New £10m ‘Charity Survival Fund’ launched
Philanthropists Julia and Hans Rausing have launched a new ‘Charity Survival Fund’ to help small and medium-sized charities struggling with the impact of COVID-19.
The new £10 million fund will offer grants to charities that need financial help for existing programmes and their day-to-day work.
The fund is aimed at UK charities with an income of less than £5m. Grants will range from £1,000 to £250,000; the fund aims to support around 200 charities. It will not finance expansion or capital projects.
The deadline for submitting applications is July 27th 2020.
The Julia and Hans Rausing Trust is an independent charitable fund set up by the billionaire heirs to the Tetra Pak food packaging company. Hans Rausing’s Swedish grandfather founded Tetra Pak and the company is now the largest food packaging company in the world by sales.
Since the start of the coronavirus crisis, Julia and Hans Rausing have provided emergency donations totalling £16.5m to charities and organisations dealing with the impact of COVID-19 on their communities. They have supported more than 50 charities helping frontline workers and the most vulnerable in society,.
The couple issued a statement to launch the fund, saying “The Charity Survival Fund is designed to provide financial aid for many small and medium sized charities that are facing financial hardship. Their work is needed now more than ever, and we hope this new Fund helps bridge the financial gap until usual sources of income return to the sector.”
Read more details about the new fund on the Julia and Hans Rausing Trust website.