and Comic Relief. The Esmée Fairbairn Foundation has supported our development, and Garfield Weston and the People’s Health Trust have commissioned specific projects.

The Charity Commission acknowledges that community foundations have a reputation for the effective management of charitable funds in order to maximise their impact at local level.

We are a trusted partner, working with fellow foundations in a manner which: • respects idiosyncratic knowledge and processes, whilst recognising common interests and ambitions • acknowledges each partners’ decisions and expertise • offers a range of decision-making models – along the continuum of ‘totally devolved’ to ‘recommend for decision’ • ensures excellent and bespoke programme design, and annual impact reporting Our services can be formally commissioned, but our friendship and collaborations can be informal and ad hoc. To our trust partners we are: an ally (in sharing information, signposting or managing the occasional small grant); a consultant (in delivering commissioned projects to explore specific agendas or issues); a grant-making agent (managing bespoke grant programmes in Wales); and a steward.

This latter role includes working with trustees of dormant charitable trusts, or those where the governance and reporting responsibilities have become onerous, to take on trusteeship or to wind-up trusts and create a Fund – whilst honoring the original philanthropic objectives of the donor.

The Charity Commission and community foundations have worked closely in recent years to ensure that trustees seeking to revitalise moribund (dormant) or ineffective trust funds (and who are looking for an effective way of carrying on their good work in future years) can release their funds to a community foundation as part of their appraisal of options.

The Charity Commission welcomes and supports this initiative and encourages all charities to ask themselves whether they should work with community foundations as an alternative to continuing, particularly if they agree with one or more of the following statements: • • • • • • •

We find it difficult to identify beneficiaries We cannot spend the income of the charity We find ourselves providing money to the same people or groups every year We find it difficult to attract trustees We would like to be involved in how the money is spent but we do not want the legal responsibility of being a trustee The work of administering the charity and its investment is becoming onerous or disproportionate to the level of funding We wish that we knew more about local issues and opportunities and who else was funding what

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WORKING IN PARTNERSHIP WITH PROFESSIONAL ADVISORS The Community Foundation in Wales works closely with a range of professional advisors to meet their clients’ charitable goals and offer a broad range of giving options. These can include establishing a personal Fund, leaving a legacy or gift in their will, or transferring the burden of running a charitable trust.

TEN REASONS PROFESSIONAL ADVISORS WORK WITH THE COMMUNITY FOUNDATION IN WALES: 1

We are knowledgeable – our professional grants team and research staff have a thorough knowledge of the needs in Wales.

6

We carry the financial and legal responsibilities of trusteeship, including governance, accounting and reporting.

2

We are flexible – a Named Fund operates in a similar way to a charitable trust, with clients choosing the causes and geographical areas they wish to support with the option to change these over time if desired.

7

We facilitate tax-effective giving – as a registered charity we are an ideal vehicle for all tax-effective giving. We also accept gifts of stocks and shares.

8

We are transparent – we charge a management fee for our services. We operate with very low core costs, which means more money can be distributed in grants to the community.

9

We ensure long-term effectiveness – our endowment funds testify to the sustainable nature of our charitable business, and clients with a Named Endowment Fund, make a real difference to people’s lives, now and for years to come.

We run a series of events throughout the year to raise awareness of our services to Professional Advisors, including legacy events with Geldards, ‘Philanthrop-oly’ with ACCA Cymru & KTSOwensThomas, and talks with a range of other professional advisors.

3

“My family already has our own Fund at the Community Foundation in Wales which supports physical and mental health projects across Wales. As we’ve recently changed this to an Endowment Fund we have now written into our will that 10% of our estate will be given to this Fund. We’ve got the flexibility to change our Fund Agreement at any time and have named our children as decision makers of this Fund so that they can help award grants without the burden of establishing our own charitable trust.”

Named Fund holder & Legacy Bequest client

4

5

We are quick and efficient – a Named Fund can be set up after one meeting, with no need to wait several months to register a charitable trust.

We make giving straightforward – the Foundation manages the whole grant-making process, including advertising, assessment, providing project summaries to clients, awarding funding, and undertaking monitoring.

We measure the impact of our grant making – each of our clients receives an annual impact report providing in-depth analysis of the grants made by their Fund.

10 We are impartial – we support a broad range of themes and do not favour any one particular cause or charity, funding the objectives and themes our clients wish to support.

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6. OUR FUND HOLDERS AND CLIENTS OUR FUND HOLDERS INDIVIDUALS & FAMILIES The Daisy Fund Dr. Dewi Davies Endowment Fund* The Dory Fund The Ferndale Fund The Lord Merthyr Fund Martin Groves Adventure & Travel Fund The Myristica Fund The Navigation Fund* The Royal Wedding Charity Fund The Skiathos Fund The Sloman Family Fund Wales in London Philanthropic Fund* The John Andrews Charitable Trust Fund

FUND FOR WALES Big Lottery Fund Waterloo Foundation Moondance Foundation Earl of Plymouth Estates Limited

BUSINESSES ASDA Bristol & West The Clarks ‘Giving Back’ Fund Coventry Building Society Community Fund Melin Tregwynt Santander Social Enterprise Development Awards Wales & West Utilities

FOUNDATION FUNDS AND TRUSTS

OUR STAKEHOLDERS

Anglesey Community Endowment Fund Cardiff Community Endowment Fund

Cardiff Citizens Charity

Education Trust for Cardiff Citizens

Foundation Schools Fund Denbighshire Community Endowment Fund Flintshire Community Endowment Fund Fund for Wales Gronfa Hiraeth/Staff Giving Fund The Gwent High Sheriffs’ Community Fund Hawarden & District Relief in Need Fund The Micro Venture Philanthropy Fund The Monmouthshire Further Education Trust Newport Community Endowment Fund Powys Community Endowment Fund

Foundation Powys Fund

Former Girls Grammar School Brecon

Llandrindod High School Charity Fund

Montgomeryshire District Trust Fund

Montgomeryshire Intermediate &

Technical Education Fund

Powys Welsh Church Act

Stanley Bligh Memorial Fund The Rudbaxton Parish Education Fund Wrexham Community Endowment Fund

Big Lottery Fund Esmée Fairbairn Foundation UK Community Foundations Welsh Government

CLIENTS Ashley Family Foundation Comic Relief The Dulverton Trust Garfield Weston Foundation The Henry Smith Charity Pears Foundation The People’s Health Trust Spirit of 2012 The Trusthouse Charitable Foundation Queen’s Trust

CAMPAIGNS Fund for Wales Big Match Challenge Surviving Winter Wales Wales Flood Recovery Fund

GIVING CIRCLES Funded by the Pears Foundation

High Sheriff of Clwyd Giving Circles

High Sheriff of Gwynedd Giving Circles

Micro Venture Philanthropy Giving Circles

Mostyn Hall Giving Circle

Peter Neumark Giving Circle

* These Fund holders’ gifts triggered match funding into the Big Fund for Wales Trust

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7. OUR FINANCES This information is from the full audited Annual Accounts for the year ending 31st March 2015.

The purpose is to give the reader an understanding of how the Foundation enables its grant making – our principal charitable activity. The full Annual Accounts (approved by the Trustees on 28th September 2015), Trustees Annual Report, and the Auditor’s Report can be obtained from the Foundation’s office or from our website www.cfiw.org.uk.

INCOMING RESOURCES £4.628m

RESOURCES EXPENDED £2.638m

CORE FUNDERS £115k

GENERATING FUNDS £168k

DONATIONS £1k

GOVERNANCE £61k

MISC £6k

PROMOTING PHILANTHROPY £106k

MANAGEMENT FEES £269k

GRANT ADMIN £135k

CHARITABLE ACTIVITIES £2.409m

GRANTS £2.168m DONOR FUNDING FOR BENEFICIARIES £2.110m

CONTACT Community Foundation in Wales St Andrews House 24 St Andrews Crescent Cardiff CF10 3DD T: 02920 379580 E: info@cfiw.org.uk W: www.cfiw.org.uk cfinwales @cfinwales Registered Charity: 1074655 Company Number: 03670680

ENDOWMENT INCOME FOR BENEFICIARIES £300k

NEW ENDOWMENT CAPITAL £1.827m

ENDOWMENT FUNDS £10.805m Donor capital for future beneficiary grant income

PROPERTY £300k

RESTRICTED FUNDS £1.783m Donor Funds for imminent grants to beneficiaries

INVESTMENTS £10.531m

UNRESTRICTED FUNDS £134k Working capital for the charity’s core operations

NET CURRENT ASSETS £1.780m OTHER NET ASSETS £111k

FUNDS £12.722m

NET ASSETS £12.722m Balance Sheet as at 31st March 2015