Third Sector

Lucinda and Andy are joined by Katy Saunders, director at Social Finance, and Mark Jarman-Howe, chief executive of St Helena Hospice, to discuss how charities can make effective use of social investment mechanisms.Katy explains how the social investment market works and describes its growth over the past decade, presenting opportunities to charities to be both investors and recipients of social finance.Mark describes St Helena’s journey into social investment as traditional fundraising streams failed to keep up with rising demand. He explains how the charity now provides lottery services to 35 other charities, with an annual turnover of £5m.They also discuss the potential risks and downsides of social investment, stressing the importance for charities to conduct due diligence into potential partners and acknowledge that grant funding is often preferable.Earlier in the episode, senior news reporter Emily Harle discusses ways in which charities can engage politicians in the wake of party conference season and w