We are natural collaborators and intentionally work with others that enable us to have a greater impact with helping social enterprises. Each partnership is unique and we look to find ways that we can achieve more together than we can on our own – it’s not just about expansion it’s about synergy. We are privileged to have a number of great partners, many of which are listed below, with a few described in more detail, to illustrate how we work together.
Esmée Fairbairn Foundation • Barrow Cadbury Trust • City Bridge Trust • Friends Provident Foundation • Guy’s & St Thomas’ Charity • Joseph Rowntree Foundation • Lankelly Chase Foundation • Lloyds Bank Foundation • London and Quadrant Housing Trust • National Lottery Community Fund • Panahpur Trust • Samworth Foundation • Treebeard Trust • Trust For London
EQ Investors • Rathbone Greenbank Investments • Ifamax • UBS • Paradigm Norton • Prydis • King’s Court Financial Planning LLP • Grierson Dickens • Cazenove Capital • BpH Wealth Management • Chamberlyns
Bristol City Council • Greater London Authority • Oxford City Council • West Midlands Police and Crime Commissioner • Westminster City Council • Croydon Council • Lambeth Council • Milton Keynes Council
Access • Big Society Capital • Ethex • Snowball • South West Academic Health Science Network • TI • Worthstone
Access works to make charities and social enterprises in England more financially resilient and self-reliant, so that they can sustain or increase their impact. They do this by supporting the development of enterprise activity to grow and diversify income, and improve access to the social investment which can help stimulate that enterprise activity. Access has worked with us for a number of years. We are an Access Point for their Reach Fund, which provides investment readiness grants.
Big Society Capital is a financial institution with a social mission, set up to build the social investment market in the UK, so that charities and social enterprises can access appropriate repayable finance to enable them to grow, become more sustainable and increase their impact on society. It is doing this by building a diverse social investment market: encouraging investors to lend or invest money to achieve a social as well as a financial return. Resonance manages over £37m of BSC funds.
Esmée Fairbairn Foundation aims to improve the quality of life for people and communities throughout the UK. They do this by funding the work of organizations that are building an inclusive, creative and sustainable society. One of the largest independent grant-makers in the UK they celebrated ten years of their Social Investment Fund in 2018 and have allocated £45 million to social investments with the aim of creating social impact. They have supported our Property and Community Asset funds with investment.
Through the Ethex platform, people can invest in causes that are important to them and these organizations can find the investment they need to grow and develop. Ethex hosts some of the Resonance investment opportunities suitable for individual investors including community share offers and the two Resonance SITR Funds.
Several local authorities have invested in our Resonance Homelessness Property Funds and repeat investment is increasing. One of those that has reinvested is the Greater London Authority (GLA), that invested £15m into Real Lettings Property Fund2 in 2018, followed by a further £2m match funding aimed specifically at providing homes for former rough sleepers and survivors of domestic abuse.
Rathbone Greenbank Investments is the dedicated ethical and sustainable investment team of Rathbones, one of the UK’s leading investment managers. Rathbone Greenbank have been staunch supporters of our Resonance Social Investment Tax Relief (SITR) Funds covering the South West, North West and West Midlands. They have brought the highest number of investors to those funds, who have been able to take advantage of the tax relief, whilst supporting social enterprises to tackle poverty and inequality in those regions.
Snowball is an innovative impact investment firm that runs a globally diversified multi-asset portfolio that seeks to maximize positive social and environmental impact as well as make a competitive financial return. Snowball’s mission is to make impact investment easy for everyone to access and to change the financial system to mainstreaming impact investing. The portfolio has exposure to public and private market investments. Snowball has supported both our Community Asset Funds and Property Funds with investment.
Fifteen AHSN regional bodies were set up by NHS England to identify, adopt and spread innovation across the region. With Resonance the SW AHSN worked to co-design the Health & Wellbeing Challenge Fund (South West) and anchored it with investment that ultimately leveraged in nearly ten times the capital from other sources. The ambition is to demonstrate that system change can come from strengthening social enterprises that have innovative models.
Our partnership with St Mungo’s focuses primarily on scaling their social enterprise ‘Real Lettings’ through a series of private rented sector (PRS) property funds to provide ‘move-on’ accommodation for homeless individuals and families. It is our most significant partnership to date and a real example of how investors and charities can behave like peers rather than transactional adversaries.
The Transformational Index team is a social impact measurement and design organization. It provides tools, products and services to help organizations quickly identify their intended theory of change and also helps them measure and ultimately manage their social impact.
Over many years Resonance has forged a strong working relationship with the team at TI to evolve the services that it offers and Resonance is a licensed user of TI products.
Worthstone aims to bring impact investing to the UK mainstream. They provide a one stop shop for financial planners seeking to advise on social impact investment helping navigate the increasing choice of products including a number of Resonance funds. They are a hub of specialist expertise that provides outsourced resource and practical tools, to enable firms to offer a solution to capital holders for whom seeking alignment between their investments and their values has become a paramount consideration.