14th July 2022
We’re excited to announce that our online survey has gone live.
Click here to take part and help us develop our new five-year strategy
It is vital we understand your views and feedback on challenges facing Cumbria and how the Foundation can best respond to them and grow our grant making funds. Your feedback is warmly welcomed and will help us develop a new strategy based on what we hear during the listening exercise. We’ve appointed an independent organisation, Stand to help us do this.
Background
In 2017, the Foundation created a five-year business plan which was informed by the findings of our Cumbria Revealed Community Needs Report.
The plan contained ambitious targets to double endowment funds from £15M to £30M and to raise base grant making from £1.4M per annum to £2.8M per annum.
At the end of March 2022, the Foundation’s endowment was £27.5M and grant making in 2021/22 was £4.4M with the Foundation managing over 100 active grant making funds.
In addition, the Foundation has made more multi-year awards to groups (48 in 21/22 in comparison with 12 in 17/18), more grants for core organisational costs and larger awards (average grant size in 21/22 was £10,351 in comparison with £4,357 in 17/18).
Now it’s time to refresh our strategy and we want to make sure we are responding to what our stakeholders think is important, so please help us by completing the online survey, which will be open until 9th August.
Thank you in advance for taking the time to help shape the future work of the Foundation.