An online event held on 17 June, ‘Exploring the social impact of purpose-driven family businesses’ hosted by The Family Business Network and Investors in Community has raised funds for five charities.

The event gave family business owners and leaders an opportunity to gain an understanding of what corporate social responsibility (CSR) means, how it can affect their business and why expectations for businesses are changing.

During the event, a top class line up of speakers shared powerful insight and personal experiences of how family businesses can approach CSR, how to embed it within the purpose and values of a company, and how it can be effectively coordinated and communicated in order to benefit a business.

The event also formed the perfect springboard to launch a new ongoing collaboration between The Family Business Network and Investors in Community.

Dave Clarkson commented, “We saw a natural alignment in our organisations, through our principles, ambitions and audience demographic. 

“The family business sector is known for being purpose-driven and that’s where the IIC platform comes into its own. Uniquely, the IIC platform recognises five different ways of giving, through which an induvial or business can earn community credits allowing a business to verify its giving. In addition, the service is completely free, with no deductions from your donations, monthly charges or transaction fees.

“During the event, Philip from IIC gave a wonderful overview of why the platform was created and how it could be a great fit for family businesses as part of their social giving strategy.”

Tickets for the event were charged at £20 each with £10 being donated directly to a charitable cause. In addition, Investors in Community pledged to match the total donations.

All those who purchased tickets were asked to select a charity type of their preference to support. The most popular votes were for charities supporting ‘children and young people’ and ‘health and social care’. The team at The Family Business Network then selected five charities on the IIC platform from those charity types to support.

The five charities selected that each received a donation were:

• Transitions UK, Breachwood Green
• Challenge 4 Change, Manchester
• The Hubb Foundation, Stoke-on-Trent
• Battle Scars, Leeds
• Helping Others (Mental Health), Goole

Sue and Dave, along with Philip would like to thank everyone that attended the event and all those speakers and contributors, who each helped to support these wonderful causes.

A recording of the event is still available for those wishing to view the event. Tickets can be purchased HERE.