Community hunts funding
PUBLISHED: 16:48 13 October 2010
A fund set-up to benefit charities in the borough is hoping to secure tens of thousands more pounds as it celebrates its second birthday.
The Bromley Community Fund has just secured a commitment by the Coalition Government to match every pound of funding it raises up to a further £40,000 until the end of the tax year in March.
It was set-up after the transfer of some 12 ancient trust funds from Bromley Council, as well as corporate donations and individual pledges.
President of the community fund, Richard Lane, said: “I am delighted with the progress we have been able to help so many organisations.
“But it was unfortunate that we launched just before the full extent of the recession became clear and that really affected our money raising ability.”
To celebrate its second birthday the Bromley Community Fund held a reception on Tuesday at the Old Palace at Bromley Civic Centre, in Stockwell Close.
The event was attended by business leaders involved in the project alongside the borough’s MPs and councillors.
Mr Lane said: “There are signs that more interest is coming so we are keen to showcase some of the organisations that have already benefited from the fund.
“I am confident that we can get there but we need the understanding and support of local people and businesses.”
The Bromley Fund, which was set up by the Capital Community Fund, makes grants of up to £5,000 to small charities and organisations which can otherwise struggle to find funding.
One group that has already been helped by the cash is the 5,000 Project, which helps to care for Bromley’s homeless population.
Volunteer case worker Sandy Greenfield said: “Without the funds from the Bromley Community Fund we wouldn’t be able to provide fortnightly meals or our food parcels.
“The money acted as an Olympic springboard to other funding too.”
■ To find out more about the fund go to www.capitalcf.org.uk/Bromley.