On 22 August 2022 The London Community Foundation began fundraising for our Together for London cost-of-living appeal. Since then, we have been receiving generous donations from new and existing donors.
We will shortly begin distributing these funds to charities and organisations across London in the form of small grants to support you with increased costs due to the cost-of-living crisis.
In times of crisis and struggle, it’s important that we are as transparent as possible. That’s why we want to tell you about our intentions to launch the fund and how it will work. We hope this is one way we can help you plan ahead during this crisis period.
Where do the funds come from?
The London Community Foundation is different from other traditional charitable foundations in that we fundraise for the money we grant. That’s why we launched the Together for London fundraising appeal. So far, we have raised £1 million in donations from new and existing donors, such as Bank of Ireland and Trust for London.
We know that in October, we have not yet felt the real impact of the cost-of-living crisis. That is why we need to keep on fundraising and will continue to do so throughout the winter. We also know funding is finite, and we can only distribute as much as we can raise.
How will we deliver the fund?
We will deliver the Together for London fund based on our learning from our COVID-19 emergency funding. This means, if funding is available, we will consider more than one round of funding.
Key details for applications
We will be launching the Together for London fund on Thursday 27 October. We know funds need to get out quickly so we will be keeping the first round of the fund open for applications until 12 noon on Thursday 17 November (three-week application window).
We expect (at this stage) to be launching with £1 million and expect to be making grants of up to £10,000 each. This means we expect to make around 100 grants.
Keeping you updated
We will keep communicating with you to ensure, should things change, we can provide you with updates as soon as possible.
We stand in solidarity with our fellow Londoners who will be at the sharp end of this crisis and with the incredible local heroes like you who run our local community organisations and charities. Thank you for all that you do.