Cazenove Charities is pleased to sponsor the 17th edition of the NCVO Almanac. Since its launch, the Almanac has provided strong evidence of the significant contribution made by the voluntary sector. This year’s edition therefore serves as an important reminder of the depth, breadth and impact of the sector, at a time when its credentials are being questioned.
We are the trusted partner of 900 charitable organisations with the responsibility for helping each of them achieve their own investment objectives, whatever their size and purpose. Whilst investment income only represents about 7% of the sector’s total income, it is often an important component of those organisations that have endowments and this research suggests that over 63% of voluntary organisations had some form of investment income. However, it is the wider picture that remains so impressive and important, with charitable spending increasing year on year in the face of a falling proportion of this income coming from government. The sector also employs about 880,000 people, around three fifths the size of the NHS workforce.
We are delighted to continue supporting the Almanac and trust that you will find the data and analysis both interesting and helpful in support of your individual organisations and the wider voluntary sector.
Head of Charities