The philanthropists Julia and Hans Rausing have launched a £10m “survival fund” aimed at helping charities through the coronavirus pandemic.
The couple said it would be the first time that their eponymous trust would be open to accepting funding applications from charities.
The fund will provide core funding to help charities overcome the effects of Covid-19 and is open to UK-registered charities with annual incomes of less than £5m.
Grants are expected to range between £1,000 and £250,000, with the aim of supporting about 200 charities.
The couple have already given £16.5m in emergency donations to support more than 50 chosen charities since the start of the pandemic.
Since 2011, the Julia and Hans Rausing Trust has provided more than 220 grants totalling more than £200m, particularly in the areas of health and wellbeing, welfare and education, and arts and culture.
In a statement, the couple said: “The last few months have proven very difficult for individuals and organisations across the country, and in particular for charities who have seen their regular sources of funding dry up.
“The Charity Survival Fund is designed to provide financial aid for many small and medium-sized charities that are facing financial hardship. Their work is needed now more than ever, and we hope this new fund helps bridge the financial gap until usual sources of income return to the sector.”
The deadline for applications is 27 July, with a formal announcement of successful applicants expected to be made in September.
For more information and to apply, click here.