# New £40 million trust to create nationwide legacy from 2012 games

- Link: https://fundraising.co.uk/2007/11/26/new-40-million-trust-create-nationwide-legacy-2012-games/
- Published: 2007-11-26T00:00:00+00:00
- Author: Howard Lake

The Legacy Trust UK has been launched, offering £40 million that will use the 2012
Olympic and Paralympic Games to promote culture and sport among young people and
communities, and leave a lasting legacy of the events.
The Legacy Trust UK has been
endowed with £40 million by The Big Lottery Fund, the Arts Council and the Department
for Culture, Media and Sport. It will be used to support cultural, artistic, educational
and sporting activities that celebrate the 2012 Games.

As well as funding projects that benefit the whole UK, such as £6million for the
UK School Games, the trust will allocated its funds to specific projects via the
three nations and nine English regions of the UK.

The Trust will work with the London Organising Committee of the Olympic and Paralympic
Games (LOCOG). It is expected that many of the projects that it funds will be eligible
for inclusion in the programme for the Cultural Olympiad, which is a key element
of the 2012 Games.

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Dugald Mackie, chair of Legacy Trust UK said: “This money will create a legacy from
the London Games that will benefit people all over the country for years to come.
The Trust intends to make a small number of high-value grants to partners that can
co-ordinate significant programmes to deliver on our promise. We expect to make 
the first awards next autumn”.

The Trust was established by the City of London which led a consortium that included
the East London Business Alliance, Business in the Community, Yorkshire Forward 
and TimeBank. This consortium was one of several that put forward proposals to the
funders as to how the fund should be spent.

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