Government gives out £81m to charities from Transition Fund

13 Jun 2011 News

The government has paid out a further £81m from the £107m Transition Fund to around 727 charities which are most vulnerable to reductions in public spending.

Nick Hurd, minister for civil society

The government has paid out a further £81m from the £107m Transition Fund to around 727 charities which are most vulnerable to reductions in public spending.

To date £97.5m has been committed from the Transition Fund to more than 900 charities. Final awards will be announced later this summer.

The Transition Fund aims to help charities make the most of more opportunities to deliver public services and new sources of finance, such as capital investment from the Big Society Bank.

Nick Hurd, minister for civil society, said: “All the charities receiving transition funds have a plan to overcome current challenges and emerge stronger. We recognise the hugely important contribution charities make to our society and we are committed to supporting them."

To see the full list of charities which have been awarded funding click here.

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