Financial help for charities and voluntary groups ‘leading the fightback against Coronavirus’

The Isle of Wight council have announced two funds that Isle of Wight charities and voluntary groups can access

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Charities and voluntary groups leading the fightback against Coronavirus (Covid-19) can now access two financial support funds launched today (Monday 6th April) by the Isle of Wight Council.

The Third Sector Lifeline (TSL) and the Community Essential Shopping and Delivery (CESD) funds have been set up to get money out to where it’s needed as quickly as possible.

By providing loans and grants to charities and voluntary groups delivering essential services to Island communities, the council aims to keep them on a sound financial footing.

Council leader, Councillor Dave Stewart, said:

“We have seen from our colleagues in the voluntary sector an unprecedented response to the Covid-19 threat.

“However, we know some are struggling to maintain their operational costs and deliver the additional work to support the Island.

“They are supporting some of our most vulnerable residents so we in turn must do all that we can to support them.

“These ‘lifeline’ loans and grants, accessible through these two new funds, will ensure the voluntary sector continues to thrive now and after the crisis.”

Loans to bridge the gap
The TSL fund offers loans of up to £30,000 to help not-for-profit organisations and community interest companies ‘bridge the gap’ while they wait for government funding through schemes such as furlough.

The fund also offers grant aid to help towards operating costs incurred by charities working on the Covid-19 frontline.

Advancing monies to pay for and deliver essential shopping
Through the new CESD fund, the council aims to support the army of volunteers delivering essential shopping and medical supplies to vulnerable Islanders.

This fund of up to £5,000 is being made available to community groups in the form of loans and grants to enable them to support residents by advancing monies to pay for and deliver essential shopping.

Residents will be expected to repay the costs of the shopping to the community group.

For more information about the funds, including eligibility and how to apply, visit the Website.


Government Covid-19 guidance: Stay alert and stay safe
Wash your hands thoroughly and frequently (video tips).

Social distancing
It is recommended that you maintain at least a two metre gap (about 6.5ft) from people who are not from your household.

Seeking advice
Use the NHS 111 online coronavirus service that can tell if you need medical help and advise you what to do.


News shared by Isle of Wight council press office. Ed

Image: Images Money under CC BY 2.0

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3 Comments on "Financial help for charities and voluntary groups ‘leading the fightback against Coronavirus’"

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mariner58
In normal times I use my local CoOp a lot and, although perhaps not the cheapest of shops, they do support lots of local charities through their loyalty card scheme and by allowing, perhaps too many, local charities to set up in their doorways so I was disappointed to see them refuse to sell lottery tickets supposedly in line with government advice. Undoubtedly everyone who buys lottery… Read more »
choccofrolik

For goodness’ sake, don’t blame the good old Co-op in these most awful of times, why not buy your Lotto online?

mariner58

I like my local CoOp, the staff are nice, the atmosphere pleasant. For a supermarket it’s a really nice ‘corner shop’.
It’s always possible to get a lottery ticket elsewhere if I was desperate I just think that, in this instance, they’ve got it wrong.