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Hundreds of local business people joined with
the Lord Lieutenant of Devon, Eric Dancer at the
Barnfield Theatre in Exeter recently to celebrate
the work of Devon Community Foundation and to
help launch its £2 million ‘Changing Local Lives’
appeal.
The appeal is designed to coincide with the Foundation’s 10th anniversary birthday year in 2008 and aims to raise £2 million in endowed funds over the next three years.
The income generated from the ‘Changing Local Lives’ fund will create a permanent annual income of £100,000 to support small voluntary and community groups helping local people in need across Devon.
The Foundation has already supported over 1,300 small groups in Devon over the last five and a half years with £5.5 million in grants.
Groups taking part in the event gave the audience just a taste of the work being done by the Foundation in partnership with the voluntary and community sector and those who have already been helped by grants.
The evening included performances from a group of ex-offenders who had been using theatre to help them overcome drug and alcohol issues and youth groups such as the North Devon Gymnastics Display Team and Real Steel. It also included moving testimonials from young carers, a family bereavement group and refugee support group.
Eric Dancer, Lord Lieutenant of Devon commented:
“It was fantastic to see the tremendous work which is being done by Devon Community Foundation and the voluntary sector in our local communities and the real difference it is making to peoples' lives.”
To find out more visit the Campaigns section of our website.
Arbuthnot Latham’s Exeter office, has nominated Devon Community Foundation as its chosen
charity for 2008 and pledged to help raise over £20,000 for local people in need over the next year.
The private bank becomes Devon’s first
company to set up its own charitable fund with
the Foundation. The commitment is a great start to the Foundation’s tenth birthday appeal ‘Changing Local Lives’, which aims to raise £2 million over the next three years, for local causes.
Working with the Foundation, Arbuthnot Latham will build up an endowed fund through its own donations and a series of fund-raising events throughout the year.
The money raised will be held in a permanent ‘Arbuthnot Latham’ fund. The returns generated will contribute towards the Foundation’s grants made to hundreds of small voluntary and community groups helping disadvantaged people across Devon for years to come.
Arbuthnot Latham’s decision to support small local causes through the Foundation comes in the wake of a recent report by the South West Funders' Forum which showed that small amounts of money needed to keep local voluntary initiatives going are vital to healthy communities.
It also follows a trend for local giving which has seen assets held by the Community Foundation Network (which comprises 56 Foundations like Devon’s), rise to £200 million - allowing the Network to make grants of over £70 million a year.
Commenting on the partnership, Peter Keech, Regional Director of Arbuthnot Latham said:
“Setting up a permanent Arbuthnot Latham Fund with the Foundation is a great way for us to make sure that our commitment makes a real and lasting difference to local people at grass-roots level.”
Melanie McLoughlin, Director of Devon Community Foundation said:
“Arbuthnot Latham’s decision to help with our campaign to raise £2 million in endowed funds over the next three years, should ensure an ongoing income of £100,000 to support local people in need across Devon.”
NEW FOCUS FOR PLYMOUTHDevon Community Foundation has teamed up
with Plymouth based Drake Foundation to build
funds specifically for disadvantaged people in
the City.
Headed by First Great Western Chairman,
Charles Howeson, the Drake Foundation was
originally set up to help disadvantaged young
people in the City through maritime and
adventurous activity.
Now however, the Drake Foundation wants to broaden its focus to support a whole range of local good causes and to help local people of every age in Plymouth.
Charles Howeson comments:
“We know that Devon Community Foundation has supported over 482 voluntary and community groups with almost £2 million in grants in Plymouth to date, so it knows all about getting money right to the heart of local communities where it can make a difference."
“The Drake Fund will now work in partnership with Devon Community Foundation, acting as its fund development and grant making arm in the City."
“We are looking forward to working with them to create a focus for local charitable giving for businesses in Plymouth and a source of help for local good causes.”
The Drake Foundation held its launch event at the Royal William Yard in Plymouth which was attended by over 100 invited guests who were addressed by Eric Dancer, Lord Lieutenant of Devon and Charles Howeson.
For more details about the Drake Foundation call David Larmour on 01752 330366