Wesleyan, the specialist financial mutual, aims to give up to £1 million a year to good causes throughout the UK.
Every quarter Wesleyan invites its customers and supporters of the chosen causes to vote for the cause they would most like to support. The more votes a cause gets, the bigger the share of support it receives. The Foundation supports both local community groups and charities nationwide. Its four core themes are:
- Social development
Whilst the funding will come from Wesleyan, it is partnering with Heart of England Community Foundation, who will administer the fund and distribute it to organisations across the UK. Three levels of funding will be awarded, including small grants of £2,000 and under, medium-sized awards of between £2,000 and £10,000 and discretionary, large grants of more than £10,000. Charities that have received funding over the past six months include Brandwood Community Centre, Birmingham, which hired two new staff members to support a debt advice service, a Leeds Down’s Syndrome group, which is set to open a new cafe and Nottingham-based Broxtowe Youth Homelessness, which used the funding to launch a drop-in service.