Liontrust Asset Management has launched the Liontrust Foundation, aiming to promote social mobility, entrepreneurship, conservation and nature recovery.
The board of trustees of the Foundation has selected an initial three charities with which to partner across these objectives, with a key focus on supporting underserved communities and initiatives committed to diversity, equity and inclusion (DEI).
To promote social mobility and entrepreneurship, the Liontrust Foundation is seeking to fund organisations that help establish and develop sustainable micro businesses and support social entrepreneurs based in the UK. These businesses should provide employment and income, which should in turn drive social mobility.
On conservation and nature recovery, the Foundation aims to partner with organisations to help increase the recovery and conservation of nature, with the further ambition of increasing inclusion in conservation and investing in entrepreneurship as a means of social change.
The first three charity partners of the Liontrust Foundation are Social Ark, Growing Well and Sea-Changers.
Simon Hildrey (pictured), chair of the Liontrust Foundation, said: “The Liontrust Foundation was set up with the intention of empowering social mobility and preserving and recovering nature in ways that are not available through investments in public markets. Since launch, the Foundation has been seeking partnerships that many others might overlook and through which it is possible to maximise impact.
“We have been really impressed by the many charities we have met over the past few months as we undertook a rigorous selection process. Social Ark, Growing Well and Sea-Changers are terrific organisations that have a transformative effect on the communities they serve. The Liontrust Foundation looks forward to partnering with them to help strengthen their impact.”
