Funding

Covid recovery – John Lyon's Charity

3 mins read Children's Services Coronavirus
While the immediate impact of Covid-19 on charities' finances has been all too clear, with Pro Bono Economics predicting the pandemic would cost charities £6.4bn in lost income in 2020, the long-term effects on the sector are still largely unknown.
Illustration: Martialred/Adobe Stock
Illustration: Martialred/Adobe Stock

The vaccine programme may offer a chance to open up much of society and the economy again, but there is uncertainty over how higher unemployment, stretched local government budgets and social distancing restrictions will impact on charities' ability to generate income. In recognition of what looks set to be a challenging period, grant-giver John Lyon's Charity (JLC) has launched a £22m fund from its endowment to support the children and young people's sector over the next six years.

What's the focus of the fund?

Last year, JLC provided £12m of support to children's charities in nine west London boroughs it operates in through its general grants programme and an extra £1m in emergency grants to tackle Covid pressures. It has developed this new fund to deliver its strategic plan to “protect the children and young people's sector”, with the core focus being on “home, school and community” – what JLC calls the “main points of reference in any child's life”.

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