Virgin Money Foundation makes £850,000 available to charities affected by the health crisis

The Virgin Money Foundation has made a total of more than £850,000 available for community groups affected by the coronavirus pandemic. 

The grant-making charity announced today that it would make £500,000 available for its existing grantees through the Virgin Money Foundation Community Resilience Fund to replace lost income or meet additional costs incurred as a result of the pandemic.

It awarded another £100,000 to the Community Foundation for Tyne and Wear and Northumberland’s Response and Recovery Fund to help small but critical community organisations supporting those most affected by Covid-19.

And an additional £252,731 will be available through the pre-existing Community Anchors’ Fund, which supports locally-led organisations making a positive difference to their neighbourhoods, to help groups affected by the virus.

Nancy Doyle-Hall, executive director of the Virgin Money Foundation, said: “We are thinking of our incredible grantees at this time and the vital support they offer to their local communities.

“We know many are already distributing food parcels, activity packs for children and young people, contacting and supporting those in need who are isolating and setting up digital platforms to continue much needed services.

“The impacts of Covid-19 will undoubtedly have a significant effect upon the charity sector as a whole, which is often on the front line of supporting local communities, and we know they are working hard to balance the wellbeing of their staff with the needs of the communities they support.

“Through these latest funding announcements we hope to equip and enable Community Anchors to play a full and vital role during the pandemic and beyond.”

More information can be found on the Virgin Money Foundation website.

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