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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.

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