# Lloyds TSB Foundation for England and Wales’ income to remain at £25.2 million for three years

- Link: https://fundraising.co.uk/2011/03/21/lloyds-tsb-foundation-england-and-wales039-income-remain-252m-three-years/
- Published: 2011-03-21T17:04:45+00:00
- Author: Howard Lake

Lloyds TSB Foundation for England and Wales reports that its income for 2011 will
be £25.2 million and that this level of funding will be sustained throughout 2012
and 2013.

The charity, which helps disadvantaged people play a fuller role in the community,
has over the last three years provided support in over 97% of local authorities 
across England and Wales. Of this funding, 49% was weighted towards the top 20 most
deprived areas.

Since it was established 25 years ago, the Foundation has granted £297 million to
42,000 charities. Over the last three years £56.8 million has been invested in the
flagship community programme, primarily in core costs.

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As well as helping charities to maintain, expand or improve their core services,
the funding helped 30% of recipient organisations to secure additional funding from
other sources.

Linda Kelly, Chief Executive said: “We hope our continued approach, as a leading
community funder, will help provide the much needed support and core funding charities
need to continue their vital work with our society’s most disadvantaged people and
communities.”

www.lloydstsbfoundations.org.uk

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