Research by the Lloyds Bank Foundation shows that small charities bring a distinctive offer and approach, writes our CEO Paul Streets.
This blog was originally posted in Third Sector on 18th June 2018.
At the Lloyds Bank Foundation for England and Wales we’re launching a new five-year strategy, Reaching Further, which is all about partnership. Maybe it doesn’t seem like such a radical idea that funders should do their best to work in partnership rather than, as is often cited, just handing out cash. But truly overcoming the power dynamic and living out partnership, rather than just aspiring to it, is I believe still a bold move and a radical change, because we and many other funders and sector bodies just aren’t there yet.
Because they’re small there’s a short chain of command, so they can act faster, often responding more quickly than others to moments of crisis.
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