10/09/2026
Innovation is key to the survival and evolution of all charities, but between firefighting and funding applications, charity leaders don't have much time or budget for it…
Profit for Good was created to change that.
Delivered by The Rank Foundation and Social Enterprise Academy, it gives charity leaders the chance to step away from day-to-day firefighting and explore enterprise ideas to strengthen their organisation for the long-term.
As well as a cohort-based programme of learning and support, participants receive:
- £10,000 seed funding to test an idea
- Action learning sets with external facilitators
- Matched funding for growth over three years
- A supportive group of peers that lasts well beyond the programme
In 2025 alone, 18 organisations developed enterprises through Profit For Good, receiving £180,000 of investment alongside the learning and development support.
Looking back to the cohort of 2023, the 10 organisations who took part generated £274,000 last year through the enterprises they developed.
And this week our next cohort of Profit For Good gets underway.
This work is core to our mission at The Academy - to develop the people who drive the change, and to give them space and support to innovate.
It’s incredible when we have partners who are so aligned in our relational approach - thank you to the team at The Rank Foundation for continuing to drive this forward.
See the full story: https://socialenterprise.academy/blog/news/how-rank-foundation-are-supporting-leadership-and-innovation-to-develop-resilient-charities/