Friends Provident Foundation

Friends Provident Foundation is an independent charity focused on creating a fair and sustainable economic system that serves people and planet. They achieve this by connecting, funding, supporting, and investing in new thinking aimed at shaping a future economy that benefits everyone. The foundation acts as a catalyst for wider change through continuous experimentation and shared learning, embodying the change they advocate for by investing in social enterprises and aligning their financial resources with their values. Since its inception in 2004, following the demutualisation of Friends’ Provident Life Office, the foundation has been guided by Quaker values of equality, justice, and stewardship. This ethos is central to their operations and decision-making processes. They aim to improve access to financial services for marginalized communities and support the development of resilient economic communities across the UK. The foundation's approach includes grant-making to support projects and organizations working towards a fairer economy. They are also involved in initiatives like the Foundation Practice Rating, which aims to address inclusion, diversity, and accessibility issues within the economic sector. Furthermore, they actively engage in thought leadership, producing reports and resources related to economic policy and just transitions to a zero-carbon economy. Friends Provident Foundation's vision is to fund innovative ideas, connect them effectively, invest capital according to their values, and contribute to systemic improvements that will enable the economy to better serve both people and the environment. They prioritize learning and adapting, as evidenced by their work on operational principles and values statements, inviting feedback and accountability from partners and donors.

Fair economy, sustainable economy, social enterprises, economic justice, financial inclusion, just transition

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