A charity set up by Boris Johnson, the Mayor of London, has raised £7m in its first year, according to its annual report.
The Mayor's Fund for London secured funding from organisations including Barclays Capital, which contributed £1m, and the Private Equity Foundation, which provided £2m.
Other contributions were received from the Big Lottery Fund, the Man Group plc Charitable Trust and the Metropolitan Police.
The fund also secured money from a number of individuals, including newspaper proprietor Richard Desmond, who contributed more than £250,000.
The funding has been allocated to a range of projects on mentoring, job skills, children's centres, sports and dance.
Chris Robinson, chief executive of the fund, said: "Our programme is already making an impact and there is a lot more to come."
