William Castelll, chair, Wellcome Trust
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Wellcome Trust's investment portfolio reaches £18bn

19 Dec 2014 | Kirsty Weakley

The Wellcome Trust has posted a 15.4 per cent return on its investment portfolio, earning £2.5bn for the year to 30 September 2014.

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Wellcome Trust's investment portfolio reaches £18bn

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People's Health Trust

The grantmaking community health charity, People’s Health Trust, announced today it will build a living wage requirement into all future funding applications.

Kevan Jones

A Virgin Money donation of £1m to charities in the North East has been described as “paltry” by Labour MP for North Durham, Kevan Jones.

Angel of the North (image credit: Christine Matthews)

Virgin Money has announced plans to invest £1m in the North East after its offer to part-fund the Northern Rock Foundation fell through yesterday.

Northern Rock Foundation says closure is now 'likely' after Virgin Money offer falls through

The Northern Rock Foundation is preparing to wind up after an offer of funding from Virgin Money fell through because the charity cannot raise the £3m-a-year match funding that offer needs.

So B&B operators cannot refuse gay couples a bed in their own home yet banks can assume muslim organisations might be laundering money for terrorists without any criminal act being proved. Its a strange world.

» Finsbury Park Mosque told its bank account will be closed by HSBC

UK Community Foundations wants government to discourage new private trusts

Umbrella body UK Community Foundations has recommended tougher restrictions on private trusts in order to improve effectiveness, in its ‘philanthropy manifesto’ for the general election.

Graphics for Britain's Personal Best

The Big Lottery Fund has withdrawn the £1m grant awarded to the Britain’s Personal Best project after it failed to reach any of its targets.



Northern Rock Foundation says closure 'inevitable'

The Northern Rock Foundation will close after it failed to reach a funding agreement with Virgin Money, the new owner of the Northern Rock bank.

Dawn Austwick, chief executive of the Big Lottery Fund

The Big Lottery Fund is embarking on a strategic review that will underpin its direction and priorities for the next three to six years.


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