Agenda item

The Committee noted that this was the first Bridging Divides application to be brought before the Committee and was for a five-year grant rather than three. The organisation had first contacted City Bridge Trust prior to the Bridging Divides Strategy and officers had been able to develop an insight into what the organisation wished to achieve. The grant would be important not just for Volunteer Centre Greenwich, but also for bringing strands of work in the sector together. The application represented a good example of helping an organisation where reach and time is what was needed, and would significantly help the community in the long-term.

APPROVED £255,600 over five years (£63,000: £58,600: £50,500: £45,200; £38,300) towards the salaries of the CEO and Volunteering and Operations Manager and associated costs to increase voice and representation; reinstate free membership and associated services; and develop and grow income streams to support the future sustainability of the organisation. The release of quarterly payments is subject to the provision of satisfactory management accounts and cashflows.