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Who we are and what we do Sue Holloway, Director.

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Presentation on theme: "Who we are and what we do Sue Holloway, Director."— Presentation transcript:

1 Who we are and what we do Sue Holloway, Director

2 Contents Objectives & History People Funding Projects How we work
Lessons learnt Why support PBE © Pro Bono Economics

3 OBJECTIVES & HISTORY © Pro Bono Economics

4 Aims to match professional economists with charities; providing pro bono help to measure performance and understand charity impact © Pro Bono Economics

5 History 2009 – incorporated and registered with Charity Commission (registered charity ) 2010 – 2 members of staff appointed and start of first full financial year Supported by the Government Economic Service, the Bank of England, private consultancy firms and academics © Pro Bono Economics

6 PEOPLE © Pro Bono Economics

7 Four trustees Martin Brookes CEO, New Philanthropy Capital
Andy Haldane Executive Director, Financial Stability, Bank of England Lucy Heady Economist, Peace Dividend Trust Dave Ramsden Chief Macro-Economist, HM Treasury & Head of GES © Pro Bono Economics

8 Fourteen high profile patrons from the economics profession including
Sir Gus O’Donnell Cabinet Secretary Lord Adair Turner Chairman of the FSA Sir Howard Davies Former Director of the LSE Rachel Lomax Former Deputy Governor of the Bank of England © Pro Bono Economics

9 Staff Two full-time members of staff
Sue Holloway Director – former Government Economist & Chartered Management Accountant Sarah Hewison Operations Manager One part-time volunteer Andy Cawthera Economist located at The Oasis Centre, 75 Westminster Bridge Road © Pro Bono Economics

10 FUNDING © Pro Bono Economics

11 Grants, donations & sponsorship
2009 – volunteers and no budget staff and funding to build the charity and sustain its early momentum Grants from institutions and individuals, sometimes with conditions justgiving capability via the web site Annual lecture and other PBE events to be part or fully sponsored funding secured but thinking about how and when to grow © Pro Bono Economics

12 PROJECTS © Pro Bono Economics

13 Overview 56 charities have registered projects
18 proposals have been withdrawn or rejected 28 projects have had 62 economists allocated to them 3 reports completed to date PBE is committed to diversity of projects, by size, by sector and by region © Pro Bono Economics

14 Moving forward Publish 5 reports by end June 2011
Scope 15 and complete 13 projects currently under way Communicate with charities to elicit additional proposals © Pro Bono Economics

15 HOW WE WORK © Pro Bono Economics

16 Who does what Economists and Charities register on-line
PBE helps scope project, matches economists and monitors work Output can be advice or analysis PBE arranges peer review of analysis Charity & PBE agree publication Feedback and learning help to improve the process going forward © Pro Bono Economics

17 Economist roles Scoping economist - 1.5 – 2 days per project
Team member - min. 6 months’ elapsed time, often more Peer reviewer – 1 day to review and check Mentor – supervise a junior team → Increase & differentiate pool of economists © Pro Bono Economics

18 LESSONS LEARNED © Pro Bono Economics

19 Charities Have lots of enthusiasm BUT often Don’t know what they want
Haven’t asked themselves some very basic questions Think they have good data when they haven’t Move very slowly on things which aren’t frontline © Pro Bono Economics

20 Projects with charities
Take a long time – on average: 3 months to set up an initial meeting + 6 weeks to agree what they actually want + 7 months to work out if this is feasible (scoping) + 6 months to do the analysis © Pro Bono Economics

21 Economist volunteers Have different skills & availability
Have peaks and troughs in their day jobs Are often not motivated by process Need appropriate support if not in organisation linked to PBE © Pro Bono Economics

22 Overall lessons Combination of charity sector and economist volunteers means no quick wins A lot of investment needed now to facilitate good projects in the future © Pro Bono Economics

23 WHY SUPPORT PBE © Pro Bono Economics

24 What we can do for you Harness a very large pool of talent in the economics profession and help you to contribute your skills to the charity sector Help you to provide charities with evidence of impact to support their fundraising and advocacy activities Give you exposure to issues you may not come across in your day job © Pro Bono Economics

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