Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Culture, Media and Sport, what recent discussions her Department has had with major UK-based foundations on aligning private giving with national social impact priorities.
This government is committed to putting local people, communities and places first, supporting philanthropic growth across the country is an important route to mobilise more private capital to deliver public good.
In partnership with the Chief Secretary of the Treasury, DCMS’ Secretary of State, established the Social Impact Investment Advisory Group earlier this year to advise on how impact capital, including philanthropy, can support the national missions. The group brings together government, socially motivated investors, representatives from civil society and social investment and philanthropy experts. Major UK-based foundations are represented on both the Advisory Group and its working groups.