On 8 April, the Chancellor of the Exchequer announced a £750 million funding package for the voluntary, community and social enterprise (VCSE) sector. I wish to set out to the House the details of how £90 million from this package will be allocated.
We are all aware of the vital role that the VCSE sector plays in our society, and this has especially been the case in the past few months. Charities and community organisations have been at the frontline of the coronavirus outbreak, providing trusted support to people and communities.
Through the coronavirus community support fund, £200 million is already being allocated largely to small and medium sized charities in England by the National Lottery Community Fund.
We are now inviting the philanthropists, foundations and grant makers to put forward new funding, which the Government will match on a pound for pound basis.
The Government will match up to £85 million of funding from strategic funders such as philanthropists and charitable foundations. This funding is intended for beneficiary groups that are the most vulnerable and the hardest hit by covid-19. We expect awards to be made principally to charitable grant makers providing aid to small and medium-sized charities. We anticipate funding applications in the £5 million to £20 million range. This innovative approach will build on the expertise of philanthropists and foundations by supporting the charities that they believe will have the highest impact in the areas that we want to focus on, while giving charities longer-term recovery support by allowing the non-Government portion of the match funding to be spent beyond March 2021.
We believe that this approach will stimulate further donations and ensure that a further £85 million of philanthropic funding from those who wish to support their communities during these challenging times will go to charities, further increasing support to the sector.
An additional £4.8 million is also being allocated to the Voluntary and Community Sector Emergencies Partnership to strengthen its support to the voluntary and community sector, and its co-ordinating role with Government and statutory agencies, as they continue to respond to covid-19.
Applications close at midnight on 2 August 2020 and details can be found at the fund website here: https://www. gov.uk/government/publications/community-match-challenge-and-voluntary-and-community-sector-emergencies-partnership.
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