Inspiring Impact has today announced that it has secured funding to continue its work for a second year. The programme will build on its first year successes by developing a digital resource to help charities and social enterprises bring their impact plans to life. This platform will incorporate an online marketplace where organisations can find the right impact measurement tools for them, as well as a healthcheck to help identify their strengths and weaknesses.
The Inspiring Impact programme, which aims to change the way the UK voluntary sector thinks about impact and make high quality impact practice the norm for charities and social enterprises, was first launched a year ago this week and recently published two ground-breaking reports—The Code of Good Impact Practice and The Funder Principles—to support charities and funders to think about how they improve the way they plan, manage, measure and review impact.
The Cabinet Office, The Big Lottery Fund and Deutsche Bank will be funding Inspiring Impact for the second year in a row, and new funders include The Barrow Cadbury Trust, Paul Hamlyn Foundation, The Calouste Gulbenkian Foundation, BBC Children in Need and Nominet Trust.
Minister for Civil Society Nick Hurd said:
‘Money in all industries is having to become more accountable and the voluntary sector is no exception. Funder-beneficiary relationships are being transformed by the need for measurement and the demonstration of effectiveness. Although this can sound daunting, organisations can turn this to their advantage with the right tools and training. Programmes like “Inspiring Impact” really are bringing us the right ideas at the right time.’
Tris Lumley, Head of Development at NPC, which manages the Inspiring Impact programme, said:
‘We’re delighted to have the backing of a growing group of funders for what we have always known is a long term programme. Funders have a critical role to play in the sector’s impact practice, shaping incentives as well as funding evaluation. We’re excited to be working with these leading funders to help transform impact practice over the next decade.’