KPSI 1 -Dismantling poverty and deprivation
“South Bristol Sports Centre has helped me use football to get away from my troubled background and get back in a classroom – a place I hated... I specialise in working with ‘hard to reach children’, as I have been there and can relate."
Billy Downes, 23
In Bristol, according to the Indices of Multiple Deprivation, 69,000 people (16% of the Bristol population) live in areas that are among the 10% most deprived in England, with some areas among the most deprived 1%. Over a quarter of children in the city live in poverty once housing costs are taken into account.
The West Midlands continues to face persistent poverty and inequality: at the heart of the region, Birmingham continues to be ranked as the sixth most deprived of England’s 326 Local Authority areas, closely followed by Sandwell and Wolverhampton (ranked tenth and fourteenth most deprived, respectively).
The Funds have a stated aim to contribute to dismantling poverty and inequality in the areas of their geographic focus. The Funds are “evergreen” and will continue to invest for the long term in diverse social enterprises intentionally addressing these problems from many different angles.
Case Study - South Bristol Sports Centre (SBSC)
What they do
SBSC engages and includes young people through sport, increasing their confidence and offering training, particularly in poor parts of South Bristol. Revenue comes from hiring out facilities to adults.
What the fund invested
£250k loan over six years (April 2016)
Using the investment
Six new five-a-side football pitches suitable for year-round use, increasing engagement by young people and providing a revenue stream from evening hire.
Reaching young people in particularly deprived areas of the city through sport: productive use of time, increasing skills and confidence with opportunities to become coaches.
What excited Resonance
The fact that SBSC was established with a charitable purpose and had an “inclusion manager” set it apart from other sports centres. It was clear that this organisation has a passion to see young people reach their potential by giving them the support and self-confidence to do so.