#Global20 – Interview with Professor Frances Corner OBE, Warden of Goldsmiths

#Global20 - Interview with Professor Frances Corner OBE, Warden of Goldsmiths

As part of our 20th anniversary celebrations, we are sharing 20 interviews with leaders in philanthropy and the nonprofit sector. Here Nick Jaffer, President and CEO, Global Philanthropic (Asia Pacific), interviews Professor Frances Corner OBE, Warden of Goldsmiths, University of London.

Why Planning For Endowment Is So Important

On 4th November 2022, Arts Council England (ACE) announced which organisations have gained or lost National Portfolio Organisation (NPO) status. NPOs will receive three-year funding support from ACE, starting in April 2023 and decisions were made in line with the government policy of “Levelling Up”. Funding of £446M will be shared by a total of 990 arts and culture organisations; but many organisations heard the unwelcome news that they would be receiving less funding, or none at all.

Photo of an Oxford university building

It’s never too late—or too early—to start your endowment fund

An effective but underutilised vehicle to channel this wealth is an endowment. Endowments are donations made to non-profit organisations with the intention of investing to earn income. This allows the donations to keep giving long into the future.