We back high performing organisations to maximise their social impact

Our funding helps strong organisations maximise their impact.

Our Impact Goals

Focus on disadvantaged communities and individuals

Provide financial support that is flexible and different

Are designed to make third sector organisations stronger

Portfolio review

We back organisations working across the UK

We support high performing charities and social enterprises which have strong leadership and solid track records. We want our funding to help them become as resilient and effective as they can.

We do this in three main areas:

1. Housing with support
£52.3m
40%
2. Community renewables
£68m
52%
3. Other support for marginalised communities
£10.3m
8%
Total
£130.7m

38

active portfolio and alumni organisations across the UK

Charity

22

CIC

9

Registered Societies

3

CLS*

4

*CLS organisations in the SASC portfolio have appropriate asset and mission locks.

Portfolio

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See more about our impact across SASC

Housing with
support

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Community
Renewables

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Other
Support

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HOUSING WITH SUPPORT

We make loans that buy properties to house disadvantaged people

We work with social sector organisations that provide support services to their beneficiaries. Our borrowers can have more impact if their clients are living in decent and appropriate housing. Our funding makes it possible for borrowers to buy suitable properties while avoiding the main financial risks that normally come with buying property.

All purchases
to date
Properties
226
Bedspaces
450
Expected total purchases based
on current committed funds*
595
1062

* Housing due to be purchased with loans that have been approved, as well as housing that is expected to be purchased with money invested into SASH but not yet committed to charities

Social and Sustainable Housing, our flagship fund, works with charities that provide Transitional Supported Housing. In a 2020 report that SASC supported, IPPR North observed that it was lack of access to suitable finance that stopped these organisations doing more work in this sector. The full report can be read here.

*Indicative figures based on SASC analysis of data from MHCLG, Blood Review (2016), JLL, Savills

TRANSITIONAL SUPPORTED HOUSING

£14bn

TOTAL SUPPORTED HOUSING

£48bn

TOTAL SOCIAL HOUSING

£300bn

TOTAL RENTED HOUSING
(INDICATIVE CAPITAL VALUE)*

£1645bn

COMMUNITY RENEWABLES

We finance the building or acquisition of renewable energy projects

SASC enables communities to design local energy solutions that address the reality of climate change and retain profits for the local area. In 2020 SASC acquired Leapfrog Bridge Finance (now renamed SASC Bridge Finance) from Pure Leapfrog. SASC Bridge Finance increases our commitment to this sector and allows us to expand our lending.

 

Active portfolio

Active portfolio
and alumni*

Number of projects
8
14
MW capacity
30
103
CO2 emissions saved p.a. (tonnes)*
5014
17046**
No. of homes powered p.a.
17674
60084**
Electricity generated in the last 12 months (mWh)
37502

* Includes all investments made by Leapfrog Bridge Finance (LBF) prior to the acquisition by SASC. ** Estimate based on MW capacity.

In the UK, the community renewables sector makes up a small percentage of the overall market, but continues to grow year on year.

To date, SASC has provided financing to projects that make up 18%* of all community renewables projects in the UK, as reported by Community Energy England.

* Accurate in December 2020 ** https://www.gov.uk/government/statistics/energy-trends-september-2020 *** https://communityenergyengland.org/pages/state-of-the-sector

SIZE OF SASC'S COMMUNITY RENEWABLES PORTFOLIO IN ENGLAND

48MW

SIZE OF ENGLAND'S COMMUNITY RENEWABLES MARKET ***

265MW

SIZE OF UK RENEWABLES MARKET **

48500MW

OTHER SUPPORT

Other support for marginalised communities

SASC’s generalist funds (CIF and TSIF) support social sector organisations that want to build and develop their operations to meet local needs. We look to understand the impact that each project will have on the communities and individuals who are involved.

 

Active

Active portfolio
and alumni

Property
£ 2.39m
£ 4.13m
Fund Your Regular Operations
£ 0m
£ 0.67m
Grow Your Business
£ 2.90m
£ 4.15m
Payment By Results
£ 0.73m
£ 1.43m
Total
£ 6.02m
£ 10.38m

Impact case studies

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SASC Impact Reports

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