Marathon of Marathons 2010 - PEI Media

The Marathon of Marathons charities
In the footsteps of Pheidippides | Athens, 31 October 2010 12
www.almt.org
www.privateequityfoundation.org
THE ANGUS LAWSON
MEMORIAL TRUST
Ed Hutton, a trustee of the Angus
Lawson Memorial Trust, ran the Marathon
of Marathons. See p. 33 for his story about
Team Campbell Lutyens.
“No man or woman stands so straight as when they stoop to help a child.”
As a children’s trust, the ALMT has been engaged with more than 40 projects
worldwide with a particular focus on education, vocational training and healthcare
provision. As a small trust, the ALMT prefers to partner with grassroots NGOs and
to sponsor initiatives where outcomes
can be easily monitored and where the
trust can have a life-changing impact on
children’s futures.
The ALMT prides itself on low running
costs, which helps us to have a maximum
effect on our projects. Since its inception
in 2006, the trust has grown at a rapid
rate with corporate partnerships, an active
board of trustees and project costs of
nearly £2 million.
Working throughout the globe in
Africa, India and South-East Asia the
trust is able to be flexible and responsive
to changing economic circumstances, with certain topical projects such as working
with migrant communities in China and vaccinations in Pakistan. However, over the
past four years the ALMT’s main focus internationally has been to give thousands of
children an education, through schooling and vocational training, as a key to a better
future.
In the UK the trust has worked closely with Kids Company in its centre for
traumatised children and the trust also provides a free grief counselling service for
families with young children.
Charlie Green, a PEF trustee, joined us
in Athens despite a last-minute injury. His
wife Ros stepped up and ran in his place.
The Private Equity Foundation (PEF) works with carefully selected charities to
empower children and young people to reach their full potential. To quote Herbert
Hoover, 31st US President, “Children are our most valuable natural resource” - but they
need investing in.
PEF’s mission is to bring together the private equity community into a powerful
partnership with third sector organisations to help them
scale up. The aim is to provide many more children and
young people with the vital literacy, numeracy, mental
health support, practical skills and aspirations that they need
to make a success of their lives.
Following extensive due diligence, it has identified 17
of the most exceptional charities working in this field and
using grant funding and a private equity ‘tool-kit’ of longterm
value creation is backing them to become bigger and
better.
Through harnessing the support of over 70 firms across
the private equity, advisory and financial sectors, PEF is
able to give these ‘portfolio’ charities an unprecedented quality and breadth of
advice ranging from financial management and strategic growth to marketing and
infrastructure. Members and supporters have so far donated not only £20 million but
a further £5 million worth of expertise, and by acting together, PEF is able to make
sure that money goes even further. Every £1 donated to PEF has a £5 impact.
The most recent figures show that a shocking one in ten 16 to 18-year-olds in the
UK are categorised NEET (not in any education, employment or training). That’s not
only too many lives wasted before they’ve even had a chance to start, but with every
NEET 16-year-old estimated to cost the state £97,000 on average over their lifetime,
it’s a false economy not to invest in their future.
Alternative
Insight