Philanthropy for the 21st Century Charity 2020 Farrers 21 May 2019 Director – Margaret Hyde Here particularly to introduce our new Application Guidelines, which came out in May 2003. Now plan to update our Application Guidelines each year.

Esmee Fairbairn Our endowment was £1bn as at December 2017 £35m a year in grants £45m allocation to social investment (£5m a year) Single team (social investment and grant making as tools) New models and tackling systemic injustice Facilitators and assessors of risk and impact Contribution not attribution and focus on learning Multi-year funding, presumption for unrestricted/core funding Strong ESG Strategy

Scope Arts Children and Young People Environment Food Social Change Organisations at a pivotal point | Emerging talent | Instrument for social change Children and Young People Development and rights of the vulnerable | Root cause of low educational attainment and challenging behaviour | civic and political representation of those under-represented Environment Connecting people with nature | large scale conservation on land and at sea | Countering effects of human activity | lesser known plants, animals and organisms Food Local alternative innovation | Food and wellbeing | More coherent sustainable good section Social Change Participation of marginalised people | Place and revitalising community life | Injustice and systemic change

Trends/Expectations Collective Impact Unusual Alliances Collective Outcomes| Evidence and Impact | Strategic Communications and Advocacy Unusual Alliances Seatbelt model | Plastic Packaging and Palm Oil | Disruption and Innovation Alternative Models | Strategic Litigation | Early Indicators (Full Facts) Inclusive Local Economies Preston Model | Circular Economy | Community Ownership Capacity Building/Infrastructure Digital and Data | Trading revenues/finance| Impact Funding Practice Market Data Platform | Funder Collaborations | Listening Fund | 100% Impact

Collective Impact

Unusual Alliances

Disruption and Innovation

New Inclusive Economies

Capacity Building/Infrastructure

Funder Practice

What we have learnt Understand and embrace risk… …it reduces time, costs and complexity, learn from failure, build trust and innovate. Get the right expertise…. …Through co-design, co-production to understand the changing environment. Attribution is a zero sum game. Know your onions…. …not the mechanism but the sector or issue and the change you want to make. Impact is key… …it defines the approach to due diligence, funding practice and risk. It is a judgement not a metric. Embed open learning in your day to day… …. if you aren’t feeling uncomfortable you are not being challenged and are not learning

Final Thoughts

Kings Place 90 York Way London N1 9AG +44 20 7812 3700 www.esmeefairbairn.org.uk As above