1. Giving grants.
2. The way they manage their investments.
3. Their power to convene and communicate.

The problems they face are urgent, including the huge changes to the nature of work, major regional economic imbalances, and long-term environmental issues, such as climate change, that have the potential to impact on the economy. In light of this, they’ve made some decisions to change the way they operate.

Using all of their resources – spending capital

They will use their capital endowment, not just their income, to fund suitable quality projects.

Core funding

They will consider more core funding of organisations with whom they have built a relationship of trust.

Aligning their investment and operations – Investment Engagement

The Foundation has developed a new function – investment engagement. Trustees identified some key themes to underpin and focus their proactive work, drawn from what they have learned so far or key developments in their programme areas.