Big Lottery Fund seeks organisation to run £200m charitable trust
Howard Lake | 27 July 2010 | News
The Big Lottery Fund is inviting applications from organisations to set up and run a £200 million independent charitable trust that will help turn urban and rural neighbourhoods across England into better places to live.
The money will be given out through local funding schemes in each of the ‘Big Local Trust’ target neighbourhoods. The funding will be distributed over ten years. The neighbourhoods all have a history of difficulty in obtaining resources, including funding from the Big Lottery Fund.
Fifty neighbourhoods have been announced today, and a further 50 or more areas across England will be selected by the Lottery Fund in the next 12 to 18 months to benefit from the programme.
Peter Wanless Big Lottery Fund Chief Executive said: “The Big Local Trust funding stream will help local people identify their pressing issues and develop the skills and confidence necessary to start changing things in their community for the better. The Trust will involve people in each of the selected 50 areas to decide on the best way to use the funding. This builds on BIG’s record of giving people a greater say in where Lottery money goes”.
Expressions of interest from organisations who wish to run the Trust should be received by 12 August 2010.
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.