Where does the funding come from?
Posted on Wed 18 June 2008
The Fair Share Trust was established by what is now the Big Lottery Fund as a UK-wide investment trust of £50,000,000 providing an expendable endowment for the Fair Share Trust areas over a period of ten years (to 2013).
Community Foundation Network is the sole Trustee, with responsibility for ensuring the funding and any interest earned on the original sum is spent in the FST Areas towards the aims set out in the Trust Deed.
Funding is provided through a process of targeted, strategic grants to local organisations and projects in each specific Fair Share Trust neighbourhood. These grants must meet the aims of the programme and the local priorities of the Fair Share Trust neighbourhood.
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