Endowment Match Challenge

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Endowment Match Challenge

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The Endowment Match Challenge aims to raise £100m in donations through individual and corporate philanthropy. Donations received will then be 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 will be working with UK Community Foundations (UKCF) – 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. Community Foundations will set up endowed funds for donors and the Endowment Match Challenge will increase the value of donors’ funds by 50%. The target is to create an overall endowment of £150m, £100m of which will be private donations topped up by £50m of government match. CCLA will manage the investment of the endowment funds. Endowment funds will be 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, will help develop social investment propositions.

If you are interested in making a donation through the Endowment Match Challenge, use the postcode search (top right of this page) to find out where your local Community Foundation is based and make contact with them. If you are interested to find out how setting up an endowment fund could benefit your company please read our guide for corporate donors. For more information, please email communityfirst@cdf.org.uk or call 0207 833 1772 and press ’1′ for a member of the Programmes team.