The Virgin Money Foundation will be offering a number of funding programmes that help communities in the UK. Their first programme will help transform communities in the North East. Funding is available for the following:
- Enabling homeless people or those at risk of homelessness to find a home. The Virgin Money Foundation are interested in supporting applications from organisations working to increase the supply of affordable rented properties.
- Providing opportunities for youth education, training and enterprise. Applications will be judged on the number of young people helped to find employment.
- Creating and supporting community and social enterprise. Proposals will be assessed for their innovation, enterprising behaviour and job creation.
- Funding feasibility studies into larger capital projects that will bring people and money into a deprived community. Proposals will be judged on overall impact, enterprising behaviour, jobs created and any additional investment likely to come into an area.
Applications can now be made from organisations working in the North East of England in the local authority areas of Darlington, Durham, Gateshead, Hartlepool, Middlesbrough, Newcastle upon Tyne, North Tyneside, Northumberland, Redcar and Cleveland, South Tyneside, Stockton on Tees and Sunderland.
The closing date for applications is 28th September 2015, with successful applicants announced in November. A second round of funding will open later in the year.
Further information and FAQs can be found here: https://virginmoneyfoundation.org.uk/funding-faq/
Have you registered for Tait Walker’s Charity SORP Update seminar on Thursday 24thSeptember? The event will focus on the latest key issues, including an update on the SORP, Social Investment Tax Relief and the tax issues to consider when fundraising.