Ten Years on from Northern Rock, Jane Hartley, CEO of Vonne, recently made a clear and compelling case for continued grant investment in charities, social enterprises and voluntary organisations so that they can channel support to individuals and communities across the North East and Cumbria who need the most help.
I second that, no argument from me but there is another story, with some great 10 year anniversary achievements which should be celebrated too.
They say that every cloud has a silver lining and the demise of the Northern Rock Foundation provided an opportunity to innovate and to test new ways of supporting the sector in the North East alongside grants.
The Northstar Foundation secured funds from the Northern Rock Foundation to support entrepreneurship and social enterprise in the North East of England and provides support through targeted grants, its Matched Giving and Volunteering Programme and its Fresh Ideas Funds. The North East Fresh Ideas Fund was a £3 million grant fund set up to enable voluntary, community and social enterprises (VCSEs) in the North East of England to explore new opportunities. Its aim is to improve the long term sustainability and social impact of organisations across the region and is delivered by the Community Foundation.