What Now For The Community Wealth Fund

After a long campaign which was supported by hundreds of charities, voluntary organisations, and social enterprises, the Government passed a law last year which expanded the scope of the dormant assets scheme, which will unlock hundreds of millions of funding for social causes in the coming years.

Many organisations have argued that more needs to be done with the dormant assets money to genuinely put the funds into community control. Debates about how to do this have resulted in the idea of a Community Wealth Fund (CWF) which would target areas  most in needs.

In this article, Jay Kennedy, Director of Policy and Research at DSC, looks at the next steps for the Community Wealth Fund and what the potential challenges could be to getting consensus politically and within the sector.