Social finance models blend social returns with financial returns and address challenges of traditional philanthropy. They use catalytic capital from public or philanthropic sources to increase private sector investment in sustainable development. Social Finance models have the potential to help unlock capital to address the $2.5 trillion annual SDG funding gap and address challenges of traditional philanthropy.
The British Asian Trust is at the forefront of developments in social finance, recognising that traditional philanthropy alone will not succeed in tackling the root causes of poverty and inequality in South Asia. We convened and fundraised for the world’s largest education development bond, the $11m Quality Education India DIB, with global partners such as the Michael and Susan Dell and UBS Optimus Foundations, the FCDO, Comic Relief and BT. We are currently developing multi-million dollar skilling and education related products across South Asia, with a focus on women’s empowerment.
The Senior Programme Fundraising Manager (Statutory and Institutional) will work closely with the Executive Director of Social Finance, India Director and Head of Programme Fundraising to initiate new donor engagement, sustain relationships, and coordinate the development of funding applications. This is a senior role that is expected to engage at strategic levels to influence BAT’s fundraising from institutional donors and how we develop and deliver our programmes to meet their requirements.