The Cambridge Building Society Community Fund launches with £500,000
CCF is delighted to announce a new partnership with The Cambridge Building Society with a charitable fund with initial funding from The Cambridge of £500,000. The Fund is available for local groups, charities and organisations who are working to respond to home and housing needs.
The Fund will be open for our 1st November and 1st May deadlines to applications of up to £10,000 from groups operating within a 15 mile radius of The Cambridge’s branch and store network. The new initiative is allowing more funding to reach those with the end goal of addressing housing needs in Cambridgeshire, and supporting vulnerable people in the community.
The Society has made the funds available by participating in the Dormant Assets Scheme, a UK Government programme that enables financial institutions to use dormant funds for the public good. The Fund is the third initiative announced under ‘Making The Difference’ which is the Society’s commitment to finding new ways to help people have a home and to work with the community to support those who offer services for shelter and housing.
Peter Burrows, Chief Executive of The Cambridge comments, “We are delighted to announce the launch of The Cambridge Building Society Community Fund, which will support charitable groups committed to helping vulnerable people with their housing needs. We’re excited to begin the process of awarding grants to a range of community groups and to see the impact they will make on the lives of local people.”
Michael O’Toole, Chief Executive of the Cambridgeshire Community Foundation says, “It is no surprise to see The Cambridge leading the way on dormant account funds locally and we are honoured to be working with the Society on this initiative. The Cambridge exemplifies local-based businesses who care about their communities and want to make a positive difference. This Fund will focus on enabling access to housing and homes for all, and my team at The Cambridgeshire Community Foundation is eagerly awaiting applications from the community.”
Applications for grants are open now and will close on 1st November 2020. Please visit The Cambridge Building Society Community Fund page for more information on how to apply.