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Foundation for Sport and the Arts to close in 2012

Foundation for Sport and the Arts to close in 2012

The Foundation for Sport and the Arts is to close at the end of March 2012, and will stop accepting applications for funding in March 2009.

Set up in 1991 to channel money originally donated by Littlewoods and other football pools companies to a wide range of sporting and artistic causes, the Foundation has made grants worth over £350 million.

The decision to close followed a review of its financial position. The Trustees believe this will enable them to continue to make awards at the current annual levels. It will also mean they can close in the same year as the London Olympics, “a fitting climax”.

Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world's first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Research massive growth in giving.

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