Anglo-German Foundation to close

Charity says it has fulfilled its mission

A charity founded to improve relations between Britain and Germany is to cease operations on 4 December because it says it has fulfilled its mission.

The Anglo-German Foundation, which was established in 1973 by the British and German governments, has funded research into economic, environmental and social issues that affect both countries.

Its funding came from an endowment by the German government and subsequent grants.

In a statement, the foundation said it had fulfilled its founding objectives of improving mutual knowledge between the countries and developing a deeper understanding of modern society.

Its final initiative, Creating Sustainable Growth in Europe, was launched in 2005. The concluding seminar will take place in London on 25 November.

Charities that work in a similar field to the foundation have been invited to submit bids for grants of up to £30,000 each to acquire the foundation's remaining assets, which are expected to be about £80,000 at the conclusion of the final project.

A final board meeting to be held on 26 November will decide which bids have been successful.

The three remaining members of staff will receive a redundancy package agreed by the trustees, which Ray Cunningham, director of the foundation, described as being in line with best practice in the third sector.

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