Lloyds TSB Foundation for England and Wales secures same funding as 2011
Howard Lake | 18 April 2012 | News
Lloyds TSB Foundation for England and Wales will receive the same income for 2012 as 2011. It will receive £25.2m from Lloyds Banking Group, with which it has a nine year funding agreement, with guaranteed funding of over £50 million for the next two years.
The Foundation supports registered charities that help disadvantaged people play a fuller role in the community, with 50% of its funding weighted towards the top twenty most deprived areas.
The Foundation, which celebrated its 25th anniversary last year, has helped many charities with core costs: over the last three years, it has distributed £56.8 million through its flagship Community Programme, primarily in core costs.
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Linda Kelly, Chief Executive commented: “The Foundation is one of only a handful of grant makers in England and Wales that provides support towards much needed core costs. We hope our continued approach, as a leading community funder, will help to provide the much needed support and core funding for charities working with the most disadvantaged within our society.”
www.lloydstsbfoundations.org.uk
- Lloyds TSB Foundation for England and Wales increases grants in first half of 2012 (21 August 2012)
- £30 million over five years loan fund announced for Welsh charities’ buildings (5 December 2012)
- Nominet Trust offers grants to redevelop 25 charities’ websites (19 December 2012)
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About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.