A New Fund

Read here about the London Community Response Fund and our decision to pause new applications for 'Bridging Divides' grants until Autumn 2020.

Published:

The City Bridge Trust Team are standing firmly with the Sector during this difficult time. Our team has been one of the significant driving forces behind the overall London Community Response, a collaborative effort by funders, councils and businesses to meet the ever-increasing and changing needs of the charitable and voluntary sector during COVID-19.  Enabled by our Trustee, the City of London Corporation, we quickly moved, with the GLA, to create the London Community Response Fund. As founder funders, CBT and the GLA both kick-started the fund with a £1m contribution each. That fund has grown to over £13.5 million and the CBT team is instrumental in assessing the applications and ensuring the grants are processed as quickly as possible.

After Wave 2 of the the LCRF, the total number of grants distributed stands at 992 to 951 organisations, totalling £13.1m. A full list of the grants awarded can be found Here

CBT has adapted its processes to maximise the number of organisations it can assist since the lockdown began.  In order to be able to adapt and meet demand, we have put a temporary pause on new applications to our general grant giving scheme, Bridging Divides, which will help us process those applications already received whilst maintaining the urgent work with the LCRF.

Bridging Divides will not open before the end of September. We are reviewing what our funding priorities should be in light of Covid-19 and its aftermath. When it is reopened we will issue statements on our website and social media. Meantime, the team will continue to process hundreds of grants through the LCRF and continue to assess and fund those Bridging Divides applications already received.

For those existing grant recipients seeking continuation funding, please contact citybridgetrust@cityoflondon.gov.uk.

We are very mindful of the strains and stresses under which the sector is working and know the incredible commitment of many to meet ever increasing needs. Therefore, alongside the ongoing support to LCRF, we improved and streamlined our application process and created simpler evaluations systems. It’s important to reduce, where possible, the bureaucracy for organisations submitting formal reports yet maintaining the ability to capture key information. In this way, we aim to continue being responsive, living our values, and listening to and standing with the sector during this unprecedented time.

 

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