The Lloyds TSB Foundation for England 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 funding 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.
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