open access to funding and professional expertise for exceptional young social enterprises by bringing together funders who otherwise work alone. The Golden Bottle Trust became a venture capitalist in philanthropy with The Fore dedicated to funding start-up charities. Mary Rose Gunn, chief executive of the


Bulldog Trust, says The Fore “is about finding exciting, smaller, earlier-stage organisations. That means charities and social enterprises, where the money that we give makes a tangible difference and creates transformational change within the organisation.” Hoare says some traditional giving does


good, but quite a lot does not. “Where it goes well for both the donor


Opposite top: Goldsmith- banker Sir Richard Hoare (1648-1719) was known and recognised for good works, including his support of the Naval Hospital at Greenwich and Christ’s Hospital School, of which he became president in 1713


Above: Alexander Hoare and fellow partners at C. Hoare and Co. continue the philanthropic traditions of the Hoare family, as well as encourage the private bank’s customers to give effectively


“We wish to be good bankers and


WE WISH TO BE GOOD BANKERS AND GOOD CITIZENS, SO THAT SHOULD HOPEFULLY INSPIRE YOUNG STAFF AND YOUNG CUSTOMERS, AND GUIDE MANAGEMENT


ISSUE 75 | 2019


good citizens, so that should hopefully inspire young staff and young customers, and guide management,” Alexander Hoare says, from London’s Two Temple Place. The neo-gothic mansion on the UK capital’s Thames Embankment was bought by the Bulldog Trust for its headquarters in 1999. “Why do we want that? Because it has


worked jolly well for 300 years. We have done a lot of giving, a tremendous record going back, so I believe what goes around comes around.”


Philanthropy’s angel investor The Golden Bottle and Bulldog Trusts became founding partners of The Fore in 2017, with C. Hoare and Co. as one of its core funders and Golden Bottle donating £300,000. The mission of The Fore is to


and donee is if you get engaged and you start giving time as well as money and experience and contacts and connections, then giving money can be very powerful,” he says. “We saw this opportunity with The


Fore where the Bulldog Trust has this fabulous network of professional contacts, people willing to give time and expertise. We had cash which was not reaching the smallest, best, neediest charities in the land, and so there was quite a natural coming together, especially as we knew each other.” The Fore runs three 12-week funding


rounds to coincide with the academic calendar each year. Thousands of applications are made for each funding round, but Gunn says, unlike most other funding bodies, The Fore is “sector and geographically agnostic” and is in the mindset of looking to provide small business loans. “We keep the filter very open because it


means that we can get the organisations that are run by the best people who are going to spend our money most effectively,” she says. “Whereas when you have quite


specific criteria, which a lot of funders do, when you’re working with small charities, it means that essentially you end up funding charities that have the best fundraisers because they know


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