Agenda item

To receive a progress report of the Chief Grants Officer.

The Committee received the regular progress report and events update of the Chief Grants Officer. He reported that the Trust’s partnership with Buttle UK had been launched at a seminar at Mansion House on 6^th May 2014, which had received good feedback and helped facilitate connections between the organisations.

In response to a question from the Chairman, the Chief Grants Officer confirmed that the new grant programme referred to in his report, authorised during the most recent quinquennial review, would have three broad areas of activity: capacity building, seed finance, and funding to test different models of impact intervention. This was a strand of work funded by the City Bridge Trust to enable charities to diversify and apply for a grant via the £20million Social Investment Fund.

RESOLVED – that the report be noted.