A total of 42 London charities, including those supporting young crime victims, homeless LGBT+ people and refugees with their mental health, will receive a record £6.3m funding windfall.
City Bridge Trust, the City of London Corporation’s charity funder, which approved the payout, says it is the biggest amount of money it has ever given in a single funding round.
City Bridge Trust gives £20million a year to charities fighting inequality and disadvantage across the Capital. It has now awarded over 8,000 grants totalling over £400m since it first began in 1995.
Dhruv Patel, chairman of the City of London Corporation’s City Bridge Trust committee, said: “This record funding will transform the lives of thousands of Londoners most in need.
“We want to help make the Capital a safer place for young people, give a voice to those who are underrepresented, and cut the inequality which should not exist in this city.
“At a time when public finances are under significant strain, charities are plugging the gap and playing a major role in tackling disadvantage in London.
“By working together we can strengthen our communities and make this city a fairer place in which to work and live.”