The Garfield Weston Foundation, one of the UK’s largest grant-making charities, has given away £1bn in its lifetime, the foundation has announced.
The foundation, which is now in its 60th year, said today it had made more than 40,000 individual grants and given its billionth pound to the Worcestershire-based youth charity the Ourside Youth Association.
The foundation was set up by Willard Garfield Weston, founder of Associated British Foods, which is responsible for household names such as the clothing retailer Primark and the Twinings tea brand.
The charity still has a controlling share in Associated British Foods and has descendants of the founder among its trustees.
It spent almost £63.9m last year and has long-term investments worth almost £9.9bn, according to the Charity Commission website.
Garfield Weston announced a new £5m fund earlier this year to support small charities and community organisations.
The grant to Ourside is worth £70,000 over the next three years, the foundation said.
Philippa Charles, director of the Garfield Weston Foundation, said: "Ourside really shows that when young people are determined they can achieve amazing things and make a real difference in our community.
"We know that this donation will enable it to reach many more young people and have a real impact both today and in the future. We couldn’t think of a better charity to receive our one-billionth pound in our 60th anniversary year. "
Carly Elwell, founder of Ourside Youth Association, said: "Being selected for this grant has given us a huge boost in confidence and we are determined to achieve our goal of becoming the main hub for young people in this area, offering a variety of advice and youth services."