Barrow Cadbury Trust is an independent, endowed, charitable foundation and is the largest of the several dozen Cadbury family foundations. Building on its Quaker roots, it seeks long term solutions by looking at root causes of inequality.
The Trust is currently recruiting for an assistant manager as well as a programme officer for the Connect Fund - a £3 million fund which helps make social investment work better for a wider range of charities and social enterprises.
We spoke to Sara Llewellin, chief executive at Barrow Cadbury Trust, to find out about these job opportunities, the Connect Fund and what it’s like to work at the Trust.
Tell us about the roles you’re recruiting for
For the assistant manager post we are looking for someone with a good grasp of the social investment ‘landscape’ and familiarity with social sector infrastructure as well as having experience of managing budgets or funds alongside grant and/or investment assessment and management skills.
For the programme officer post we are looking for someone highly motivated with good IT, digital, people and organisation skills. All our staff are driven by a personal commitment to social justice.
Tell us about the Connect Fund
In December 2016, the Trust was asked to partner with Access - the foundation for social investment - to run the Connect Fund. Access was set up by Big Society Capital, Cabinet Office and the Big Lottery Fund in 2014 to provide a mix of grants and loans to develop the social investment market.
The Connect Fund, previously known as the ‘Social Investment Infrastructure Fund’ is a £3 million fund which supports intermediaries and infrastructure organisations to make social investment work better for a wider range of charities and social enterprises.
As a social justice foundation with an interest in social investment, Barrow Cadbury Trust has long had concerns that the investment products on offer do not always serve large sections of the social sector. Blended finance and better shared tools should have a transformative effect on new entrants and existing investees alike. We were therefore delighted to be Access’s delivery partner.
Why is the Trust interested in social investment?
Like many charitable trusts, the Barrow Cadbury Trust has traditionally used its endowment to invest in mainstream investments, albeit with an ethical filter, and has used the income generated to fund our programme of work. In 2010, the trustees decided to use part of the endowment to further the aims of the Trust through investments in charities and social enterprises, aiming to achieve both a social and a financial return with the funds. We recognise, however, that social investment is not always the most suitable solution, but is one of a range of financing options.
The primary purpose of our investments is to develop the market, so we tend to invest in novel products, more challenging issues, or to be an early investor in promising approaches. Since 2010, Barrow Cadbury Trust has allocated £4.7 million to 26 different social investments and is recognised as being one of the leading foundations engaged in social investment. Find out more about our current social investments.
The Trust is keen to work with other social investor networks to share learning and knowledge, and grow the market. We also support research and policy work, for example helping to steer IVAR’s 2016 study on smaller charities and social investment.
Why would someone want to work at Barrow Cadbury Trust?
This is an exciting time for social investment, as the sector grows and matures. Barrow Cadbury Trust, the Access Foundation and the wider sector see the Connect Fund as being a critical factor in broadening access to this form of funding. At the same time, all those working in the social sector face a challenging time, with the context in which we work going through a state of considerable flux. The Trust is recognised for its thoughtful approach, its partnership working and the quality of what it does. Joining the Trust brings both responsibility and opportunity, particularly as we develop and deliver this new programme of work.
Find out more and apply for the assistant manager, Connect Fund role at Barrow Cadbury Trust
Find out more and apply for the programme officer, Connect Fund role at Barrow Cadbury Trust
(This job vacancy has now expired)