How attractive is your charity or social enterprise to CSR partners? Are you missing out on the opportunities of the Social Value Act? How can you get the right kind of donations and volunteers from companies?
We at whatimpact deal with these questions of matchmaking between companies and charities / social enterprises on daily basis. whatimpact is a matchmaking platform for companies looking to partner with charities, social enterprises and other local initiatives to deliver social value for CSR, ESG, sustainable procurement and legacy reasons.
With ThirdSector Magazine, we run a content hub to answer these questions and to explore other relevant topics for social value organisations! You can also find content company-charity/SE partnerships on our Resource Hub.
You can find it here.
Social value is top of the agenda for 2023, so how can charities and social enterprises benefit?
Public-sector contracts must now factor in social impact, in other words called ‘socail value’ – which is good news for those seeking to attract more corporate support. Every single bid a company makes for central or local government government tender or contracts with police, NHS to name a few, contains min 10% scoring for social value plan.
Our research suggests that charities are not yet noticing a considerable increase in corporate interest regarding partnerships, volunteering or other forms of support. But that is likely to change as 2023 progresses and 2024 begins. More and more companies across the UK look to expand their social value activities by supporting charities working in local communities. Here, we look at three things you should remember in order to benefit from social value partnerships.
How attractive is your charity or social enterprise to CSR partners?
We explore what corporates are really looking for in a modern CSR partnership – and how non-profits & social impact organisations can maximise their appeal to potential supporters.
Modern CSR partnerships between corporates and charities can boost social and economic performance for both parties. But how can you attract the right corporate supporters and prove your value as a partner, while remaining true to your mission? We’ve reviewed all the key recent CSR research to find the key takeaways.
Is your charity missing out on the opportunities of the Social Value Act?
Only a few charities and social enterprises are tapping into the benefits offered by the Social Value Act enhancements that came into effect in early 2021.
These enhancements make it mandatory for any companies providing services to the public sector to evidence the social impact of each contract. While these changes creates amazing opportunities for charities and impact organisations, the details and the impact are still not well known in the third sector. So, what do the changes mean for your organisation – and how can you leverage this new opportunity for corporate support?
Bridging the supporter-recipient gap: five ways charities can get the right help from businesses
Too often, there’s a disconnect between what the private sector offers charities, and what charities really need – so how can non-profits build successful partnerships with corporate supporters?
Sourcing tailored support from the business community is one of the trickiest ongoing challenges that any non-profit faces. With the help of sector expert Tiia Sammallahti, CEO of whatimpact, we share five tips for securing the help that best fits your objectives.
To find resources for your charity or social enterprise, set up a profile on whatimpact.com by signing up to the plaform on whatimpact.com for free. If you have any questions, please email us shona@whatimpact.com or send a message via chat channel on the site.
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