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04 Essex Community Foundation Annual Review 2024Looking ahead to 2030Invest in community organisations doing vital work in Essex and endeavour to award %u00a330 million in grant fundingA. Prioritising stability: Help local voluntary organisations maintain steady operations through enhanced availability of core costs, unrestricted, and multi-year funding. B. Strengthening impact: Bring funders and supporters together to maximise the impact of our funding at this critical time for the voluntary sector.C. Responsive offering: Provide a range of resources that are flexible, accessible and inclusive while endeavouring to support a wider variety of organisations and adapting to the evolving needs of the sector.Inspire giving to grow assets for our community and endeavour to secure %u00a330 million of new donations into endowed funds A. Building community philanthropy: Use our knowledge, experience and connections to inspire people and organisations to give through us. Retain and grow existing ECF funds while expanding the fundholder base and attracting new donors.B. Growing our endowment responsibly: Focus on achieving strong financial returns for those giving through us to fuel further grantmaking while avoiding conflicts with our mission.C. Sustaining our grantmaking: Commit to a minimum grant rate of 4%, prioritising giving with a long-term ambition to preserve the nominal value of endowed funds.Be a bold independent voice for the voluntary sector, encouraging increased levels of collaboration and influenceA. Amplifying voices: Use our trusted independent local insight to champion and highlight the value of the voluntary sector to decisionmakers in, and beyond, Essex.B. Advocacy and influence: Use our knowledge and connections to influence and improve how the public and private sectors collaborate with the voluntary sector.C. Strong collaboration: Help unite and strengthen the voluntary sector in Essex through supporting infrastructure, convening, match-making, facilitated learning and information sharing. 123A bold ambitionOur vision for 2030 is clear: to see thriving communities across Essex. This vision is underpinned by three strategic priorities%u2014investing in community organisations, inspiring giving to grow community assets, and being a bold independent voice for the voluntary sector.%u2018%u2018As we approach our 30th anniversary, we reflect on our journey as the largest independent funder in Essex and chart a bold course for the future. Our new strategy for 2030 is not just a plan, it%u2019s a promise to the communities we serve. It%u2019s about driving greater impact, fostering deeper collaboration, and ensuring that our voluntary sector thrives in an everchanging world.Andy Payne Worpole, ECF Director of Policy and ProgrammesOur Foundation is built on the generosity of local giving, from individuals, families, businesses, and charitable trusts. This collective philanthropy enables us to support grassroots organisations that address the most pressing needs in our communities. Now, we are ready to take this support to new heights with our ambitious new strategy.