LEG A CY
how to navigate your systems.” Of a typical 100 applications for
development funding and strategic advice at The Fore, 30 go to the due diligence stage. About 5% are proposed for funding and the top 3% end up being funded. A point of difference is that The Fore’s funders, including the Hoare staff and family, are sitting on those funding panels and making the final decisions. Applicants who are not funded are given helpful feedback. Approved start-up charities are awarded
grants of up to £30,000 over one to three years. As part of The Fore’s assessment process, applicants are required to suggest some organisational key performance indicators (KPI) for The Fore to judge the success of its funding against. “Those KPIs are discussed and honed
with their assessors, so they are not overpromising and not underpromising, and it means our funding ends up completely aligned,” Gunn says. “We check in with them officially
once a year and we score them against their success rate. For funders that is particularly valuable because it means they can see an update on how the money has been effectively used and spent.” For its low-bono application assessors,
The Fore taps into the under-utilised talent, expertise, and professionalism of
people who are retired, on a career break, or pursue portfolio careers, Gunn says. Those assessors, among them a chief
operating officer of a Swiss private bank and an economics lecturer at Oxford, give start-up philanthropists the benefits of their strategic advice to achieve the best sustainable impact for both the applicant and The Fore.
Millennial expectations The Fore sees a growing need from small- scale charities for more funding, yet the public are inclined to donate to the big brands in the charity sector. Gunn says it is the “harshest irony” that people give to
Above left: Richard Q Hoare OBE is the founder and past chairman of the Bulldog Trust
Above: Two Temple Place, near London’s Victoria Embankment, is the elegant headquarters for the Bulldog Trust and an occasional public gallery
Right: Rennie Hoare joined the family bank in 2016 and was invited to join the partnership in 2018. He serves as Head of Philanthropy and has responsibility for the bank’s trustee service. This includes the bank’s donor advised fund (DAF), the Master Charitable Trust
MAKING A DIFFERENCE ON THE FRONTLINE S
Right:
StreetDoctors teach youths life-saving techniques such as CPR organisations that could join the Epic portfolio in 2015
treetDoctors stands out for family principal Alexander Hoare and Mary
Rose Gunn, chief executive of the Bulldog Trust, among the charitable initiatives The Fore has supported because of its positive real-world difference. Founded by medical students in
Liverpool, England in 2008, StreetDoctors recruits fellow volunteer medical students to teach at-risk young people and young offenders how to survive traumatic injuries, while also changing their attitudes about carrying weapons. The volunteer-led organisation of more
than 400 trainee healthcare professionals is backed up by a small staff and board of
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CAMPDENFB.COM ISSUE 75 | 2019
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