Eight charities to share multi-year funding totalling £859,581

Eight charities to share multi-year funding totalling £859,581

Eight charities across Scotland have received the first grant awards from Bank of Scotland Foundation’s new Invest programme, which will help to ensure financial certainty during these exceptionally difficult times. They will share a total of £859,581 through the multi-year grants programme.

The Invest programme is part of ‘Supporting Positive Change Across Scotland’, the Foundation’s five-year strategic plan which was launched last year. As the Foundation is one of few funders to cover core costs such as salaries and rent, all eight charities applied for a grant to help cover staff costs.

The eight awards made in this first Invest programme are: -

Charity

Region

Award

Term

REACH Lanarkshire Autism

Glasgow

£64,228

Two years 

(£32,114 per year)

Riding for the Disabled Association Glasgow Group

Glasgow

£106,625

Five years 

(£21,325 per year)

theGKexperience

Glasgow

£127,475

Five years 

(£25,495 per year)

Parkhead Citizens Advice Bureau

Glasgow

£103,125

Three years 

(£34,375 per year)

Caithness & Sutherland Women's Aid

Highlands & Islands

£103,940

Five years 

(£20,788 per year)

Home-Start Renfrewshire and Inverclyde

West Scotland

£95,643

Three years 

(£31,881 per year)

West Dunbartonshire Community Foodshare

West Scotland

£113,370

Five years 

(£22,674 per year)

The Moira Anderson Foundation

Central Scotland

£145,175

Five years 

(£29,035 per year)

Philip Grant, Chair of the Foundation’s Board of Trustees and Chair of the Scottish Executive Committee, Lloyds Banking Group said, “Scotland’s charities faced enough financial pressure before Covid-19, but with large scale fundraising events now being cancelled the pressure is even greater.

“We are delighted to have been able to continue as planned with our new Invest programme and award these charities with longer term funding to help to ensure financial stability.”