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£750 Million Coronavirus Charity Funding Package Announced

Helping charities continue their amazing services ...

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POSTED BY ROGER EDDOWES ON 14/04/2020 @ 8:00AM

Across the UK, frontline charities will benefit from a newly announced £750 million Coronavirus charity funding package to ensure they can continue to provide their amazing services during the Coronavirus outbreak ...

The new Coronavirus charity funding package will support the good work of charities across the United Kingdom!

The new Coronavirus charity funding package will support the good work of charities across the United Kingdom!

copyright: wavebreakmediamicro / 123rf

These charities include hospices, refuges and other charities supporting domestic abuse victims. There's £360 million direct from Government departments and an additional £370 million specifically for smaller charities which includes a grant to the National Lottery Community Fund.

"The Government will also match donations to the National Emergencies Trust being promoted during the BBC's Big Night fundraiser later in the month!"

There are many thousands of charities who provide vital services and these will benefit from direct cash grants, ensuring they can meet the increased demand lockdown is creating as well as helping them continue their day-to-day activities by supporting those most in need.

Organisations at the very heart of the community will also benefit. The National Lottery Community Fund is supporting those delivering food and essential medicines and providing financial advice to families.

This announcement is a positive move by the Government and adds to their support of businesses, including deferment of VAT, business rates grants, staff furloughing and self-employed support. While the lockdown stalls the country, the Government is trying to support as many of us as possible so that when it ends, the economy can hit the ground running.

In the immediate future, Citizens Advice will increase the number of staff offering advice and Government departments will work at pace to identify priority recipients with charities set to receive a share of the money in the coming weeks. There is also a new application system for the National Lottery Community Fund becoming operational soon.

I feel that this is a very positive move from the Government and one which charities across the UK will most definitely appreciate.

Until next time ...

ROGER EDDOWES
Business Godparent

Would you like to know more?

If anything I've written in this blog post resonates with you and you'd like to discover more about this new coronavirus charity funding, call me on 01908 774320, leave a comment below or click here to ping over an email and let's see how the Business Godparent can help you.

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About Roger Eddowes ...

 

Roger trained at Edward Thomas Peirson & Sons in Market Harborough before working at Hartwell & Co, followed by Chancery, as a partner. He started Essendon Accounts and Tax with Helen Beaumont in 2014 as a general practitioner with a hands-on approach.

Roger loves getting his hands dirty, working with emerging, small-to-medium and family businesses to ensure they receive the best possible accountancy advice. Roger utilises an extensive network of business contacts to leverage the best guidance and practical solutions.