New Charity Survival Fund launches to provide much needed funds to UK charities struggling with loss of income due to Covid-19.
Julia and Hans Rausing are pleased to announce the launch of a new ‘Charity Survival Fund’. A total of £10 million will be made available to support charities in the UK, targeting small and medium size charities. The aim is to provide core funding to help charities overcome the impact of Covid-19, offsetting lost income.
The charity funding gap has been brought into acute focus in recent weeks, with studies highlighting the stark reality that one in ten charities in the UK will be facing bankruptcy by the end of the year, due to falling income and rising demand for services.
The Charity Survival Fund aims to reach charities across the UK whose annual income is below £5 million. Successful applicants will be charities that need financial aid to support the costs of existing programmes and their day to day work, rather than for expansionary purposes or to fund capital projects.
The size of the grants on offer range from £1,000 to £250,000, with the aim of supporting approximately 200 charities across the country. There is a particular interest in receiving applications from charities not previously funded by the Trust.
For more information and to apply click here
Deadline: 27 July 2020