Poverty Relief Funds Available
Due to the ongoing hardship and financial crisis brought about by the coronovirus pandemic, a few new funds to support charities and poverty relief work have come online.
Martin Lewis the Consumer expert and founder of Moneymarket.com is donating £1 million to charities helping others who have been affected by the coronavirus pandemic. He announced that his personal charity fund will be giving away grants of £5,000 to £20,000. The cash will be distributed in the next few weeks and he has urged coronavirus-related charities such as foodbanks, community aid projects and organisations that give financial advice help to apply. Please go to this link for more information.
Also members the Greater London Authority and the City Bridge Trust have contributed £1m each to launch a new fund to support London’s voluntary sector. The emergency scheme – which will be coordinated by London Funders – will be available to organisations facing immediate financial pressures and uncertainty because of the coronavirus. These include increasing demands for services, higher staff absences, fewer volunteers and lower donations.
Further information about the fund will be published next week once more details are confirmed. Check the website www.londonfunders.org.uk where you might be directed to a new website for the fund. Alternatively there is an update next week in a special edition of London Funders newsletter – sign up here