# Grants from Asian businesses help North East organisations

- Link: https://fundraising.co.uk/2013/08/12/grants-from-asian-businesses-help-north-east-organisations/
- Published: 2013-08-12T10:26:13+01:00
- Author: Howard Lake

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](http://www.communityfoundation.org.uk),
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.

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