Latest News

January 2009

Christmas comes early to charities in the North East and Cumbria.

Northern Rock Foundation’s Trustees have awarded almost £2 million in their Christmas grants round.

Penny Wilkinson, the Foundation’s Chief Executive said when announcing the most recent round of awards:

“There are lots of people who provide care to members of their families and their relatives – there are other people who volunteer their time to help others in crisis. The Foundation has always recognised the great contribution they make to the lives of others in the North East. At Christmas time especially they deserve our recognition.”

Some of the grants awarded include:

Other grants made by the Foundation include an award of £70,000 to the National Autistic Society to help to provide a befriending scheme for families with children with Autism and an award of £96,015 to Barnard Castle YMCA to support one-to-one work with some of the more disadvantaged young people living in and around this rural community.

The Foundation has made grants totalling over £11 million in 2009.

Ends

Notes to editors

Northern Rock Foundation is a charity and company limited by guarantee with an independent Board of Trustees that makes all decisions on governance, finance and policy. The Foundation aims to tackle disadvantage and improve quality of life in North East England and Cumbria. To do this, it invests money, time and expertise in charitable activities using several tools including grants, loans, training, research and demonstration projects. The Foundation’s work is delivered by a professional staff team of 12 based in Newcastle upon Tyne.

The Foundation was established when Northern Rock demutualised in 1997. Up to December 2007, the bank gave, by covenant, 5% of its annual pre-tax profits to the Foundation, totalling more than £190 million. The Foundation will receive a minimum of £15m a year in 2008, 2009 and 2010 from Northern Rock, as part of the arrangement under which the bank was taken into temporary public ownership. Maintaining this arrangement is a condition of any sale of the bank in that period. The Government has asked the bank’s board to identify a viable long-term future for the Foundation.

Full list of funding approved in December (contact details for funded organisations are available on request).

Name

Grant Amount £

Term

A Way Out

75,000

3 year

Addaction

120,000

3 year

Barnard Castle YMCA

96,015

3 year

Nightstop Teesside

90,000

3 year

Allenheads Contemporary Arts

74,000

2 year

Appetite Dance Production CIC

48,635

3 year

BalletLORENT

60,000

3 year

Tyneside Cinema

75,000

3 year

Tees Valley Arts

75,000

3 year

The Empty Space

35,000

1 year

Carers Together in Redcar and Cleveland Ltd

100,675

3 year

Durham and Chester-le-Street Carers Support

124,226

3 year

DISC

86,326

2 year

Skimstone Performance Company Ltd

105,000

3 year

The Glenmore Trust

37,879

3 year

The National Autistic Society

70,000

2 year

Ulverston Mind

81,434

3 year

Zayis Raanon

60,000

3 year

Barnardo’s

111,176

3 year

Kidsafe UK

85,932

3 year

Victim Support

154,088

3 year

Tyneside Cyrenians

120,000

3 year

Open Clasp Theatre Company

80,000

1 year

TOTAL

1,965,386

 

 

Close window