Agenda item

Report of the Managing Director of BHE

The Committee considered a report of the Managing Director of BHE providing an update on the Alliance Partnerships programme of work, also reflecting on the success of the programme to date and the quality of the potential collaborative grants pipeline. The Managing Director of BHE introduced the report and drew Members’ attention to the key points.

RESOLVED - That the Grants Committee of the Bridge House Estates Board, in the discharge of functions for the City Corporation as Trustee of Bridge House Estates (charity no. 1035628) and solely in the charity’s best interests:

i)              Agree to allocate, in principle, a further £3m of the designated unrestricted income fund for grant making towards “Alliance Partnerships” which meet the criteria set out in this report (bringing the grand total allocation to £18m).