# Lloyds TSB Foundation for England and Wales secures same funding as 2011

- Link: https://fundraising.co.uk/2012/04/18/lloyds-tsb-foundation-england-and-wales-secures-same-funding-2011/
- Published: 2012-04-18T08:00:00+01:00
- Author: Howard Lake

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

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