CAF Social Impact Fund receives the UK’s single largest individual social investment!

Philanthropist, Dr Shamil Chandaria has committed £2.5 million for investment into the recently launched CAF Social Impact Fund from his CAF Charitable Trust, the Ad Astra Trust.  It is believed this act of generosity will make him the single, largest individual social investor in the UK. 

The CAF Social Impact fund enables individuals to invest their philanthropic capital for a fixed period of between three and six years, where it will be used to fund working capital, underwriting facilities and bridging loans to charities and social enterprises through CAF Venturesome. 

The recycling of funds as these loans are repaid means Venturesome estimates that an investment of £2.5 million will allow around £4.8 million to be lent to over 100 charities and social enterprises over three years.

Dr Chandaria explained “I want my charitable giving to be a catalyst for change which makes a real difference to charities and the people they help.  CAF Venturesome has an impressive track record of helping charities to achieve their goals and by investing in the CAF Social Impact Fund I know that my money is making the best impact it can”.

CAF’s Chief Executive John Low commented “Thanks to Dr Chandaria’s generosity many more charities and social enterprises will be strengthened and helped to realise their vision for a better society at a time of great need.  We’re delighted the Social Impact Fund has already attracted this record-breaking commitment and hope Dr Chandaria’s pioneering approach and openness will inspire other philanthropists to explore the potential of social investment to underpin and strengthen communities and support vulnerable people across the UK”

Read more about the CAF Social Impact Fund and download the full brochure here!