Agenda item

Grants Recommended Over £250,000

Report of the CGO

Minutes:

 The Committee received a report of the CGO advising Members of funds recommended for approval for amounts over £250,000. The CGO introduced each application to Members and outlined the proposals. The Committee noted that The Food Chain had been deferred at the previous meeting, and that additional information had been added to the assessment report for Members’ consideration.

 

In response to a query from a Member, the CGO outlined City Bridge Trust policy on organisations submitting multiple grant applications. The Committee noted that Merton Voluntary Service Council were eligible to apply for a second grant as the second was for work as host for a Local Giving Scheme.

 

RESOLVED – That the City Bridge Trust Committee and approve the recommended amounts for the following applications:

 

9.    Merton Voluntary Service Council

 

APPROVED £285,000 over 5 years (£57,000; £52,000; £54,000, £60,000; £62,000) towards 0.6FTE salary costs of a Business Development Manager, running costs, marketing, communications and overheads, subject to:

 

(a)  Release of the second year’s grant conditional on year-end accounts showing increased level of free reserves;

(b)  A formal agreement between MCVS and MCC outlining each party’s responsibilities, and their relationship under this arrangement; and

(c)   Continued participation in the London’s Giving Network and adoption of the London’s Giving Metrics.

 

10.  The Food Chain

 

APPROVED £266,250 over five years (£56,700; £50,900, £54,100, £52,900, £51,650) towards the project to support disadvantaged PLWHIV with specialist dietetic, nutrition support as well as volunteering and work experience opportunities to support transition to independence, and one-off relocation costs in year one, conditional on receiving satisfactory management accounts on a quarterly basis.

Supporting documents: