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Funders ‘overstated increases’ and ‘reinforced inequality’, leader says

Funders seem to have “overstated increases” in their support for charities and may have “reinforced inequality”, according to a boss at a new type of funder.

Joe Ferns, director at the Baobab Foundation, which is developing a fairer approach to distributing money, was speaking at the launch of a report about the impact of the pandemic on charity finances.

Researchers used open grant data from 360Giving to compare those charities that got funding with the general population of charities.

They found that recipients were more likely to come from larger charitable companies than smaller organisations.

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