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Funder Commitment on Climate change Report, year 3
Climate change is an existential threat to humanity and the planet we call home. As many have reflected, it has no vaccine. Its economic, social and health impacts will dwarf those of the COVID-19 pandemic – unless we step up our response, and fast. We believe a key reason for inaction on climate change by potential funders is the difficulty both in understanding the issue and in finding effective solutions. This resource pack was developed to help funders overcome these challenges. It provides a range of useful and accessible sources of information on climate change: why it is so urgent, how it impacts other charitable causes, what the solutions are, and how funders – whether through grantmaking, operations or investments – can make a difference.
The Funder Commitment on Climate Change is a holistic, high-level framework for foundations - whatever their size, mission, or area of benefit - to play their part in tackling the causes and impacts of climate change. It was launched in November 2019, and since June 2020 has been hosted by the Association of Charitable Foundation (ACF). This UK initiative has inspired foundation networks in France and Spain to develop parallel commitments, and there are also plans for national commitments in other states and a global version. ACF invited all current signatories to respond to a simple survey of actions taken under each of the elements of the Funder Commitment. Funders were invited to make a simple self-assessment of their progress in each area - the collated results of which are shown as bar charts in this report. ACF also took this opportunity to ask signatories about how ACF can best support peer learning and further action, and finally to gather some basic data about the signatories to inform future work.
Investment: The Pillars of Stronger Foundation Practice is the fifth report emerging from ACF's Stronger Foundations initiative. It sets out seven characteristics of excellent practice, which include prioritising mission when setting investment objectives, holding investment managers to account, and seeking to influence the investment behaviour of others. Informed by 18 months' gathering evidence, the report also emphasises the role of each and every trustee in engaging with the foundation's investments, and seeks to demystify investments by providing clear explanations and examples. It also highlights the importance of seeking a wide range of views, ensuring diverse voices are heard and learning from peers in the foundation sector and beyond. It complements previous reports from the Stronger Foundations initiative which encourage foundations to consider using 'all the tools in their toolbox' to achieve impact.
This is the sixth annual edition of Family Foundation Giving Trends. It provides an uptade on annual charitable spending by the top 100 family foundations - a key indicator of the contribution of UK philanthropists, past and present. The report has been revised as part of a new series of foundation briefings published by ACF and CGAP with support from Pears Foundation. Foundations may be funded through families, individuals, family businesses, companies, government, or fundraising, and this report specifically focuses on family foundations.
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