Assets and Institutional Sustainability

Challenge and audience

Sustainability involves maintaining equipment, knowledge, software and experience as well as securing new resources. A project needs to identify continuing costs and responsibility for protection and maintenance.

Safeguarding charitable endowments against market risks and insolvency.

The Foundation’s independent role

Possible foundation role: develop prudent asset stewardship under the competent governing body.

Asset stewardship under the competent governing structure.

An illustrative route

Keeping a learning programme available requires more than start-up funding. Responsibility for content, tools, teaching skills and updates must be clear. The Foundation could design a sustainability and knowledge-transfer plan. Outputs are a resource map and maintenance commitments; this capability does not imply existing buildings, funds or capital.

Asset-risk guidance, financial review and insurance planning.

Delivery and starting conditions

Direct Delivery

Activation follows an approved project plan and available resources.

Where the Bridge may help

Ring-fencing project liabilities from foundation permanent capital.