Agenda item

Report of the Chief Funding Director

The Committee received a report of the Chief Funding Director providing details of funds approved and rejected under delegated authority since the last meeting; the remaining 2023/2024 grants budget; grants spend to date and for this meeting by London Borough compared with the Multiple Index of Deprivation, and any grant variations that have been approved under delegated authority. The Chair introduced the item and noted the list of rejected applications under the Anchor programme, as referenced earlier.

In response to a question from a Member regrading Media Trust, the Chief Funding Director advised that Media Trust was an important partner for CBF, with colleagues regularly attending Media Trust events. The CBF Communications & Engagement Director confirmed that CBF utilised a joined-up approach with Media Trust and used Media Trust content on the charity’s social media channels.

RESOLVED – That the Funding Committee of the City Bridge Foundation Board, in the discharge of functions for the City Corporation as Trustee of City Bridge Foundation and solely in the charity’s best interests, receive this report and note its contents.