Barclays extends Covid funding programme for 50 further donations of £100,000

13 Jul 2021 News

Barclays has extended its 100x100 programme and will make a further 50 donations of £100,000 to charities dealing with the ongoing impact of the pandemic. 

The bank is now is inviting registered charities, with an annual income of at least £1m, to apply.

As part of Barclays’ £100m Covid-19 Community Aid Package it pledged to make 100 donations of £100,000 to UK grassroots charities. But it has exceeded this target and made 187 such donations in 2020 in the UK.

In this round, it plans to give a further 50 cash donations of £100,000, bringing the total number of charities the fund has supported to 237.

Barclays also has national charity partners across the UK, Americas, Europe and Asia-Pacific Region who are benefitting from donations from the £100m pot.

This round will be focused on charity partners which are meeting the immediate needs of communities across the UK affected by Covid-19, including help for people experiencing physical and mental health issues, financial assistance for people facing financial hardship, support for ethnically diverse communities disproportionately impacted by the crisis and enhancing digital accessibility.

Nigel Higgins, Barclays chairman, said: “While we are starting to emerge from the most acute stage of the crisis, the effects of the pandemic will continue to be felt by many. Our decision to extend our 100x100 programme for a second time reflects this, allowing Barclays to support a further 50 grassroots charities in their crucial work in our local communities.”

Spread across locations and communities 

Barclays says it will ensure a spread across different geographical locations, communities being supported, and type of Covid-19 support work being undertaken across the four priority focus areas.

Applications can be made between 9am on 12 July and 6pm on 6 August and will be reviewed by an internal Barclays committee.

The bank expects to begin distributing funds in the autumn, subject to completion of due diligence and additional internal governance requirements.

Barclays will partner with each 100x100 Programme partner organisation to understand the positive impact that the donation has made. Partners will be asked to provide impact reporting.

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