OVERVIEW: This UK-based funder focuses on the root causes of poverty in sub-Saharan Africa.
IP TAKE: Joffe is not afraid to take calculated grantmaking risks, but it also likes to see how its funding will contribute to the long-term sustainability of the projects and organizations it supports.
PROFILE: Based in London, the Joffe Charitable Trust was established by Joel and Vanetta Joffe in 1968 with the primary focus of supporting “initiatives that have the potential to make a disproportionate impact on the underlying causes of poverty or the advancement of human rights in the world’s poorest countries.” While Joffe supports projects in the developing world at large, it primarily focuses its grantmaking in anglophone sub-Saharan Africa.
Joffe's primary goal is to address the root causes of poverty. It does so through two areas of grantmaking interest: campaigning and aligning “significant business interests with progressive development. As part of its "campaigning" program, it has supported projects related to women’s rights, arms control and anti-corruption. In regards to linking its business interests with progressive development, the trust is more opaque. Its funding policies offer both project-specific and general operating support grants.
Grant awards typically range from £10,000 to £40,000 (around $14,000 to $58,000) for up to three years. In any given year, the trust expects to fund five such grants to organizations registered with the UK Charity Commission or “its equivalent in other countries.”
The trust accepts unsolicited grant applications, but warns potential grantees that the vast majority of its grants go to organizations with which it already has an established relationship or those that come to them though “existing networks.”
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