Scope launches scheme for philanthropists to sponsor charity shops
- 19 Sep
Supporters will see their donations 'triple in value in five years', according to Richard Hawkes, chief executive of the disability charity
Scope has launched a new scheme that asks wealthy people to sponsor new charity shops.
The disability charity said that £50,000 covers the cost of opening one of its shops, which will then generate £30,000 a year towards funding its work.
It is asking philanthropists either to donate the money or make loans that can be repaid in two years.
The fundraising scheme has been trialled over the last year and Scope aims to attract enough donors to open 15 new shops by March 2013.
During the pilot, eight donors lent a total of £100,000 to open two shops in Cambridgeshire.
The charity said the new shops, in Ely and St Neots, which opened in March, have been exceeding their fundraising targets.
The charity has 235 shops. In 2011/12 the stores made £2.9m for the charity's work, an increase of 27 per cent on the previous year.
Richard Hawkes, chief executive of the charity, came up with the idea, which the charity hopes will appeal to philanthropic-minded entrepreneurs and business people.
"We are making donations go much further. By helping us open a new shop, a supporter will see their donation triple in value in just five years.
Scope is about making this a better place for disabled people - this new way of fundraising means we can run more campaigns and provide more services that help us to achieve that vision."
Isabel Hudson, chair of the National House Building Council and a long-time Scope supporter, put money towards one of the new shops in Cambridgeshire.
"People are interested in giving money if they know it is having a real impact. They are interested in seeing how their donations can be used most effectively. People that make significant donations are interested in getting the most value.
That can be difficult with a one-off donation. But anything that can provide ongoing value becomes twice as attractive. This scheme is value for money."
The charity said the sponsor-a-shop scheme was part of its plans to look into creative fundraising mechanisms. In June, Scope became the first operational charity to issue bonds, raising £2m in the first tranche.
Source: Third Sector
- 19 Aug
New supported housing facility to be built in Middlesbrough
The site has been developed by Riverside to provide supported housing, comprising of 20 self-contained flats for social housing and training facilities to support people into employment, reports the...
- 17 Aug
Supported living accommodation plans submitted in Leamington Spa
HB Villages Developments Ltd have made the application which will include a two-storey residential building of 16 self-contained one bedroom supported living apartments, reports The Leamington...
- 14 Aug
Young people in Sheffield given help to live independently
The course is run by Guinness Care and Support at the Sheffield Foyer, which is a 60-room scheme that provides accommodation for young people aged between 16-25 such as care leavers and young...
- 14 Aug
A new supported living scheme has opened in Paignton
Bridgman House has been opened to provide care for up to eight young people in transition from the family home, education or residential care, reports The Torquay Herald.The property is in the town...
- 13 Aug
Homelessness charity opens furniture shop in Nailsworth
Emmaus Gloucestershire has opened a shop in Nailsworth that sells upcycled furniture, allowing customers to have the opportunity to bring old furniture in to be restored or adapted to particular...
- 05 Aug
Restaurant in London helps to tackle youth homelessness
Alone in London, a charity that provides support, training and mediation for young homeless people and young people at risk of homelessness has joined forces with The Breakfast Club to create a...
- 04 Aug
Housing group’s supported housing contract extended
Progress Housing Group provide supported housing and support services for women and children fleeing domestic violence and young people facing homelessness, reports 24dash.Progress Housing manage a...
- 30 Jun
Empty homes fund launched by Scottish Government
The fund is to be used to revamp empty homes and convert derelict commercial spaces into affordable housing, reports Inside Housing. Under the scheme housing associations will be able to apply for...
- 22 Jun
People with vulnerabilities to receive support from new care scheme
People with vulnerabilities and people who are socially isolated in Reading are set to benefit from a new scheme run by GPs and Age UK, reports Get Reading. North West Reading NHS Clinical...
- 18 Jun
New initiative sees young people create food parcels for the homeless
The group of eight young people from Charles England House, a specialist young people’s housing scheme run by Merlin, put together 50 food parcels, reports 24dash.This new project is part of a new...
Exempt Accommodation, Welfare Reform and Vulnerable Tenants Another excellent session from Support Solutions - excellent value for money and excellent training D.A - St Vincent's Housing Association