Charitable trust launches £8m fund for youth charities

An £8m pot of funding has been made available by a philanthropic trust to help charities ensure services for young people can survive the Covid-19 pandemic.

The Youth Centre Recovery Fund has been launched by the Julia and Hans Rausing Trust to help charities to run youth centre initiatives during and after the health crisis.

The aim is to mitigate against income losses across the youth charity sector, due to falling financial reserves, public sector funding cuts and social distancing guidelines impacting on services.

A priority of the funding is to ensure that youth centre services remain viable and are able to re-open as the youth sector recovers from the health crisis and lockdown eases.

Applications opened this week until 4pm, 31 March.

This latest round of funding follows a £2.5m investment from the Trust for youth related charities including Greenhouse Sports earlier this month.

In February it emerged that two thirds of youth charities are facing rising demand despite cuts to their income. The UK Youth survey found that 83% of charities in the sector have seen their income dip.

A report by the National Youth Agency published in November last year found that two out of three youth charities believe they will not be able to meet costs by the end of the current financial year.

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