PRESS RELEASE
FOR IMMEDIATE RELEASE
Heart of England Community Foundation which supports projects in the West Midlands & Warwickshire says it is ‘overwhelmed’ after receiving a further £2 million from an anonymous donor who gave the charity £4 million just ten months ago.
The Community Foundation is celebrating receiving the major donation which will be used continue its work supporting vulnerable people.
The donor, who opted to remain anonymous, gave the foundation £4 million in December last year and requested that the funds be used to provide accommodation solutions for those who are homeless or vulnerable.
The funds were used to launch the Foundation’s Building Better Lives programme, which is to support a maximum of three initiatives which will upgrade, extend or develop existing accommodation to provide additional capacity.
The same donor has now given another £2 million to the Foundation – with £666,000 of this being added to the programme and £1.333 million put into the Foundation’s endowment fund, which is invested to guarantee a legacy of giving for communities in years to come.
Organisations across Birmingham, the Black Country, Coventry, Solihull and Warwickshire were invited to bid for between £500,000 and £1.35 million from the Building Better Lives fund, and stage one applications are now being reviewed.
Heart of England Community Foundation is a specialist charity which awards funding to grassroots projects across the West Midlands through corporate and private donors that want to make a lasting difference to their communities. It is the only one of its kind in the region.
Tina Costello, Chief Executive of the Foundation, said:
“To receive £6 million from the same donor is absolutely incredible and further represents the confidence placed in the Foundation and the work that we deliver.
“The donor has enormous trust in our approach and has generously continued to support us. We are overwhelmed but delighted to accept such a generous gift and we can’t wait to put this funding to good use.
“It will make a huge difference to the lives of vulnerable people across the West Midlands.”