Annual Report 2019/20

Page 26

P r o v i d e

A n n u a l

R e p o r t

2 0 1 9 - 2 0 2 0

Investing in Our Local Communities Provide Foundation

Our partnership with Essex Community Foundation (ECF) means that we can effectively invest funds into voluntary, community and charitable organisations whose work complements our own. As a Community Interest Company, Provide is committed to reinvest a part of its surpluses back into the communities that it serves. Having established the Provide Foundation with ECF we can do this in the most efficient and effective way, and will be awarding grants year-on-year to support the voluntary sector where we provide services. There are many community schemes and projects making great strides to improve the health and wellbeing of people in mid Essex and beyond, and through the grants from the Provide Foundation, we can help them continue and expand their work. In 2019-2020, nine community projects run by voluntary and community groups were given a major cash boost with grants totalling £42,849 from the Provide Foundation. Three voluntary sector organisations (Sanctus Homeless Charity, Families in Focus, and Crossroads Braintree and Chelmsford) received grants of £5,000 with six other organisations receiving grants. Although we did not issue any strategic grants in the year, we have carried forward the money earmarked for this (£40,000) into 2020-2021.

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A full list of grants made is as follows: Sanctus Homeless Charity

£5,000

Essex Dementia Care

£4,976

Dementia Adventure

£4,969

Contact the Elderly

£4,916

Families in Focus

£5,000

Essex Respite & Care Association

£4,784

St Clare Hospice

£4,892

PARC

£3,312

Crossroads Braintree and Chelmsford

£5,000

TOTAL £42,849


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