Agenda item

Report of the Managing Director of BHE

The Committee considered a report of the Managing Director of BHE proposing the establishment of a Resource Hub for London’s Giving hosted by London Funders, for the benefit of place-based giving schemes in the capital. The Managing Director of BHE introduced the report and presented the proposals to the Committee, also advising that the proposals would be brought back to the Committee with a fully costed budget for final approval.

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)              Receive this report and note its contents;

ii)             Approve, in principle, the establishment of a Resource Hub for London’s Giving hosted by London Funder’s in order to take the work of place-based giving schemes in the capital to a new level; and,

iii)           Instruct officers to work with London Funders to draw up a fully costed budget for the Resource Hub, noting the indicative costings provided for illustrative purposes at paragraph 17 below, and bring the proposal back to the next Grants Committee with a recommendation to fund.