It funds the charitable work of organisations that build an inclusive, creative and sustainable society. It is one of the largest UK grantmakers, awarding £42m for projects in the arts, children and young people sectors in 2016.
In October 2016, the foundation launched its Young People Leaving Care fund. It wants to offer support to the 10,000 young people over 16 who leave care each year, a third before their 18th birthday.
How much is available and what will it fund?
The fund will allocate more than £2m each year up to 2021 to support charities that help young people transition from care to independent living, and ensure care leavers receive high standards of services from local authorities. The first tranche of funding was allocated earlier this year.
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