Joseph Rowntree Charitable Trust to increase grant spending to £10m a year

15 Apr 2019 News

Nick Perks, trust secretary at JRCT

The Joseph Rowntree Charitable Trust has announced plans to increase its grant spending by over £3m a year.

At the charity's recent decennial review, trustees agreed to increase annual grant spending from around £7m to over £10m per year for the next ten years.

The trust now aims to increase the number of grants it gives to organisations outside London to achieve a greater geographical diversity of funding across the UK.

It also plans to make a number of larger, longer or core grants to charities where suitable.

The trust said its plans for additional spending follow a steady rise in grant applications and that the annual fixed grant spend will be uplifted each year by inflation.

Trustees decided to increase grant spending as part of its decennial review of the charity, which funds “those working towards a peaceful and just world”.

Nick Perks, the trust secretary at the trust, said: “We’re pleased to be able to increase our grant funding, which reaffirms our commitment to engage in philanthropy which supports people who address the root causes of conflict and injustice.

“JRCT supports organisations and individuals who are working creatively and courageously to produce positive social change through their charitable work.

“We have decided to make more grants across the UK in recognition of the importance of devolved nations and regions and that systemic change requires many voices and experiences.

“We want to be an open and responsive funder and we know that more core or unrestricted grants are what many charities want and could greatly benefit from.”

Further details for applicants and existing grantees will be released later this year with changes expected to have been fully implemented by the end of next year.

For more news, interviews, opinion and analysis about charities and the voluntary sector sign up to receive the Civil Society News daily bulletin here

 

 

More on