Mission impossible? How to maximise your returns and align with your mission
CCLA
Booking for this event is restricted - please sign up for a My SCVO account or sign in to access the booking form if you are eligible
- Day
- Wednesday 5 February
- Time slot
- 11:00-12:00
- Room
-
Kilsyth suite
Wheelchair accessible - Contact
- Celia Waring
- Topic
- Finance, funding and fundraising
- Overall aim
This event aims to support charity trustees and executives to think strategically about cash reserves and investments, doing so in a way that aligns with mission and values.We will explore practical ways to improve returns on cash reserves, consider risks, articulate values and implement policy.
- Description
This session will explore two key themes:
Firstly, maximising returns on your charity's reserves. For short term reserves, where can charities generate the best returns on cash that needs to remain accessible and flexible? Are the banks sharing the heightened interest rates with you? Do you have to tie your money up to access the best rates? What is the Financial Services Compensation Scheme (FSCS) and how are charities protected? For longer-term reserves, what is the greatest risk? Are you taking the right risks for your organisation? Do you have a policy in place?
Secondly, as you consider the optimal investments for your organisation, how can you ensure that you invest in line with your mission and values? What are the activities that run counter to your mission that you would wish to avoid? How do restrictions work in practice? Can you have a zero tolerance approach? What do we mean by environmental, social and governance risks? Finally, do charities need to accept lower returns if they have an 'ethical' or 'restricted' portfolio?
Participants can take away helpful definitions, top tips and example policy documents and templates.
- Who is the event aimed at?
Trustees
- Who is speaking at this event?
- Celia Waring is a Client Investment Director at CCLA and responsible for managing relationships with charity and faith-based investors.
Celia joined CCLA in May 2016 with nine years' experience mainly in the charity sector. After graduating with an MA (hons) in ancient history from Edinburgh University, Celia worked in advertising briefly before moving into the charity sector. Celia joined CAFOD as their corporate partnerships manager and then went on to lead all fundraising operations for an international think tank, building its network of donors and partners.
Celia holds a diploma in Private Client Investment Advice and Management and is a chartered fellow of the Chartered Institute of Securities and Investment (CISI).
