Joseph Rowntree Charitable Trust to ‘significantly increase grant spending’
A Quaker Trust is to increase grant spending by £3 million per year
The Quaker Joseph Rowntree Charitable Trust has announced plans to significantly increase its grant spending by over £3 million per year in a drive to step up its work and widen its geographical spread. The move will take the Trust’s annual grant spending from around £7 million per year to over £10 million per year, for the next ten years.
The increase was decided by trustees as part of a ten yearly review when it was decided that the Trust will aim to give more grants to organisations outside London to achieve greater geographical diversity. The Trust will also meet demand by making a number of larger, longer or core grants to charities where suitable.
Nick Perks, the Trust secretary, said: ‘We have decided to make more grants across the UK in recognition of the importance of devolved nations and regions and that systemic change requires many voices and experiences.’
He added: ‘We want to be an open and responsive funder and we know that more core or unrestricted grants are what many charities want and could greatly benefit from.’
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