Grants from Asian businesses help North East organisations
Howard Lake | 12 August 2013 | News
Asian businesses in the North East have funded grants totalling £3,500 to charities providing help for health, homelessness and young people, in the latest round of funding from the Asian Fund.
The money was distributed by the Community Foundation Tyne & Wear and Northumberland, which set up the Asian Fund in 2005 to co-ordinate giving back to local communities by Asian businesses in the region. Grants ranged from £500 to £1,000.
The fund has now made total grants of over £28,000 to over 40 groups. People from all backgrounds have benefited from the scheme.
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The Newcastle-based Community Foundation is the UK’s biggest community foundation. It has built an endowment of more than £50 million from philanthropists giving money to the various funds it holds.
It acts as a hub for individuals, families, businesses and other agencies that want to give to communities, by matching their interests with those seeking funding.
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.