Crisis Urban Investors offers donors 'clear picture of social return'

Skills and employment centres will save taxpayers money, according to independent analyst

Homelessness charity Crisis has launched a new investment programme that offers donors a precise measurement of the social return on their money.

The programme, called Urban Investors, offers donors the chance to put money into the charity's Skylight education, training and employment centres, and will report every six months on how well that money has been spent.

Independent economic analyst Oxford Economics worked with Crisis to track the value of each £1 spent in Skylight centres and has predicted that the saving to the taxpayer will be an average of £3.92 per £1.

"Many charities report back on the impact of their work," said Leslie Morphy, chief executive of Crisis.

"Urban Investors takes this to the next level. Investors can see exactly where their money is going and the value it is delivering. Investors can hold Crisis fully accountable. This marks a watershed in charitable giving."

David Ainsworth recommends

Crisis

Read more

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Register
Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus