Productive year for trust

By Helen Warrell, Third Sector, 17 October 2007

The Impetus Trust, a venture philanthropy organisation, has published its first progress report, which indicates that in one year it has helped its partner charities increase their incomes by 20 per cent and help 50 per cent more beneficiaries.

The trust's pioneering method uses private equity techniques to help charities counter financial difficulties, increase their capacity and improve their social impact. Volunteers from private finance backgrounds are matched with charities and work with them over the long term. Of the nine third sector organisations with which Impetus works, six...