Agenda item

The Committee received a report of the Chief Grants Officer which set out the main findings of the Philanthropy Review commissioned by the Trust in September 2015. This looked at the effectiveness of the various strands of work supported by the City Bridge Trust, and to make recommendations for the Trust’s strategic direction in for the future. The Review included:

·         City Philanthropy – a Wealth of Opportunity, together with Beyond Me, the City Funding Network and the Beacon Awards

·         London’s Giving, and the related grants to Islington Giving and East End Community Foundation

·         Heart of the City

·         Spice

·         The Lord Mayor’s Appeal Charity and City Giving Day.

Overall, the Review found that the Trust’s support had been largely positive, and underlined how each aspect complemented the others. However, it also found that more could be done to co-ordinate the five projects better to maximise their impact, and highlighted areas of future need regarding infrastructure in order to create stronger, more reliant communities. Members discussed the report, and requested a report analysing the outcomes of strategic initiatives be presented at a future meeting, as well as further information regarding future funding of Heart of the City and its long-term sustainability.

RESOLVED – That:

a)    officers to bring proposed next steps to the September Committee Meeting.

b)    officers bring specific proposals for the future funding by the Trust of City Philanthropy – a wealth of opportunity, and London’s Giving to the September Committee Meeting;

c)    further details regarding future funding of Heart of the City and Spice (Time Credits) be brought to a future Committee meeting;

d)    a report analysing the current position and outcomes of the Strategic Initiatives funded by the Trust will be presented at the November Committee meeting; and

e)    the report be noted.