Endowment Match Challenge
This programme is now closed
About the programme
The Endowment Match Challenge aimed to raise £100m in donations through individual and corporate philanthropy and all donations received were matched with £50m of government investment. Endowment funds raised will continue to grow over the life of the programme to ensure a sustainable source of funding for communities in years to come.
CDF worked with UK Community Foundations (UKCF) to deliver this aspect of the programme. UKCF is a network of local Community Foundations providing a valued service for individual and corporate donors. Community Foundations support community groups and enable individuals and companies to contribute to local needs, sustaining stronger communities over the long term.
CCLA managed the investment of the endowment funds which were released quarterly to fund local social action projects through grants and other forms of social investment. The Social Investment Business and its parent charity, the Adventure Capital Fund, helped to develop social investment propositions.
Take a look at the video below to find out more about how the programme worked.