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Lloyds TSB Foundation for England and Wales increases grants in first half of 2012

Lloyds TSB Foundation for England and Wales increases grants in first half of 2012

The Lloyds TSB Foundation for and Wales has granted £11.2 million to 508 charities during the first half of 2012, compared to £10.9 million given to 402 charities in the same period in 2011.

Support for children and young people was the top issue funded during the first six months, with £1.7 million awarded to charities working in this area. This was closely followed by £1.5 million granted in charities working to support people with disabilities.

The average grant size awarded by the Foundation during this time was £22,096. The majority of grants were awarded over two to three years, mainly to support core costs.

Linda Kelly, Chief Executive of the Lloyds TSB Foundation for England and Wales, said: “As one of only a few grant-makers to provide support for much needed core costs, we are delighted to be able to continue to provide a consistent and high level of assistance to those most disadvantaged in society during 2012 and beyond”.

In addition to its main Community Programme, the Foundation has recently launched a new additional £2 million programme targeted at charities supporting older people. The fund offers grants of at least £50,000 over three years to encourage empowerment and independence of older people. The closing date for submissions is 20 September 2012.

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.

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