Impact Report 2019
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The Society Foundation<br />
The Society Foundation is an independent charity we helped to set up in 2014.<br />
We fund it with an annual donation, equal to at least 10% of our profits. In<br />
<strong>2019</strong> it gave out five grants to organisations that help potentially vulnerable<br />
people into paid employment.<br />
The Society Foundation typically offers ‘microgrants’ to small or growing<br />
organisations with a turnover of up to £500,000. The beneficiaries it seeks to<br />
prioritise include the recently homeless or vulnerably housed, ex-offenders, and<br />
16-24 year olds not in employment, education or training (NEETs).<br />
CARAS<br />
SUPPORTING DIVERSITY<br />
CHALLENGING ADVERSITY<br />
CARAS<br />
Location: South West London<br />
Grant: £1,400<br />
CARAS (Community Action for Refugees and<br />
Asylum Seekers) is a community outreach charity<br />
that supports refugees and asylum seekers in South<br />
West London. Their grant will allow them to purchase<br />
of two laptops and the associated IT set-up. This<br />
would enhance the digital literacy skills, and thus the<br />
employability, of hundreds of young people in the<br />
years to come.<br />
CARNEY’S COMMUNITY<br />
Location: Wandsworth, London<br />
Grant: £1,500<br />
Carney’s works to improve the social mobility of<br />
disadvantaged youths through mentoring schemes.<br />
The grant will allow them to cover the costs of the<br />
chief executive training course at the CASS Business<br />
School, indirectly improving the organisation’s<br />
strategic and programmatic delivery.