The Big Lottery Fund is to change its name to the National Lottery Community Fund.
The grant-maker said today it would rebrand on 30 January in a bid to make the organisation’s purpose and work clearer to the public and support the long-term health of the National Lottery.
The name change, which coincides with the National Lottery’s 25th anniversary, will also help lottery players understand the difference they make to charities when they buy tickets, the BLF said.
The BLF awarded £508.5m of lottery money to good causes last year, which went to more than 11,000 projects.
But this was a fall of almost £200m from 2016’s total, which the BLF said was due to a fall in National Lottery revenue.
The name change would cost the BLF £55,000 and a new logo would be unveiled in the New Year, a spokeswoman said.
She said BLF grant-holders did not need to make any changes now and the BLF would support them through the name and logo changes.
Dawn Austwick, chief executive of the Big Lottery Fund, said: "Groups and charities use our funding, be it £500 or £500,000, to bring people together, make good things happen and help their communities to thrive.
"We want to make sure that as many people as possible understand who we are, what we do and how National Lottery funding could help them make a difference in their communities.
"That’s why we’re looking forward to starting 2019 – when we will also be celebrating the National Lottery’s 25th Birthday – as the National Lottery Community Fund."