Matthew Bowcock Chair, Community Foundation Network
Community foundations are charities located across the UK dedicated to strengthening local communities, creating opportunities and tackling issues of disadvantage and exclusion.
Community foundations target grants that make a genuine difference to the lives of local people. They manage funds donated by individuals and organisations, building endowment and acting as the vital link between donors and local needs, connecting people with causes, and enabling clients to achieve far more than they could ever by themselves.
Community foundations provide professional and personalised philanthropic advice and grant portfolio development for each client.
The network has grown rapidly over recent years. More than 95% of the population live in the area of benefit of a community foundation. It is one of the largest independent funders of community organisations in the UK (making grants of around £70 million a year).
The Dispossessed Fund set up by the Evening Standard to support small community organisations across London tops £1.3 million.
On July 20 CFN launched a partnership with the London Evening Standard to raise awareness of and funds for individuals and groups struggling with poverty across the capital
Grassroots Grants provides over £38 million for community groups
Record year for local charitable giving reveals blitz spirit in the teeth of the recession