A £5million endowment gift has been awarded to Northamptonshire Community Foundation from the Constance Travis Charitable Trust, making it the single most significant gift to the Foundation since its inception in 2001
The funds are being added to an existing endowment fund held at the Foundation on behalf of the Trust and enable a major part of its Northamptonshire giving to be administered by the Foundation in perpetuity.
Regular giving to Northamptonshire charities has been a large part of the distribution of funds from the Constance Travis Charitable Trust over the past 35 years and the Trustees felt hat they would like to enhance their partnership with the Foundation in the administration of the grants.
Tony Travis, Chair of the Constance Travis Charitable Trust, said: “We have had a very good working relationship with the Community Foundation since 2004 and we are delighted that we will be working even closer with them in the future.”
Charities that have historically benefited from the Trust have been informed that they are still eligible for support but now need to make their applications directly to the Community Foundation. Serve Rushden have recently received £5,000 towards their work supporting elderly people and the Daylight Centre in Wellingborough have received £3,000 helping to alleviate people who are living in poverty.
Victoria Miles, CEO of the Foundation, said: “We are thrilled that the Constance Travis Charitable Trust continues to work in partnership with the Foundation, we have enjoyed an excellent relationship over the last 13 years and have worked together to help support thriving communities here in the county. The increase in this endowment fund is significant and we look forward to funding existing charities but also newly established community groups and projects. “
The Constance Travis Charitable Trust was set up by the family in 1983 and has supported a broad range of charities at an international, national and local level.
Northamptonshire Community Foundation is the leading, independent grant-making charity in the county, working with fund holders and donors to ensure projects make a sustainable impact on local need. For more information please visit www.ncf.uk.com