New Belfast based trust will support local and overseas projects
Howard Lake | 13 December 2019 | News
A charitable trust has been established in Northern Ireland to support work in Ireland and overseas.
The LFT Charitable Trust says it will achieve its objectives by awarding grants to assist in the relief of suffering and distress, to further and advance the education of children and adults and to promote the health and wellbeing of children and adults by way of sustainable livelihood projects.
Additionally, LFT (which stands for Lonergan Family Trust) aims to support charities which in the view of the trustees are unable to obtain, or have difficulty in obtaining, funding from traditional funding sources. As well as supporting work in Ireland the trust focuses its giving on Madagascar or third world countries with the aim of making long term improvements to people’s lives within the sectors of education, health and welfare, sustainable livelihoods and water provision.
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Funding focus of LFT Charitable Trust
The trust provides funding for developing countries, in particular Madagascar, through the associated Adsum Foundation.
Detail provided in the trust’s registration with the Charity Commission for Northern Ireland says it will support:
- The relief of the suffering and distress of those persons who, by reason of social, financial or other circumstances are in need.
- The furtherance and advancement of the education of children and adults including the promotion of adult literacy and numeracy, the building and maintenance of schools and other educational establishments, the supply of educational materials, the provision of educational courses designed to increase awareness of HIV/AIDS, the promotion of sustainable investment in education and the provision generally of financial assistance in connection herewith.
- The promotion of the health and wellbeing of children and adults by way of sustainable livelihood projects
Where does the trust’s income come from?
The LFT Charitable Trust says its income is derived from a corporate donor which is believed to be Alterity Investments which is controlled by the Lonergan family who comprise the trustees of the trust. Aidan Lonergan, who heads the family, is a successful property developer and investor.
The charity registration provides contact details but no information on how to apply for 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.