Charity beats £3.5m target

The team from the South Yorkshire Community Foundation celebrate smashing their target to raise �3.5m
The team from the South Yorkshire Community Foundation celebrate smashing their target to raise �3.5m
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A CHARITY fund has smashed its original fundraising target to raise a massive £3.5m to support community groups and projects across South Yorkshire.

The Grassroots Grants Endowment Challenge, run by South Yorkshire Community Foundation, invited businesses, trusts and residents to donate to the cause - and see their cash matched from a government pot.

And after hitting their targets, the group won an extra £1m to support South Yorkshire projects.

SYCF chief executive Pauline Grice said: “We were given an initial target of raising £1.27m over the three year programme that would be doubled to create more than £2.5m to support South Yorkshire’s voluntary groups.

“But we fought for an extra £500,000 of match funding to come to South Yorkshire after other areas of the country failed to meet their targets.

“After this extra amount had been doubled, in addition to our initial targets, we had created a fund of more than £3.5m for South Yorkshire.

“We are absolutely delighted and want to thank all the South Yorkshire donors that showed just how generous and community minded they are by helping us.”

The £3.5m pot will sit in an endowed fund, with income going out in grants to support vital community projects for years to come.

And although the new fund will provide a vital source of funding in the future, SYCF has also launched the I Love South Yorkshire campaign to help local groups through tough times.

Businesses can support the causes that matter most in their area, with separate ‘I Love’ community funds for Barnsley, Doncaster, Rotherham, Sheffield and South Yorkshire.

Pauline added: “We will encourage businesses and individuals to think innovatively about how they can provide assistance to communities in need”

n Visit www.sycf.org.uk for more information.