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020 7738 2348<br />

News<br />

October 2015<br />

Kensington, Chelsea & Westminster Today 9<br />

online: www.KCWToday.co.uk<br />

Generosity can<br />

heal communities<br />

but donors need to use their<br />

heads and hearts<br />

Gina Miller – Miller Philanthropy<br />

& SCM Direct.com<br />

During July and September, The Lord<br />

Mayor of London established a City<br />

Giving Day initiative to raise money for<br />

charity and as we approach Christmas<br />

there will be many calls to sponsor,<br />

attend and support numerous fundraising<br />

events. Many will be accompanied with<br />

heavyweight, personalised invitations and<br />

slick marketing campaigns. It is a time<br />

of giving, but think before you give – and<br />

give smarter.<br />

I am a passionate believer in<br />

corporate citizenship and conscious<br />

capitalism, which could simply be<br />

described as being good but is more than<br />

that. It recognises the fact that without<br />

a higher sense of purpose, without<br />

exercising individual and collective<br />

responsibility, social injustice spreads and<br />

festers, destabilising the communities we<br />

live in. For companies, there needs to be<br />

a ‘giving back’ to the communities that<br />

afford their success - about purpose and<br />

profit, not either or.<br />

The truth is that no government or<br />

political party will have enough money<br />

to resolve some of the deep seated social<br />

issues facing our society. So to leave<br />

the world a safe and stable place for our<br />

children and future generations – to<br />

plant a tree whose shade we will never<br />

sit under – we have to come together in<br />

a stream of conscious capitalism that will<br />

see collaboration between individuals<br />

and the private, public and social sectors.<br />

For corporate givers, it needs to be so<br />

much more than a day of giving. The<br />

give has to be more than money but a<br />

breadth of resources, skills and thinking<br />

deployed in a smart, strategic manner.<br />

There is no shortage of self-serving,<br />

corporate philanthropic initiatives or<br />

gifts that lead to photo opportunities<br />

for CEOs or board members. Often,<br />

however, they simply go to charities and<br />

projects that have ‘charity’ above the<br />

door, which in the back room are all fat<br />

salaries, inefficiency, poor governance,<br />

and poor outcomes. I believe business<br />

leaders, successful individuals and<br />

professionals should also be leaders<br />

in social problem-solving and funders<br />

of innovative, long-term<br />

solution driven projects and<br />

smaller dynamic community<br />

charities dealing with the<br />

most vulnerable and isolated<br />

in society.<br />

As investment managers<br />

we have procedures, processes,<br />

and due diligence governance<br />

in place when engaging with<br />

prospective clients, partners,<br />

suppliers and distributors.<br />

We simply use these same<br />

practices and procedures in<br />

the work our foundation<br />

does. I meet incredibly<br />

bright, successful people and<br />

companies who think they<br />

can’t make a giving decision –<br />

what they need, in my view, is<br />

to apply their heads as well as<br />

their hearts.<br />

Shockingly, less than<br />

1% of charities in the UK<br />

generate over half of the<br />

sector’s income, leaving the<br />

true charity and community<br />

heroes, who work relentlessly and<br />

selflessly to make society a better place<br />

for us all, battling to attract the money<br />

and resources they need. Unless funders<br />

change their giving habits, thousands<br />

of smaller charities that undertake<br />

transformational work will cease to exist<br />

over the next two years. Therefore, I<br />

urge all donors and philanthropists to<br />

embrace smarter giving.<br />

Right to Buy:<br />

Kensington and Chelsea set to<br />

sell off council homes<br />

by Rosie Quigley<br />

Over 60,300 council homes from<br />

Boroughs across London face being<br />

sold off under new government plans<br />

to extend the Right to Buy scheme to<br />

housing association tenants. Analysis<br />

from housing and homelessness charity<br />

Shelter suggests that the boroughs of<br />

Westminster, Kensington and Chelsea<br />

and Camden will be hit the hardest by<br />

these plans.<br />

The new extension of the scheme<br />

would mean that council houses, worth<br />

more than a set threshold for the area,<br />

would be sold once they become vacant.<br />

The profits made would then be used<br />

to fund discounts of up to £100,000 for<br />

housing association tenants who wish to<br />

take up the Right to Buy.<br />

Kensington and Chelsea will be<br />

forced to sell a disconcerting 97% of its<br />

council properties, over 6,600 homes,<br />

and Westminster will sell approximately<br />

76% of their total council housing stock.<br />

However, according to Shelter’s analysis,<br />

the borough of Camden will be the worst<br />

off in the capital where the equivalent of<br />

50% of its council homes, 11,000, will<br />

be sold.<br />

Campbell Robb, Shelter’s chief<br />

executive, says:<br />

“At a time when millions of families<br />

are struggling to find somewhere<br />

affordable to live, plans to sell off large<br />

swathes of the few genuinely affordable<br />

homes we have left is only going to make<br />

things worse.<br />

“More and more families with barely<br />

a hope of ever affording a home of their<br />

own and who no longer have the option<br />

of social housing, will be forced into<br />

unstable and expensive private renting.<br />

“The government needs to scrap this<br />

proposal and start helping the millions<br />

of ordinary families struggling with sky<br />

high housing costs. If George Osborne<br />

is serious about turning around the<br />

housing crisis, the autumn spending<br />

review is his last chance to invest in the<br />

genuinely affordable homes this country<br />

desperately needs.”<br />

The recent analysis from Shelter<br />

comes just as Westminster Council’s<br />

own research has suggested that<br />

Government rent cuts could further<br />

restrict the council’s ability to build<br />

new homes. According to Westminster<br />

council, Government imposed rent cuts<br />

of 1% per year for four years will cut the<br />

Government’s housing benefit bill whilst<br />

costing Westminster’s Housing Revenue<br />

Account £32 million over the next four<br />

years. This will mean that Westminster<br />

Council will be forced to make extreme<br />

cuts to the quality of current properties<br />

or plans for new affordable housing.<br />

Westminster Council’s research also<br />

indicates that the Government’s planned<br />

freeze on local housing allowance in<br />

the private sector will see an increased<br />

number of families becoming homeless.<br />

Councillor Adam Hug, Leader of the<br />

Labour Group, says:<br />

“It becomes clearer each day that the<br />

Conservative Government’s housing<br />

plans could sound the death knell for<br />

social housing in Westminster and<br />

the mixed communities it provides a<br />

home for. The Council must do more<br />

to challenge their Tory chums in<br />

Parliament and Whitehall to scrap the<br />

forced housing sales and think again<br />

about how to finance new homes.”<br />

Photograph © Shelter

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