Coronavirus: Money-saving expert offers £1m of funding for small charities

Grants of between £5,000 and £20,000 are available to UK-registered charities

Martin Lewis (Photograph: HGL/GC Images/Getty)
Martin Lewis (Photograph: HGL/GC Images/Getty)

The money-saving expert Martin Lewis is offering £1m in grants to small charities for projects related to the coronavirus pandemic.

Lewis said he was releasing the funds from his personal charity, which was set up with £10m in 2012, to support “small registered charities, or local arms of bigger charities”, to help with specific UK coronavirus-related poverty-relief projects. 

Grants of between £5,000 and £20,000 will be available. 

What constitutes an eligible organisation was not accurately defined in the statement announcing the funds, but charities must be registered. 

Examples of projects that might be funded could include food banks and charities providing community aid or financial advice. 

“My hope is to get the money distributed within the next couple of weeks, and I'm looking for projects that are up and running or are in the process of being set up, because we want to deliver help at speed,” he said. 

Applications must be made by 11:59pm on 25 March and can be made here.

Lewis said only specific coronavirus projects would be considered for funding.

“There's no point chancing your arm for other charity projects, no matter how good," he said. "It will just slow us down in making grants where needed.”

He also appealed to any high net worth individuals or foundation that might want to donate a minimum of £10,000 towards the fund. 

Foundation offers £300k in grants

Community Foundation Tyne & Wear and Northumberland is to disburse grants totalling £300,000 to charities responding to and recovering from Covid-19. 

The charity has launched a Coronavirus Response and Recovery Fund to support charities within the Tyne & Wear and Northumberland areas. 

Grants will vary between £1,000 and £10,000 for the first stage, the charity said. 

But applications for the funds are not being accepted at this stage and eligible charities will be chosen using the community foundation’s database. 

The sums available include a donation of £100,000 by the Newcastle Building Society. 

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