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Overview"Social finance and social investment are not challenging concepts to grasp. They use commercial-style investment tools to create a social as well as a financial return. The application, however, is not always as straightforward. This book begins in the wider field of social finance but focuses primarily on social investment as a tool. The reader is helped to understand this from different angles: introducing social investment, discussing social investment and taking a ""deep-dive"" into it to bring it to life. This unique book takes the reader on a journey from first principles to detailed practical application. This book examines the policy context and asks why social investment has only recently become so popular, when in reality this is a very old concept. This is linked to the agenda of making charities more ""business-like"", set against the changing face of investment, as charities can no longer rely on donations and grants as guaranteed income. The work they do is more important than ever and social investment, used with care, offers a new opportunity that is further explored in this text. Mark Salway, Paul Palmer, Peter Grant and Jim Clifford will help readers understand how a small amount of borrowing, or a different business model focused away from grants and donations, could be transformational for the non-profit sector." Full Product DetailsAuthor: Mark Salway , Paul Palmer , Peter Grant , Jim CliffordPublisher: Taylor & Francis Ltd Imprint: Routledge Weight: 0.453kg ISBN: 9780367556280ISBN 10: 0367556286 Pages: 326 Publication Date: 29 October 2020 Audience: College/higher education , General/trade , Tertiary & Higher Education , General Format: Paperback Publisher's Status: Active Availability: In Print This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of Contents1. Editor’s introduction; 2. How to use this book; 3. The purpose of this section: Introducing social investment; 4. The landscape of social purpose organisations; 5. What is social investment today? Definitions, sources, and types of investment; 6. Why do charities need new funding models?; 7. How did we get here? The very fine history of social finance; 8. What do social purpose organisations and investors want from social investment? Matching supply and demand; 9. Are we ready for social investment? Re-imagining charity business and operating models and governance principles; 10. How do we begin thinking about social investment? The nine components of social investment. A model; 11. The purpose of this section: Discussing social investment; 12. The case for social investment, and how to ‘democratise’ capital; 13. It’s all about the culture?; 14. What do family offices and foundations want from social investment?; 15. Critiquing social finance: are there alternative models?; 16. Impact measurement in social investment; 17. Can social finance become sustainable?; 18. What about small charities and social investment?; 19. What does the future of social investment look like?; 20. The purpose of this section: Doing social investment; 21. Social Investment: a practical outline; 22. Finding the right funding; 23. Structuring the deal; 24. The importance of due diligence; 25. Accounting for social investment; 26. Reporting on impact, and the importance of good data management; 27. Governance aspects of social investmentsReviewsAuthor InformationMark Salway FCA is a Chartered Accountant with over 20 years of finance experience in the charity sector. He has been Finance Director at several large charities, and also worked as a management consultant at both commercial and non-profit organisations – such as the UN, Age UK, the Wellcome Trust, and WSUP (Water and Sanitation for the Urban Poor) – and with the government. Mark was invited into Cass Business School, Centre for Charity Effectiveness (Cass CCE), to start its fledgling work on social investment and social finance. He led this successfully for five years. This eventually changed into focusing on financial sustainability and nonprofit business models. Mark currently runs the consulting services to charities at Moore Kingston Smith, a major UK accounting and advisory firm. He also runs several MSc modules at Cass Business School, where he is continuing his research work. Tab Content 6Author Website:Countries AvailableAll regions |