The City of London Corporation’s charitable funder, City Bridge Trust, has been awarded London Living Wage accreditation by the Living Wage Foundation.
City Bridge Trust received the accreditation in recognition of its implementation of the London Living Wage policy across its funding relationships with voluntary organisations.
City Bridge Trust is London’s largest independent grant giver, making grants of £20m a year to tackle disadvantage across the capital.
London Living Wage Friendly Funders support charitable organisations to pay the London Living Wage through their grant-making, working together to end low pay in the voluntary and community sector.
Funders support applicant bodies to pay the London Living Wage to any grant-funded staff posts. London Living Wage Friendly Funders are themselves Living Wage employers and then, where possible, encourage grantees to become accredited employers over time.
City Bridge Trust director David Farnsworth said the voluntary sector plays a vital part in delivering the trust’s vision for a fairer London.
“We aim to lead by example with responsible business practices and as an accredited London Living Wage Friendly Funder we hope we can continue to encourage grantees and funders to take similar steps.”