In 2020 we launched our new strategic framework which sees us taking a thematic approach to our future funding, as well as finding ways to help academic and clinical researchers to work in partnership with community organisations to make the much-needed evidence-based systemic change to health and social care services for our ageing population. We have made a great start in supporting initiatives falling into the theme of “suitable living environments for older people” and you can read more about the recommendations of the Commission on the role of housing in the future of care and support and the Technology for an Ageing Population Panel for Innovation at the links. But another exciting change we have made is to publish our Impact Investment Policy. This sets out how we intend to make our investment portfolio work harder in pursuit of our mission and our long-term approach to managing our endowment. We have used the Bridges “spectrum of capital” to as a starting point in describing our approach and the Trustees now wish to make a new appointment to the Community Grants Committee to assist us in reviewing opportunities arising in the “impact first” part of the spectrum and assisting in the development of our portfolio of investments of this type.