Named Immediate Impact Funds enable you to make a donation (usually every year), with the purpose of awarding the sum in grants either straight away, or at points throughout the year, to make an immediate impact.
An Immediate Impact Fund requires a minimum donation of £25,000 and allows you, the Named Fund holder, to support your chosen causes as soon as you wish.
We work closely with you to outline the key causes or areas which you wish to support through your philanthropy, summarised in a Fund Agreement.
Depending on how you would like to interact with your Fund the Foundation can present you with proposals which meet the themes of your Fund, allowing you to decide exactly which groups you’d like to support. We can arrange project visits before or after awarding your grants to give you a true insight into the difference your Fund is making. We carry out due diligence on all applications and fully assess each application before supplying you with your proposals.
The Foundation charges a management fee of 10% of the value of your donation to your Immediate Impact Fund.
One of our private clients established her Named Fund as the Skiathos Fund, a £100,000 Immediate Impact Fund to support young people in deprived parts of Wales. This Fund has made some life-enhancing grants to build confidence and experiences for young people to raise aspirations and build hope.