With the welcome news just in that the government is providing £750 million for UK charities, here is a brief run down of the details of what we know so far.
A more detailed update will follow as and when information becomes available.
£750 million in new funding for charities has been announced by the chancellor, broken down as:
- £370 million to smaller community charities across the UK (some of which will be distributed by the Big Lottery Reaching Communities Funds)
- £360 million will be distributed as direct government grants to charities providing ‘essential services and supporting vulnerable people’
- £200 million of this will go to hospices and organisations supporting vulnerable children, victims of domestic abuse and disabled people
The government will also be matching the money raised when Comic Relief and Children in Need hold a joint evening fundraising broadcast by BBC on the 23 April 2020, with a minimum of £20 million pledged to the National Emergencies Trust appeal
Information regarding exactly who can access these funds and how/when this can be done has not yet been released.
MORE TO BE DONE
Although this figure falls short of the £4 billion identified by NCVO as the size of the loss facing the sector, it is an important first step.
The government has reaffirmed that charities can use the many existing schemes to protect staff (details of the furlough scheme can be found here).It has also acknowledged that for some organisations, shutting up shop would contravene their very purpose.
The Chancellor has said that ‘one of our greatest strengths as a society is our civil society’ and that ‘charities have not been forgotten’ giving the sector hope that more support is on the horizon.
Outside of Westminster, The Charity Bank has put together a list of emergency coronavirus funding currently available across the UK. It is regularly updated and can be found here.
If you have any legal concerns arising from the COVID-19 pandemic, please contact Harriet Morgan
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