Huw Irranca-Davies MS welcomes new Funding Programme to revitalise Ogmore’s inactive charities
The Revitalising Trusts Programme, run in partnership between the Charity Commission for England and Wales and Community Foundation Wales, with funding from the Welsh Government, works to identify inactive or ineffective charities and ‘revitalises them’, for the benefit of local communities.
As part of the programme, the Commission plans to contact over 200 charities in Wales to release a target of £25 million currently lying idle in dormant accounts. The programme works by identifying charities in Wales that are either inactive (meaning they have had no income or expenditure over the last 5 years) or ineffective (having spent less than 30% of their total income over the last 5 years). The Commission then gives the trustees an option to act – with support to help the charity get back up and running if needed.
Otherwise the funds are redeployed to causes in line with the aims of the dormant charity or the trust is transferred to Community Foundation Wales to be managed for the long-term benefit of local communities. In the latter case, the money is granted to charities in need, as well as used to create a regular income stream that will sustain their work to help communities for years. Where charities can no longer operate, they will be wound up and removed from the charity register.
Huw Irranca-Davies MS, said: “I am pleased the Charity Commission, in collaboration with Community Foundation Wales, with funding from the Welsh Government, has launched this new programme. Charities across Ogmore and their hard working volunteers have played a vital role before, during and after this pandemic and this revitalised funding will go directly to them.
“This is a fantastic initiative, and I urge any eligible charities in Ogmore that have inactive funds to come forward so they can revitalise their money and ensure it goes to charities on the front line, providing essential services during this pandemic.”
Helen Stephenson, CEO of the Charity Commission, said: “I’m very pleased that we’re rolling out this successful programme to support charities and the communities that they work with across Wales. We have so far exceeded our initial targets and released over £32m to aid charities in England and now, with funding from the Welsh government, we want to deliver similar success for charities in Wales – especially during this time of heightened need.
“The Charity Commission is therefore calling on the trustees of charities in Wales, who may be eligible for the scheme, to come forward either for assistance to get up and running again or so that funds currently lying idle in accounts can be transferred to best help active charities and those they benefit in Wales.”
Richard Williams, Chief Executive of Community Foundation Wales, said:
“We are delighted to be working with the Charity Commission and Welsh Government to bring this programme into Wales.
The grants that will be generated by the Revitalising Trusts Programme will be a lifeline to grassroots charities as they strive to recover from the Coronavirus pandemic whilst continuing to support communities across Wales.”
1. Charities falling within the programme’s criteria and seeking support in helping to get their charity operating again can contact the Revitalising Trusts Programme for advice and support at: CSrevitalisingtrusts@charitycommission.gov.uk
2. Funds are distributed as grants via Community Foundation Wales. Information about applying for these grants is available at www.communityfoundationwales.org.uk.