Grants from trusts 'outstrip statutory'

Funding from trusts
Funding from trusts

The value of grant funding from trusts and foundations has exceeded the value of grant funding from government sources for the first time since at least 2000, according to figures from the National Council for Voluntary Organisations.

Its UK Civil Society Almanac 2015 shows that foundation grants to the sector totalled £2.5bn in 2012/13, while government grants totalled £2.2bn.

The voluntary sector has relied heavily on government sources for grants in the past. In 2011/12, the government provided £2.6bn in grants and foundations provided £2.4bn; in 2001/02, government grants totalled £5bn and foundation grants £1.6bn.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Already registered?
Sign in
Follow us on:

Latest Jobs

RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners


Expert Hub

Insurance advice from Markel

Charity property: could you be entitled to a huge VAT saving?

Charity property: could you be entitled to a huge VAT saving?

Partner Content: Presented By Third Sector promotion

When a property is being constructed, VAT is charged at the standard rate. But if you're a charity, health body, educational institution, housing association or finance house, the work may well fall into a category that justifies zero-rating - and you could make a massive saving

Third Sector Logo

Get our bulletins. Read more articles. Join a growing community of Third Sector professionals

Register now