City Bridge Trust pledges £5m

The City Bridge Trust, the City of London Corporation’s charitable funder, has pledged £5 million to the London Community Response Fund (LCRF), which is helping organisations keep providing vital services through the pandemic.

Meanwhile, the fund, which has helped almost 1,000 organisations across the capital since being set up by City Bridge Trust in March, has been awarded a further £7 million from The National Lottery Community Fund – the largest funder of community activity in the UK.

It brings the total pledged to the LCRF to over £25 million, including £11 million from City Bridge Trust, £5 million from the Mayor of London and donations from 15 other funders and companies.

“The LCRF has already played a hugely important role in helping London’s charities and voluntary organisations across the capital which are doing critical work on the coronavirus frontline to cope with the impact of the pandemic.

“The new funding we’ve committed and the funding from The National Lottery Community Fund, thanks to National Lottery players, means the LCRF can support more organisations and help more vulnerable people right across the capital.”

Dhruv Patel, Chairman of the City of London Corporation’s City Bridge Trust

The London Community Response Fund forms part of the wider London Community Response, co-ordinated by membership network London Funders, which has brought together over 60 funders committed to distributing over £40 million together since it was set up at the start of the pandemic.

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