Attendees take part in a discussion sitting around tables in an interactive session at WCVA's gofod3 event

A new fund for Wales: progress, opportunities & next steps

Published : 13/07/26 | Categories: Funding | News |

Work is progressing to establish a new long-term national fund designed to create lasting benefit for voluntary organisations across Wales, and you can help shape its future.

BUILDING A LONG-TERM ASSET FOR WALES

Late last year, we announced plans to establish a new fund for Wales under the working title of the ‘Dyfodol Fund’, seeded with £4 million of WCVA’s own reserves. The fund is being developed as a sustainable national asset, designed to grow over time through investment returns and additional contributions.

The ambition is simple but significant: to create a lasting source of support for the voluntary organisations that strengthen communities, respond to emerging challenges and enrich lives across Wales.

THE CHALLENGE

Voluntary organisations deliver extraordinary value every day. They support people through crisis and change, strengthen communities, protect culture and language, and reach people and places others cannot. Yet many organisations operate within a funding landscape dominated by short-term and highly competitive funding opportunities, making it harder to plan, invest and build long-term resilience.

The new fund is a strategic response to that challenge. It is being established as an independent charitable organisation within the WCVA group, and will provide long-term stability, attract new investment into Wales and help secure a stronger future for the voluntary sector.

MOVING AMBITION TO ACTION

Following the approval of the fund’s business plan, work is now underway to establish the fund’s governance, identity and fundraising approach.

A number of key opportunities are now live as we build the foundations to launch and grow the fund over the coming years…

TRUSTEES WANTED

We are currently recruiting trustees to help guide the future direction of the fund. We want the founding board to play a crucial role in shaping the charitable organisation, ensuring strong governance and overseeing the development of a national asset that can benefit Wales for generations to come.

WCVA is partnering with Nurole, the leading board-level search specialist, to find inaugural Independent Board Members for the new Fund. You can find out more and apply here. To arrange an informal conversation or in case of any other queries, please contact joshua.dernie@nurole.com.

SHAPING THE FUND’S IDENTITY

We are also seeking a Brand and Communications Strategy Consultant to help develop the fund’s identity, narrative and communications approach.

This work will establish how the fund presents itself to partners, supporters and the wider public, helping build confidence, clarity and momentum around its purpose and ambitions.

Find out more about the Brand and Communications Strategy Consultant opportunity.

ATTRACTING INVESTMENT

We are looking for a Fundraising and Engagement Strategy Consultant to help develop the fund’s approach to attracting philanthropic, corporate and partner investment.

A successful strategy will help create new pathways for investment into Wales’s voluntary sector and support the fund’s long-term sustainability and growth.

Find out more about the Fundraising and Engagement Strategy Consultant opportunity.

HELP US SPREAD THE WORD

As the fund takes shape, we’re keen to hear from people who can help bring this vision to life.

If you know individuals, consultants, agencies or sector leaders who may be interested in helping shape the new fund please share details of the current opportunities across your networks.

STAY TUNED

The new fund represents an important investment in the future of Wales’s voluntary sector, and there is much more to come over the months ahead.

We’ll continue sharing updates as key milestones are reached, including governance appointments, brand development and future opportunities to get involved.

To stay up to date, sign up to our newsletter and keep an eye on our website for the latest news and opportunities.

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