Representatives from over 30 charities gathered in Cardiff today to recognise the distinct value of Wales’ small charities to their local communities.
The charities from across Wales were joined by sector representatives, staff and supporters to explore the findings of new research into what makes small charities distinctive.
Attendees at the event, which took place in Cardiff’s Old Library heard from speakers including Lloyds Bank Foundation’s Chief Executive, Paul Streets and Andrew Charles, Head of Communities and Third Sector, Welsh Government who spoke about what the Government were doing to support the third sector in Wales.
The event was also an opportunity for charities to hear about and discuss the findings of Lloyds Bank Foundation for England and Wales’ independent research on the value of small charities, and to think more about how to apply the research to their day to day practice. The event also marked the launch of the new area level report in Wrexham.
The Value of Small was commissioned by Lloyds Bank Foundation and conducted by an independent research team comprising the Centre for Regional Economic and Social Research (CRESR) at Sheffield Hallam University; the Institute for Voluntary Action Research (IVAR) and the Centre for Voluntary Sector Leadership at the Open University.
The research launched by the Foundation highlighted the distinctive value of small charities when tackling disadvantage and found that they brought added benefits to their local communities in what they do, how they work, and the role they play in local communities, which increased local spending and investment over their larger counterparts.
The new Wrexham report, which focuses on charities in the North Wales town, is one of four geographical area level reports published today which formed the research base for the Value of Small.
Speaking at the event Paul Streets, Chief Executive, Lloyds Bank Foundation for England and Wales said: “As our name makes clear we’re an investor in Wales as well as England and we currently fund 76 small and local charities here to a value of £4.1million. For over 30 years we have funded thousands of small and local charities knowing their work changed lives, but this research sets out why - they’re distinctive in who they serve, what they do and how they work. Those charities are the lifeblood of their communities and in many cases the glue that holds them together.”
Claire Cartwright, Director, Ponthafren Association said: “Reading the Value of Small research, it could have been written about our organisation. Ponthafren Association is a small charity. We know the value we bring and so do our service users, but we don’t always know how best to communicate it. The research is a fantastic tool for small charities to help them do just that. The challenge now is getting the commissioners to take notice and understand the distinct value that small charities offer.”
Lloyds Bank Foundation for England and Wales is one of the UK’s leading community grant-makers, committed to tackling disadvantage through small and local charities. The Foundation is an independent registered charity funded by the profits of Lloyds Banking Group as part of the Group’s commitment to Helping Britain Prosper.
For more information contact Jon Narcross, Press and Communications Officer (0207 378 4619)