Mission above Money
CAN and Senscot Press Release
Two of Britain’s leading social enterprise support organisations, CAN and Senscot, have ended their relationship with a Trust set up to administer £100m of public funds because of concerns about the way in which the funds are being dispensed.
In 2001, CAN and Senscot were two of seven third sector intermediary organisations – all active in the field of social entrepreneurship – which formed the Foundation of Social Entrepreneurs. In 2002, the Foundation successfully bid for an endowment of £100m from the Millennium Commission – and set up UnLtd to manage the Millennium Awards Trust (MAT). To administer the awards in Scotland, a separate charity was created – Scotland unLtd – with two members, CAN and Senscot.
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