{"id":1359,"date":"2014-06-13T13:03:14","date_gmt":"2014-06-13T13:03:14","guid":{"rendered":"http:\/\/blogs.scotland.gov.uk\/scotlands-economy\/?p=1359"},"modified":"2018-02-20T15:26:08","modified_gmt":"2018-02-20T15:26:08","slug":"inspiring-scotland-marks-successful-5-years","status":"publish","type":"post","link":"https:\/\/blogs.gov.scot\/scotlands-economy\/2014\/06\/13\/inspiring-scotland-marks-successful-5-years\/","title":{"rendered":"Inspiring Scotland marks successful 5 years"},"content":{"rendered":"

Last night it gave me the great pleasure to host an event at Edinburgh Castle to mark the success of one of Scotland\u2019s most innovative and groundbreaking charitable organisations \u2013 Inspiring Scotland.<\/p>\n

\"\"<\/a>

(L-R) Viv Sawyers, Street League, (charity supported by Inspiring Scotland); William Edgar, young person to benefit from Inspiring Scotland investment; Celia Tennant, Inspiring Scotland Chief Executive; John Swinney, Cabinet Secretary for Finance, Employment and Sustainable Growth; Niall Lothian, Inspiring Scotland Chairman<\/p><\/div>\n

I was impressed to hear from Inspiring Scotland their unique, yet different effective operational model of raising funding from across sectors and deploying it in selected portfolio of charitable ventures.<\/p>\n

The fact that Inspiring Scotland is just five years old, and its first fund is halfway through its ten-year period is a fascinating story. Over the first five years, the 14:19 fund<\/a> has invested more than \u00a330 million in charities with matched funding of \u00a327.5 million. This money has helped change the lives of 60,000 Scots.<\/p>\n

We all know the stories of wealthy philanthropists. Microsoft\u2019s Bill Gates and the Giving Pledge, where the world\u2019s richest people commit to giving most of their wealth away, is a groundbreaking step.<\/p>\n

Scotland\u2019s wealthy have always given something back; we have always been a compassionate nation. We have all heard about Andrew Carnegie. His story is echoed in the modern day examples of individuals like Sir Tom Hunter and Sir Iain Wood.<\/p>\n

Inspiring Scotland is one example of a charity that makes sure the money and time given by philanthropists is used for real and lasting change. We all know that Scotland\u2019s charities do great work, and I am delighted we have organisations like Inspiring Scotland to back them.<\/p>\n

Social issues can be tackled using money and skills to provide a better measurable impact. Using market mechanisms and private-sector principles to improve efficiency and drive innovation in areas with a strong ethical dimension should be the norm.<\/p>\n

Philanthropy and corporate social investment can make a substantial difference to charities, but it is not just financial help that\u00a0 individuals and companies can offer. Time, skills and expertise are just as important and everyone has something to offer.<\/p>\n","protected":false},"excerpt":{"rendered":"

Last night it gave me the great pleasure to host an event at Edinburgh Castle to mark the success of one of Scotland\u2019s most innovative and groundbreaking charitable organisations \u2013 Inspiring Scotland. 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