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An endowment for the social sector

An endowment for the social sector

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An endowment for the social sector

  1. 1. An Endowment for the Social Sector in Barking and Dagenham London Policy Network 11th March 2021
  2. 2. Period of de-industrialisation, unprecedented population growth and demographic change 2006 Election of BNP councillors Creation of the B&D Model of community engagement 2010 Defeat of BNP Cllrs and Nick Griffin 2014 New leadership and the emergence of Civic Socialism Past Present 2015 Independent Growth Commission Our Journey • The participation & engagement agenda comes from the fight against the far right. • From the B&D model of Community Engagement comes an approach to local government that is resident-first, moving away from paternalism and towards participation. • This is a communitarian belief that people need to feel agency over their lives in order to feel invested in a community.
  3. 3. Strategic Framework • Participation is rooted at the at heart of our Strategic Framework, with both our VCSE Strategy and Corporate Plan for 2020 to 2022 embedding the principles of Participation and Engagement throughout the Council’s services. • In the Single Performance Framework for 2020-2022, Participation and Engagement makes up a quarter of the framework, a significant chunk. • This commitment to Participation has helped to create the conditions in which an Endowment fund can be created for and run by the Social sector. This is a genuine transferring of power through collaboration and partnership, which is enabled by our supporting Strategic Framework.
  4. 4. Role of Social Infrastructure • A strong and independent Social Infrastructure is key to this new approach. The newly formed BD_Collective and BD Giving are actively building the capacity of and with the Social Sector and the Endowment will further support that growth. • The Social Sector will continue to be supported by the Endowment as it provides a sustainable and transparent source of income for the long-term. Building Capacity with Social Sector A Relational Council Developing Opportunities to Meaningfully Participate Facilitating Democratic Participation
  5. 5. Making it easy for everyone to give to things that matter” – Emerging model Crowdfunde r Local lottery Every One Every Day Volunteering Barking & Dagenham Giving Endowment Fund Neighbourho od Fund FUNDERS COMMUNITY BUSINESS Procuremen t (Social value) Corporate volunteering
  6. 6. Key decisions Decisions by Cabinet in the past couple of years include: • A decision to designate the entire borough as the ‘neighbourhood’ for the purpose of spending NCIL collections • A decision to distribute this funding through a pot of money immediately accessible, i.e. the Neighbourhood fund, and to invest the rest of it to support the community in the long term. • The overall ambition to move from a model where the council does itself, to one where it partners with and entrusts others to do.
  7. 7. Core principles of the endowment • Sustainability, with a particular focus on future generations. ✦ any expenditure which risks depleting the capital is the exception not the rule ✦ People, planet, profit • Inclusive participation: involving the community in setting the overall direction of the fund and reviewing its performance and impact • Representation: ensuring that local people have a chance to make decisions concerning this fund, including by sitting on any governing or advisory board that might be established
  8. 8. Design workshop feedback
  9. 9. Governance
  10. 10. Thank you! Twitter: @givingbd Linkedin: https://www.linkedin.com/company/barking-dagenham-giving Website: bdgiving.org.uk/endowment-fund/ Contact: geraud@bdgiving.org.uk

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