Impetus Trust

"Impetus Trust is the pioneer of venture philanthropy in the UK."

"A seminal article appeared in the Harvard Business Review in 1997, called: "Virtuous Capital: What Foundations Can Learn from Venture Capital," by academics Christine Letts, William Ryan and Allen Grossman. In this article it was argued that grant-makers did not place enough importance on building the capacity of the organisations they funded, as most funding went to projects.  The writers explored the idea of adapting the venture capital model to the not-for-profit sector.

"In addition, it was proposed that rather than just giving funding, there could be huge benefits from a more integrated approach. This would include providing tailored expertise and management support, alongside core funding, to help a charity reach specific growth targets.

"These ideas were taken on board by a number of individuals, and this new 'venture philanthropy' approach and in the late 1990s a few US organisations began to put it into practice.

"It quickly proved to be successful approach, and the movement spread to other countries. Impetus Trust was founded in 2002, as the first venture philanthropy organisation in the UK."


 * Corporate Supporters

Staff
Accessed October 2012:


 * Daniela Barone Soares, Chief Executive
 * Michelle Benson, Director of Philanthropy and Partnerships (Maternity Cover)
 * Chiku Bernardi, Investment Director
 * Amanda Crawford, Pro Bono Manager
 * Elly De Decker, Investment Director
 * Julia Grant, Portfolio Director
 * Amie Hoyland, Deputy Director of Philanthropy and Partnerships
 * Alan Morton, Investment Manager
 * Meredith Niles, Investment Director (Maternity Leave)
 * Jenny North, Director of Policy and Strategy
 * Pedro Sampaio, Investment Associate
 * Raman Sidhu, Portfolio Analyst
 * Kawika Solidum, Deputy Director of Communications
 * Amy Stillman, Director of Communications
 * Amelia Sussman, Investment Director
 * Judith Twentyman, Finance Director
 * Nicola Wagner-Rundell, Investment Manager
 * Joanna Walker, Director of Philanthropy and Partnerships (Maternity Leave)
 * Zoe Whyatt, Investment Director
 * Sarah Young, Investment Director

Foundations Supporters

 * Andrews Charitable Trust, Charities Aid Foundation, City Bridge Trust, City Parochial Foundation, Coller Foundation, Esmée Fairbairn Foundation, ExPat Foundation, J Paul Getty Jnr Charitable Trust, Lindenleaf Charitable Trust, Lloyds TSB Foundation, Man Group plc Charitable Trust, NESTA, Private Equity Foundation, Gatsby Foundation, Henry Smith Charity, Monument Trust, Sainsbury Family Charitable Trusts, Rank Foundation, Schroder Foundation, Sutton Trust, Trust for Education, Tuixen Foundation

Trustees
Accessed October 2012:


 * Louis G. Elson, Chairman
 * Nat Sloane, Vice Chair
 * Marc Boughton
 * Stephen Dawson
 * Craig Dearden-Phillips
 * Amelia Fitzalan Howard
 * Andy Hinton
 * Ian Meakins
 * Chris Underhill

Advisory Council
Accessed October 2012:


 * Ian Armitage, David Carrington, Jamie Cooper-Hohn, Dan Corry, Martin Dickson, John Elkington, Amelia Chilcott Fawcett, Alastair Gibbons, Grant Gordon, Michael Green, Sir Tony Hawkhead, Christine Hodgson, Dianne Jeffrey, Josh Lerner, Ian Meakins, Henrique de Campos Meirelles, Elizabeth Riker, Ryan Robson, Julian Salisbury, Joseph Schull, Finlay T. K. Scott, Andrew Sibbald, Anne Wade, Richard Wilson (Apax), Patrick Younge

Contact
Web: http://www.impetus.org.uk

Related Sourcewatch

 * Julia Middleton
 * Children Our Ultimate Investment
 * Chris Mathias
 * St Giles Trust
 * Elizabeth Martin - former marketing manager