New fund established to support charitable organisations across the North East and Scotland

growthA major new fund has been established at the Community Foundation Tyne & Wear and Northumberland following the transfer of The Dickon Trust.

Each year around £46,500 will be available to charities and community groups in the North East and Cumbria following the creation of an endowment worth £1.4m. An additional £23,000 will also be available to groups in Scotland.

The Community Foundation is launching the first round of funding and is encouraging applications from charities and community groups. The aim of the Dickon Trust Fund is to support general charitable aims but the Fund is particularly keen to consider applications from smaller charities and organisations supporting young people and carers. The Fund will not support churches, individuals or animal charities and a full list of guidelines is available via the Community Foundation.

Richard Barrett, a panel advisor for the Dickon Trust Fund said:

“My parents and fellow trustees established The Dickon Trust as a way to give something back to charities in the North East and Scotland. After many years of supporting local causes we decided to work with the Community Foundation because of its track record in supporting charities and community projects, its experience in grant-making and its ability to invest charitable funds to support causes in perpetuity. We felt the time had come for us to take a step back from operating the Trust and we are delighted to continue its legacy with an endowment fund at the Community Foundation.”

The Dickon Trust was created in 1986 by John Rollo Barrett and Diana Linda Barrett along with fellow trustees. A transfer of £1.4m was made by the Dickon Trust to establish an endowment fund at the Community Foundation which will exist in perpetuity to support causes in the community. The Community Foundation model was established over 100 years ago in the USA and the Community Foundation for Tyne & Wear and Northumberland is the largest of its kind in the UK and Europe. Panel advisors to the fund are Richard Younger Barrett, son of John and Linda along with his cousins Robin Brims and Mark Robson. The family are hoping to use the expertise and reach of the Community Foundation to deliver a programme of effective philanthropy. Grants to Scottish groups will be made through the Community Foundation’s sister organisation, Foundation Scotland.

Rob Williamson, Chief Executive of the Community Foundation said:

“We’re delighted to establish the Dickon Trust Fund . Through our knowledge of local communities, we will honour the wishes of the Dickon Trust and its founders, John Rollo and Linda Barrett.  As part of our growing endowment, the Fund will exist to support communities for generations to come. We would like to thank the trustees for choosing the Community Foundation. They join a growing tradition of trusts for whom we are the vehicle for continuing their philanthropic legacy.”

The deadline for applications is 31 July 2015. For more information how to apply visit www.communityfoundation.org.uk/apply.

Posted on 09/06/2015 @ 4:44 pm
Filed under: News