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Nineteen philanthropists, charitable funders and foundations – whose campaigns have raised millions for the most vulnerable since the coronavirus pandemic struck – have received a share of £85 million to double their donations to good causes, Culture Secretary Oliver Dowden announced today.
Household names including Comic Relief, The Greggs Foundation and Global’s Make Some Noise have committed millions of additional pounds of support for vulnerable people, with the Government’s Community Match Challenge scheme matching their generosity pound for pound.
This funding is part of the £750 million package of support announced by the Chancellor for frontline charities across the UK during the coronavirus outbreak.
The Department for Digital, Culture, Media and Sport has led the allocation of funding to support charities providing key services to help vulnerable people during the crisis. Funding awarded includes £200 million for hospices and £76 million to charities that support vulnerable children and people who have suffered from domestic abuse, sexual abuse and modern slavery.
The Government has also matched public donations to the BBC’s “The Big Night In” charity appeal, with over £74 million being distributed by Comic Relief, Children In Need and the National Emergencies Trust to charities on the frontline. This is on top of the £150 million released from dormant accounts to help social enterprises get affordable credit to people who are financially vulnerable and support charities tackling youth unemployment.
Charities have also had access to wider measures to support the economy, including the Coronavirus Job Retention Scheme and the Coronavirus Business Interruption Loan Scheme.
In line with government guidance, charity shops have been able to open from 15 June in England, and will benefit from the new enhanced retail rate relief at 100 per cent.
Paul Streets, Chief Executive of Lloyds Bank Foundation for England and Wales said:
“We have supported small and local charities across England and Wales that help people to overcome a range of complex social issues like homelessness, domestic abuse and mental ill health for 35 years. The match funding from DCMS will enable us to add to our core investment from Lloyds Banking Group and give more money to small but vital charities this year so they can help more people for longer at a time when their services have been never more needed.”