Lloyds Foundation news

FOUNDATION AWARDS OVER £300,000 TO SUPPORT CORE CHARITY WORK
1st December 2010
Lloyds TSB Foundation for Scotland has awarded over £300,000 in funding to 50 Scottish charities. Over £290,000 of this has been awarded through the Foundation’s Henry Duncan Awards programme which support grassroots charities, and over £18,000 through the Capacity Building programme which supports charities to review how well they are performing and put in place improvements.

Speaking about the £314,721 awarded, Mary Craig OBE, Chief Executive of the Foundation, said: “This is the second round of awards we’ve made this year, and we’re delighted to be able to support the great work of Scotland’s charities. A large number of the awards we have made will be used to pay for core running costs of charities. These range from £1,980 which will be used to cover room hire, materials and tutor fees for a social club for people with learning disabilities, to £8,000 which will cover the property rental costs for a group.

“Without support to pay for these essential core costs, many charities would not be able to deliver their vital work in local communities, so this funding will make a huge difference. Regardless of the amount of money a charity gets, our funding is targeted at improving the quality of life of people in communities throughout Scotland.”

Charities who would like more information about applying to the Foundation for an award should contact us on 0131 444 4020.