This paper explains the steps that are needed to measure the value of the charitable sector.
Most people agree that charities do great work for the people and causes they serve. But few people in positions of authority in our society understand that the true value of charity is about more than the combined work of individual charities.
That’s why the Commission, together with the Frontier Economics have prepared a paper on the value of charity. It is published with a joint foreword from the leaders of both organisations – Baroness Stowell of Beeston MBE and Lord Gus O’Donnell GCB.
In it, the Commission argues that charity’s value lies not just in its economic footprint, or even in what it achieves for its beneficiaries, but also in its power to promote cohesion, well-being, and pride in our society.
It also argues that, in order to maximise the potential benefit of charity in the future, we need to understand and protect what makes charity special and distinctive in the eyes of the public.