Third Space

Far East Consortium Dragon Boat Race generates charity funds

Docklands Sailing And Watersports contest raises money for the East End Community Foundation

A team competes in the Far East Consortium Dragon Boat Race, flailing paddles at the waters of Millwall Outer Dock
Teams competed on the waters of Millwall Outer Dock on the Isle Of Dogs

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The developer behind Consort Place on the Isle Of Dogs hosted an event this month at the Docklands Sailing And Watersports Centre to raise much-needed funds for local charities. 

Far East Consortium (FEC) – which recently welcomed the first residents to Aspen, the tower at the heart of its scheme – organised a Dragon Boat Festival on the waters of Millwall Outer Dock this month.

Teams from the developer and its partners – including Knight Frank, NHBC, Hawkins Brown, Dorsett Hospitality International, The Media People, Dex Construction, TP Bennett, Kohler, McBains, JRL, HTA and BB7 – did battle on the water with paddles and sweat, for glory, medals and a trophy.

Consultancy firm WSP won the day, with its team – Stroke Of Genius – topping the podium. All proceeds from the event will go to the East End Community Foundation (EECF), which gives grants to charities across the local area.

Two dragon boats race in front of Far East Consortium's Aspen At Consort Place tower in east London
The teams competed in front of FEC’s Aspen At Consort Place Tower (centre)

grants for good causes

“FEC is a patron of our Life Chances Campaign, which means it has committed £60,000 so far and is hopefully going to come on board to support this for the next three years,” said EECF campaign director Sally Bateson.

“It’s all about creating lasting change.

“We’ve been looking to raise more money so we can give bigger grants over longer periods of time to support the grassroots organisations we work with who don’t have the resources or profile to find the funds themselves.”

Image shows a woman with brown hair in a green dress – CEO of the East End Community Foundation, Tracy Walsh
Tracy Walsh, CEO of the East End Community Foundation

where the Far East Consortium money goes

EECF CEO Tracy Walsh added: “We focus on youth unemployment and wellbeing, pension poverty and isolation and digital inequality – we put a lot of money into these areas.

“For example, with unemployment, young people might feel like big organisations aren’t for them but they will go to a less glamorous youth club next door.

“We’re funding a person to tackle the problem in those settings.

“We are also providing money for a lot of holiday programs to aid wellbeing – giving young people food, physical activity and safe places to be.

“With pension poverty, we’ve invested about £80,000 to train front line workers to help older people claim benefits that they are entitled to.

“It’s been nine months and we’ve already seen £400,000 of money go to people who are eligible for it.

“There’s millions of pounds of unclaimed Pension Credits and we thought we should do somthing to help people get it.  

“On digital equality, we’re now working in primary schools to help connect low income families.

“They get 12 months free broadband, a laptop and training on how to stay safe online and help their kids with homework.

“We’ve connected more than 600 so far and we want to boost that figure by 200 by the end of the year.

“In Tower Hamlets we were just shocked by how many homes don’t have any digital connection – it’s around 50,000.

“We’ve got the highest level of child poverty in the UK here and the highest level of pension poverty. If organisations all do their own thing, the impact can be diluted.

“What we’re saying with Life Chances is that if we all work together, it’s easier to make a difference and also easier for the charities, who only have to apply to one funder rather than dealing with lots of different ones.”

Image shows a man in a black baseball cap and T-Shirt with orange Far East Consortium logos – it's Bruno Almeida Santos, FEC's development director
FEC development director Bruno Almeida Santos at the even

Far East Consortium: a question of values

Far East Consortium development director Bruno Almeida Santos said the company’s involvement with the EECF and donating to its Life Chances Campaign was really about the business’ core values.

He said: “We’ve been trying to arrange this event for three years, so we’re very pleased that it’s happened and that we could attract these organisations to see the work of the foundation.

“Hopefully we can make this a tradition, especially as it’s a dragon boat race and we’re a Hong Kong developer.

“It’s very important for us as a company to support the EECF. I think some organisations do things as a tick-box exercise but we want to do way more than that.

“This isn’t about our obligations to an S106 agreement, but actually contributing to the foundation, including the joy of losing to the children who were racing as part of one of the teams.

“You know, when you see the smiles on their faces, that you’re making a difference because it’s a day they will never forget.

“Hosting it at the Docklands Sailing And Watersports Centre was a case of the stars aligning.

Racers relax with barbecue and drinks at Far East Consortium's Dragon Boat Race on the Isle Of Dogs
Teams enjoy a well-earned break at Far East Consortium’s Dragon Boat Race at the Docklands Sailing And Watersports Centre

“It’s one of the best settings to view Aspen – our flagship development in London – from and to bring everyone together here. 

“It’s been under construction for five years and it’s been a challenging scheme with the pandemic, but we’ve managed to crunch the numbers and overcome the issues. 

“I think a lot of that has actually been on the human side, with people working together to resolve the problems.

“It’s been about communication and working together and this is about celebrating that as well as supporting those around us.

“Actually being on the ground with the EECF means you get a completely different experience – you get to see the outcome of that support and we’re really, really happy about that.

“We’ll have to do the race again with even more people.”

In addition to hosting a raffle, all proceeds raised on the day, including ticket sales have gone towards the foundation’s work.

“The day also provided plenty of scope for networking and team building for participants.

“It felt really great,” said Lovisa Claesson, graduate consultant at WSP and a member of winning team “Stroke Of Genius”. 

“To be honest we all worked within different areas of the business, so didn’t really know each other before the contest. But we got the women in the front and the men following.”

10 people pose in celebration of winning the Far East Consortium Dragon Boat Race
Winning team Stroke Of Genius

key details: Far East Consortium’s Aspen At Consort Place

Homes at Aspen At Consort Place by Far East Consortium – just off Marsh Wall – are available now. Prices start at £550,000.

The EECF is also based on the Isle Of Dogs and offers a wide range of ways for companies to get involved with good causes locally – including supporting its Life Chances campaign.

Find out more about the development here

Find our more about the work of EECF here

Read more: East Bank director Tamsin Ace on collaboration in Stratford

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- Jon Massey is co-founder and editorial director of Wharf Life and writes about a wide range of subjects in Canary Wharf, Docklands and east London - contact via jon.massey@wharf-life.com
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East London: East End Community Foundation’s unveils Life Chances drive

Charity seeks to raise £5million to tackle issues in Tower Hamlets, Hackney, Newham and the City

East End Community Foundation chair Bronek Masojada – image Matt Grayson

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“When I was approached about joining the East End Community Foundation, I thought it answered a problem that I’d had as a CEO,” said Bronek Masojada, who has spent the last 28 years at the helm of insurance firm Hiscox.

“There is a lot of desire among staff at companies to get involved in charitable activities close to where they work and that’s great, but the question then is what, precisely?

“The answer to that question is a navigation service for organisations that identifies what those needs are, which are the most effective charities to support and how to make sure any donation is put to good use.

“I’m not going to pretend to understand what the needs of individuals are in deprived areas – nor do my colleagues.

“That navigation service also needs to show how staff can be involved to a limited extent because, from my experience people’s desire to play a part is much greater than the reality when dates are in the diary and free time and weekends have to be given up to do that. 

“The EECF provides a service that addresses all those issues, for anybody who would like to try to make a difference – a clear solution to a clear problem.

“The fact it also gives away a substantial amount of its own money every year means the team has every incentive to make sure it is done so effectively.”

Bronek joins EECF as chair, having taken over from Canary Wharf Group’s Howard Dawber towards the end of last year, his arrival coinciding with the launch of the charity’s Life Chances Campaign to raise and distribute £5million to help deprived communities in east London recover from the effects of the pandemic.

The money will be distributed to organisations in Tower Hamlets, Newham, Hackney and the City with the three aims of improving the wellbeing and employment prospects of young people, tackling digital exclusion and reducing poverty and isolation among older people. Pledges of £750,000 have already been made.

Bronek said: “About £2.5million will go on the first of these, about £1million on the last and the balance on digital connectivity.

These areas all slightly overlap – what drives elderly isolation is lack of digital connectivity in today’s age, not just access to things like iPads, but the competency to use them.

“It’s not just about giving people a bit of kit, but also providing support.

“My mother and my mother-in-law in South Africa are both big silver surfers, because they are driven to enjoy connectivity with their children and grandchildren, and that’s fantastic.

“My mother has been self-isolating, but probably speaks to my children more often than me, through digital means.

“It will be the same for people in east London – if you can’t get out because of Covid, you should still be able to connect with people.

“Zoom and other platforms are free, if you know how to use them. There is some reticence.

“I can remember when I put my grandmother in front of a Space Invaders game,  she just froze, but nowadays you don’t have that choice.

“Life Chances is trying to address real needs. The average salary in Tower Hamlets is £80,000 a year but the average household income is £25,000. That’s understandable, but pretty extraordinary when you think about it.

“What we’re trying to do is to appeal to the people and the firms that employ them in the area to help those who are resident locally.

“I recently read youth unemployment in London is four times the national average and Life Chances is about helping people into work.

“Not everyone’s going to be an investment banker – I get that – but firms like Hiscox and employers in Canary Wharf need a huge range of skills and capabilities.

“Clearly good educational achievements make things easier, but even for those who don’t have them we can make a real difference by helping them get entry-level jobs.

“I have friends in the insurance industry who grew up within earshot of Bow Bells, but who have done unbelievably well.

“These companies do offer people who are smart, even partly educated, the ability to rise through the ranks and that’s what they want.

“It was a surprise to learn about the disparity between income versus household income. It’s pretty apparent if you travel through the four boroughs and listen to what’s going on. 

“I was also surprised when the EECF’s CEO, Tracey Walsh, told me there were 5,000 charities and community groups active in those areas – that gives you a sense of the size of the challenge and the need for navigation.

“If there’s a corporate wanting to get involved, how do you find and pick an organisation to support? Which are effective and which make a difference?

“Often that choice is made because of individual connections, partners or friends, but to my mind that’s not the best way to choose a charity.

“The EECF applies rigour – groups have to apply for grants. They have to explain what their outcomes are going to be and then assess whether their aims were achieved or not. That’s a powerful process.

“The other thing about the EECF is that some of the grants are quite small in monetary terms – £2,000 or £5,000, for example – but they can make a real difference to a particular community group or charity.

“It’s hard for big companies, who might want to give say £50,000 – which is the top level we ask organisations to commit to – and to then break that down into grants themselves. Hiscox, for example, wouldn’t be able to do that.

“EECF is a well respected organisation. It’s seen as independent, fair and transparent and those are great things to build on. It has its own money to give away and full credit to Howard and Tracey for building that up. 

“My ambition is to continue the work they and the other trustees have been doing for many years and make the Life Chances Campaign a success.

“We don’t need a revolution – there’s a very clear plan of how we can make a difference and improve people’s lives.

“It’s a good programme and, if we can just deliver on that, then that’s a job well done.

“The more successful we are with Life Chances, the more we may have to increase staff numbers and so on, but that’s an outcome rather than a goal.

“I think that the other thing we’d like to move to with the campaign is to say to those getting grants that we’ll give them a certain amount each year for the next three years, so they can plan rather than having to put their energies into constant fundraising.

“An ambition has also got to be to augment the million or so we give away every year.

“If we can get to the £2million mark every year for the next five, that would be pretty awesome.”

For Bronek, the decision to become chair of EECF follows on from a long line of extramural activities undertaken while working at Hiscox, including the position of deputy chairman of Lloyds Of London for seven years.

“I’ve always thought that a business and a person succeeds if they are involved in more than one thing,” he said. 

“The beach is really very nice to relax on, but you have to have something to relax from – when you’re there all the time, it’s no longer relaxing.

“I feel the idea of stopping work and allowing the skills and knowledge that I’ve managed to accumulate to dissipate would be a waste. My hope is I can use them instead to make a beneficial and positive impact on the wider community.

“In terms of the difference I can make, clearly there’s the day-to-day governance of the organisation and I’ve had a fair experience of that.

“Hiscox was a lot smaller when I started there in 1992 and I’m used to us going into new countries, opening offices with no staff and then, slowly, over a decade building a physical presence and a good business.

“The fact that EECF has a dozen staff is really great, because it’s small, it’s informal – you don’t manage an organisation like that the way you manage a UK business like Hiscox, which employs well over 1,000 people.

“I also have a reasonable address book and I’m not scared to go and ask people for things, so I can help the team with the opening doors part of fundraising.

“They then have to close the deal, but I know that the hardest thing when you’re raising money is knowing who to talk to and then actually getting to speak to them.

“Even if they say no, that’s better than not talking to them, because you’re building awareness.

“Of course, there’s no certainty that we will succeed with the campaign, but it’s my view that it’s always better to try and to fail rather than not to try at all.”

Organisations that would like to support the Life Chances Campaign or charities and community groups interested in applying for EECF grants can find out more at the foundation’s website.

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