Partnership News

The e-magazine for the Norfolk County Strategic Partnership

Winter 2010
 

Index

Norfolk Community Foundation

2009 was a very successful year for the Foundation. Through the generosity of its donors the Foundation was able to provided grants in excess of £800,000 to over 300 charities and community based groups across Norfolk.

This achievement can, in many ways, be attributed to the Foundation's success in attracting new donors to work with the Foundation and in particular the Norfolk 100. Launched back in 2007 the aspiration for the Norfolk 100 was to secure 100 individuals and businesses that would be willing to commit to donating £1,000 a year for three years. This provides the Foundation with funds that can be used for immediate grant giving and also build an endowment that would see grants being made long into the future.  Ultimately this money is used to support the 4,000 or more charities and organisations which provide such valuable grassroots support to the Norfolk community. From each donation of £1000, £500 will be used immediately to support local needs and the remaining £500 is invested for the future.

With the recession clearly affecting both people's ability to give and charities ability to fund and promote their activities there is not doubt that the collective importance of the individual members of the Norfolk 100 is key.  This allows the Foundation to support these organisations and address the many varied issues facing Norfolk communities. Since its launch in 2007 the Norfolk 100 has awarded grants totalling over £94,000 and created a permanent endowment to provide ongoing future support, totalling £142,000. Under the current Government Grassroots Challenge, the Foundation can secure 2:1 match funding on its endowment funds and this uplift will continue to ensure the Foundation's ability to deliver meaningful grants in the future.

The Norfolk 100 has been a huge success and remains a key component of the Foundation's offering to its donors, prospective donors and grant recipients. If you would like to join the Norfolk 100 or know more about how it operates then please either visit the Norfolk Community Foundation website which is www.norfolkfoundation.com or contact Graham Tuttle, Director, on 01603 623958

 

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