<aside> <img src="/icons/briefcase_green.svg" alt="/icons/briefcase_green.svg" width="40px" /> It’s been eight months since we published our first paper on the Emerging Futures programme. This blog provides an update on the work and how 2023 is shaping up for it.

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We started 2022 with a set of questions with no easy answers. What should we do to address the underlying drivers of poverty, as well as tackling its more immediate manifestations? What would it take to back the changemakers and visionaries shaping alternative futures? What characterises this future-building work, and how do we find it? What is philanthropy’s role in supporting work that seeks to speed up the transition to a more equitable and just future?

To explore these, we’ve been in conversation with a huge number of organisations, individuals and movements also asking these questions across different issues including land, housing, governance design, youth justice; and spanning the worlds of movement building, cultural work, place-based change, research and policy, healing and restorative work. We are so grateful to people for the time they’ve taken to help us shape our thinking.

And of course, all this work was happening as a ‘cost of living crisis’ unfolded around us, and evidence mounted about the climate emergency. It seems increasingly fanciful to imagine we can address growing poverty without paying attention to deeper questions about the extractive and exploitative aspects of our current economic paradigm.

Poverty blights lives. It is essential that we continue to do all we can to address and ameliorate its worst impacts through our insights, policy and advocacy work. But we believe today’s crisis demands that we also engage in deeper questions about the foundational aspects of our economic and social systems - the concentration of wealth, for example, or the nature of corporate governance - that continue to drive inequality and ecological breakdown.

The ambition of the programme

The ambition of the Emerging Futures programme is threefold. We want to:

A major commitment of resources

Over the next two years we will be moving £5-6 million of our endowment to work that embodies these ambitions, as well as committing a further £2-3 million of our annual budget to the work. Our intention is to significantly grow the resources available. We are committed to making £50-100 million available from JRF’s own endowment over the next five to ten years, and we want to connect outwards and help expand the number of foundations that want to fund this kind of work.

As we grow the resources available, we are resisting the temptation of calling ourselves a ‘grant maker’, with all the unhelpful mental models that come with this label. Instead we see the Emerging Futures programme as an opportunity to take an active and intentional role in the redistribution of resources and assets. We won’t be importing traditional grant funding models or processes. Over the next two years we’ll be experimenting with alternative approaches to this redistribution, focusing on how we can fund an ecosystem rather than a series of individual organisations. How we do this is not yet completely clear and our commitment is to learn by doing, openly and transparently, as we go.

The shape of the programme

So what does this all translate into? Over the next two years we will focus our work around four parallel ‘tracks’:

What’s coming up?