The Charitable Foundation at St. James’s Place has reached the £100m mark for monies raised through fundraising and corporate matching.
The Charitable Foundation is the sixth largest corporate foundation in the UK and was established in 1992 with a focus on supporting smaller grassroots charities through a range of grant programmes. Currently it provides funding and support to over 900 charities every year, with 88 per cent of funding going to charities in the UK and 12 per cent overseas.
Catherine Ind, Head of the St. James’s Place Charitable Foundation says: “The events of this year and the pandemic have really shone a light on the charitable sector, the importance of the work it does and the ongoing challenges it faces for funding. Charities are not only suffering from the impact of lost income due to fundraising activities being restricted, but also an increasing demand for their services to support the additional challenges caused by the pandemic.”
The Charitable Foundation has so far given £2m of support to charities through the pandemic. This includes £450,000 awarded to the National Emergencies Trust, £250,000 to NHS Charities Together and a £50,000 donation to the Trussell Trust.
St. James’s Place also gave a further £100,000 to the Trussell Trust to support additional infrastructure changes to cover the significant increase in demand caused by the pandemic. The support to the sector so far during this period has helped charities to adapt their delivery methods, develop new initiatives and provide emergency funding.
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