Funding story: Northern Rock Foundation

By Radhika Holmstrom, Third Sector, 31 October 2007

The financial crisis that has engulfed the Northern Rock bank could mean a decline in its foundation's grant making.

It's hard to believe that the Northern Rock Foundation was set up only 10 years ago. In that time, it has become a major player, not only in north-east England, but also across the UK. It has been able to do this because its funding includes 5 per cent of...

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