Grants awarded

North East Fund

The North East Fund asked for applications that promoted long-term change in communities that need it most by:

• Enabling homeless people or people at risk of homelessness to find a home. The Foundation is particularly interested in supporting applications from organisations working to increase the supply of good quality, affordable rented properties.
• Providing opportunities for young people to secure sustainable employment.
• Creating and supporting community and social enterprises that bring money and jobs into a deprived community.

Since the launch of our North East Fund in 2015, 65 community organisations have been awarded 89 grants between £10,000 and £50,000. 34 awards have been made to organisations working with homeless people totalling £1,338,556, 37 awards have been made to organisations working with young people totalling £1,396,426 and 18 awards have been made to social enterprises totalling £639,689.

Ripple Fund

We want to see vibrant, flourishing and diverse local communities. We believe that change is possible and is most successful when it starts locally. By supporting sustainable regeneration in local communities, we enable activity that has a ripple effect beyond its immediate context, inspires lasting change, strengthens economies and has a positive impact on society as a whole.

Each year, we aim to deploy up to £1 million through the Ripple Fund, split between a very small number of projects that will make the biggest difference to their community and achieve lasting change. Our intention is to survey a broad range of organisations working to regenerate local communities and to draw from these those that are the closest fit to the Foundation’s ambitions generally and for the Ripple Fund specifically.

Since the launch of our Ripple Fund in 2016 eight community organisations have been awarded a total of £1,547,943 to help create a ripple effect in their local communities.

#iwill

The #iwill Take Action Fund aims to support the ambition of a lifetime commitment to social action, increasing the number of opportunities for young people to volunteer and fundraise for or campaign on issues that are important to them. The #iwill fund has a commitment to reducing the social and financial barriers that stop some young people from taking part in social action.

Since the launch of our #iwill Take Action Fund in 2017 we have awarded 16 grants totalling £1,247,912 to organisations based in the North East supporting some of the hardest to reach young people in our region to engage in social action.

Open data

Virgin Money Foundation is committed to transparency and we work with 360Giving to publish information about our grants. We believe that with better information, grantmakers can be more effective and strategic decision-makers. 360Giving provides support for grantmakers to publish their grants data openly, to understand their data, and to use the data to create online tools that make grant-making more effective. For more information, visit http://www.threesixtygiving.org

Using the 360Giving data standard, our grants are available as a .csv here.

This work is licensed under the Creative Commons Attribution 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/. The data must be attributed to Virgin Money Foundation.