London business urged to help secure nearly £3.7m for local charities
- London could lose £3.7m in match funding opportunities to help tens of thousands of people living and working in London
- 30 companies giving just £250,00 each would create a legacy of over £11m for the capital
- London Community Foundation urges the capital’s top businesses to help secure crucial funds
- London’s Evening Standard and Deputy Mayor Richard Blakeway support the drive
London could lose £3.7m in match funding opportunities and we must not let this happen, Francis Salway, Chairman of the London Community Foundation, told top London stakeholders and developers in London. Just 30 companies giving just £250,00 each would create a legacy of over £11m for the capital.
Also supporting the drive to secure the funds earmarked by the Government’s Office for Civil Society, were Deputy Mayor for Housing, Land and Property Richard Blakeway and Managing Director of the Evening Standard Doug Wills. The match funding must be distributed by next spring or face being returned to the Treasury.
The London Community Foundation encourages and enables effective giving by individuals, trusts and local authorities. Dedicated to improving the lives of London’s most disadvantaged, child poverty, unemployment, isolation and homelessness are just some of the issues being tackled across the capital. Since 1995 £40million has been invested into over 5,000 charitable projects. Donors and partners include Comic Relief, Deutsche Bank, Land Securities, Affinity Sutton and Lambeth Council. Last year alone through £5m of grants the London Community Foundation helped an estimated 310,000 Londoners. Young recipients from Just for Kids Law, who have been helped by the charity, joined guests to promote the work done so far by The London Community Foundation.
Francis Salway, Former CEO of Land Securities and Chair of the London Community Foundation said:
“The important thing is that we do something about this, and that is where community foundations come in. Businesses, organizations and individuals can give back to the local people and support the disadvantaged in our own cities. We pride ourselves on our grassroots expertise, in working with small local charities and community groups who would otherwise sit under the radar.”
Speaking at the event held at New London Architecture’s Building Centre, Chief Executive Officer of The London Community Foundation Sonal Shah highlighted the benefits to companies about owning their own tailored funds:
“The London Community Foundation can help you channel your funds into issues you care about. Giving through The London Community Foundation allows you to engage with the projects you are supporting to create your own legacy for the future. And with the added benefit of match funding, we urge you to make a difference to your London today.”
Richard Blakeway, Deputy Mayor for Housing, Land and Property, commented on the benefits of the charity:
“This is a unique opportunity to secure an extra 50% funding from the Government to support worthwhile causes throughout our city and help thousands of Londoners. We must not let this funding be returned to the Treasury and are all here because we have a great passion to help those less advantaged.”
Also supporting the charity works’, Evening Standard and Independent Managing Director Doug Wills said:
“I strongly encourage companies across London to take advantage of this fantastic opportunity to increase your donations by 50%. Thanks to a previous match funding opportunity the Evening Standard has built up a considerable endowment, the income from which allows us to do tremendous work every year with our Dispossessed Fund”.
For further information about how you or your company can help access these matching funds for London, please contact Development Director Lucinda Shaw on 0207 5825117 or Lucinda@londoncf.org.uk
Published on 27 September 2013
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