P723 CEEFAX 723 Mon 4 Nov 21:12/22 1/3 A NEW FINANCIAL HEART FOR CHARITIES Charities Aid Foundation has launched a social investment fund to tackle the financial problems facing charities. Investors in Society offers individuals and companies the chance to lind money, interest free, to a managed fund. This creates a pool of capital for low-cost loans to charities. A strict set of criteria is imposed on borrowers while contributors to the fund will be kept informed of the good work to which their money is being put. Index on page 720 Volunteer Disability TV Choice YouthP723 CEEFAX 723 Mon 4 Nov 21:34/17 2/3 A NEW FINANCIAL HEART FOR CHARITIES Investors in Society is launched at a time when demands on charities are growing but donations are not rising. CAF believes that social investment of this type has a critical role to pla= in the future of the voluntary sector. Already the capital of the fund is approaching #1 million and a numbjt of loans have been set up. In the USA white three-quartets of non- profit groups borrow money, the risk to the lender is often lower than for commercial organisations. Index on page 720 Volunteer Disability TV Choice YouthP723 CEEFAX 723 Mon 4 Nov 21:46/54 3/3 A NEW FINANCIAL HEART FOR CHARITIES Several major corporate organisations, particularly in the financial sector, ar backing Investors in Society. Nat'est has seconded a mjmbjt of staff to help its development, while Barclays has contributed to the fund's capital. Donors now have a new opportunity to support an enormous range of positive causes which gives them a way to make their money work over and over again. Contact Investors in Society, CAF, Kings Hill, West Malling, Kent ME19 4TA; til: 01732-520029. Index on page 720 Volunteer Disability TV Choice Youth