We are delighted to announce that the City Philanthropy project, launched in 2012 with the aim of encouraging philanthropy in the Square Mile and Canary Wharf and positioning London as a global centre for philanthropy, will have a new home.
From April City Philanthropy will be based within the City of London Corporation’s charitable funder, City Bridge Trust. This will enable the work of the project to be more deeply embedded in the broader giving and encouraging philanthropy strategy of the City of London Corporation.
David Farnsworth, City Bridge Trust Director and Chief Grants officer says: “We are really pleased with the work of City Philanthropy and how it is helping to raise the profile of giving for a City audience, particularly among the next generation. We want to build on that foundation and take it to the next level by bringing the work closer to the heart of the City of London Corporation and involve it across the many philanthropic efforts funded by City Bridge Trust.”
Carol Mack, Chief Executive of The Association of Charitable Foundations (ACF) which previously hosted the project, said: “We are delighted to see the project continue with the City of London Corporation and look forward to it realising the City’s philanthropic potential.”
The City of London Corporation has a long tradition of philanthropy and charitable giving, with the City Livery Companies distributing over £40 million annually to good causes, whilst the Lord Mayor’s Appeal raises around £2.5million each year. Other City of London Corporation initiatives include the annual Lord Mayor’s City Giving Day; the Lord Mayor’s Dragon Awards for responsible business; and the Beacon Awards for Philanthropy.
The City of London Corporation is also the sole Trustee of City Bridge Trust which provides grants totalling around £20 million per year towards charitable activity benefitting Greater London. It is dedicated to making the Capital a fairer place to work and live and has awarded around 7,500 grants totalling over £360 million since it first began in 1995.
Cheryl Chapman, Director of City Philanthropy, can now be reached by email: email@example.com