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The Third Sector and OR Charity and Social Enterprise Compassion v Business Efficiency

The Third Sector and OR Charity and Social Enterprise Compassion v Business Efficiency. Dr Martin Price consultancy.coop. Martin Price. MSc & Ph D Statistics National Institute of Agricultural Engineering British Gas – OR etc. 15 years Prince’s Trust Prince of Wales Office

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The Third Sector and OR Charity and Social Enterprise Compassion v Business Efficiency

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  1. The Third Sector and ORCharity and Social EnterpriseCompassion v Business Efficiency Dr Martin Price consultancy.coop

  2. Martin Price • MSc & Ph D Statistics • National Institute of Agricultural Engineering • British Gas – OR etc. 15 years • Prince’s Trust • Prince of Wales Office • Business in the Community • Mencap • Consultancy – since 1996

  3. consultancy.coop llp • Cooperative of consultants in Wales • Cooperative Enterprise Hub • Wales Ireland Social Entrepreneurs Network • Feasibility Studies • Youth of Bettws – Building a source of income • Port Talbot Women’s Aid – Asset transfer • Diverse Cymru – Mergers • Community Dance Wales – Funding Strategy

  4. Charities • Over 160,000 in England and Wales • Cancer Research UK • NSPCC • Arts Council of England • Harrow School • Welsh National Opera

  5. Charity Income(England and Wales) June 2011source Charity Commission

  6. 3 Social Enterprises are businesses with primarily social objectives whose surpluses are principally reinvested for that purpose in the business or in the community, rather than being driven by the need to maximise profit for shareholders and owners. dti

  7. What does a Social Enterprise use its profits for? • Employing odd people • Working in an odd place • Doing odd things • A “normal” business giving its profits to social ends • A mutual organisation for the benefit of customers or workers www.consultancy.coop

  8. Social Enterprises • Coin Street Community Builders • Oxfam Activities Ltd • The Guardian Newspaper • Welsh Water • Cooperative Group • FC Barcleona www.consultancy.coop

  9. Where does OR fit in? www.consultancy.coop

  10. All the usual things that any business requires Charities and Social Enterprises are businesses with a double or triple bottom line www.consultancy.coop

  11. Some questions • Are some charities better than others? • How much should a charity spend on administration? • What is administration? • The Fundraising Director’s salary • The Chief Executive’s salary • The Photocopying www.consultancy.coop

  12. Some fundraising questions • Note that fundraising is not a charitable activity • Why do charities spend 20% on raising funds when private business spends 5%? • Return on Investment • Is 30% of a lot better than 90% of a little? www.consultancy.coop

  13. Issues for Charity Funders • Outputs • Outcomes • Impact • How do you measure them? • Social Audit • Social Return on Investment www.consultancy.coop

  14. consultancy.coop • 37 Cardiff Road • Dinas Powys • Vale of Glamorgan • CF64 4DH • Tel: 029 2051 4034 • Fax: 029 2051 4655 • Email: martin@consultancy.coop • Web site: www.consultancy.coop

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