Venturesome makes £100,000 loan to eating disorders charity
Howard Lake | 25 September 2008 | News
Venturesome, the social investment fund of the Charities Aid Foundation, has made an unsecured loan of £100,000 to eating disorders charity Beat to help it increase its reach throughout the UK.
This is the third time that Venturesome have worked with Beat. They originally worked together in 2005, and more recently in 2007 when Venturesome provided support to help Beat manage its cash-flow. The present award will help Beat to develop its income-generating activities.
Eating disorders have a higher mortality rate than any other psychiatric illness – one in five of those seriously affected will die.
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John Kingston, Director of Venturesome, said: “The work that Beat do is essential to so many people – both those experiencing eating disorders and those supporting them. This coupled with the efficiency and professionalism that they bring to all of their operations means that we were happy to work with them on this exciting development.”
www.cafonline.org/default.aspx?Page=6903
- Venturesome’s John Kingston awarded OBE in New Year’s Honours (31 December 2009)
- John Kingston to leave Charities Aid Foundation (9 March 2011)
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.