Business in the Community has received an investment of £20,000 from Lloyds Banking Group to expand its full-time community secondment scheme.
The Lloyds Banking Group has confirmed that it is appealing to London’s Supreme Court against the judgment ordering it to pay £3.5m to the Lloyds TSB Foundation for Scotland.
Linda Kelly, CEO at the Lloyds TSB Foundation for England and Wales, says that good governance and proof of results are key to receiving funding from her organisation.
Just a year after celebrating its 21st anniversary, national charity Young People in Focus has been forced to close due to the difficult financial climate.
The Lloyds TSB Foundation increased its grantmaking to £24.5m, in line with expectations, last year and predicts there to be more demand for its grants in 2011.
The Lloyds TSB Foundation, one of the biggest grantmakers in England and Wales, saw a sharp increase in both eligible and total funding applications last year as charities tried to plug funding shortages.
Charities working with people with learning disabilities and mental health problems caught up in the criminal justice system now have another avenue of funding available.
The Lloyds TSB Foundation for Scotland has initiated legal proceedings against its benefactor the Lloyds Banking Group over an alleged breach of their covenant, after being given just £38,920 rather than the £3.5m it believes it is due.
