Newport Social Needs Fund set up to help relieve poverty

The £59,000 fund will award annual grants to smaller local voluntary and community groups working with vulnerable and disadvantaged people in the Newport area, supporting the advancement of health and the relief of poverty.

Poverty graffiti

Lucy shares this latest news from Hampshire and Isle of Wight Community Foundation. Ed

Isle of Wight Community Foundation (IWCF) is pleased to announce the establishment of the ‘Newport Social Needs Fund’, a fund of £59,000 established to support the advancement of health, saving life and the prevention or relief of poverty for the district of Newport.

The fund will award annual grants to smaller local voluntary and community groups who work with vulnerable and disadvantaged people, helping to improve their life chances.

Founded in 1951
The fund was originally founded as the Newport and District Nursing Association in 1951 and later became the Newport Sick Poor Fund to provide pensions to former nurses of the association and supply special food and medicine, medical comforts, bedding, fuel and surgical appliances.

The fund also awarded grants to cover convalescent expenses and the expense of domestic help during convalescence, with assets comprising the proceeds of the sale of two properties in Crocker Street, Newport.

Assets transferred to Hampshire and IWCF
In recent years it became increasingly difficult for the trustees to identify qualifying beneficiaries for grant-making and replace retiring trustees, raising concerns that the charity could not provide the proper charitable and public benefit that it had been set up to achieve.

As a result, the trustees requested that the Charity Commission closed down the charity and transferred all assets to IWCF, a charity connecting donors to the local causes that they have a real interest in supporting.

Jakes Ferguson, Chief Executive at IWCF commented

“We are delighted that the trustees have chosen IWCF to administer the Newport Social Needs Fund, as we are best placed to direct grant money to where it is most needed, and most importantly the fund will continue in perpetuity to meet the needs of vulnerable people of Newport.

“By removing the original fund’s permanent endowment, we can ensure that 5% of the fund will be spent annually, making more money available for good causes.”

Image: psd under CC BY 2.0

Friday, 19th May, 2017 1:12pm



Filed under: Community, Island-wide, Isle of Wight News, Top story

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  1. Perhaps all candidates for MP should read this article and ask themselves why the island is in need?

  2. Poverty is not just in Newport. It was ironic that the Tory launch was on Appley beach. It is very pretty but, only a few hundred yards away in Ryde North East and Ryde South is an area with some of the worst deprivation not just in the Isle of Wight but in the whole of the UK (in the bottom 10%). Deprivation made worse over the last seven years by the Tory government’s austerity, their cuts to Council budgets and decimation of public services. I will be interested to hear what Bob Seely is going to do for people living in Ryde North East and Ryde South, an area rather different to leafy Brighstone and one that I suspect Mr Seely knows little about.

    • I suspect that Mr Seeley will not be venturing into any of the areas of deprivation on the Island.Have you noticed that the Conservatives only preach to the converted?
      I find it amazing that many people on the Island deny the existence of poverty here, it’s as though if you have a nice view and can go to a beach you must be rich… That Ofsted inspector wasn’t actually far off the mark in his comments about poverty alongside wealth, but I disagree about the inbreeding bit!

  3. temperance

    21.May.2017 6:57pm

  4. temperance

    21.May.2017 6:58pm

    In fact just work.

  5. Mark L Francis

    21.May.2017 10:52pm

    I recall that the elimination of child poverty in the UK & world poverty was an aim of the Blair/ Brown Governments. Presumably this has been superseded by a “couldn’t give a monkey’s” policy under the May government.

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