Scheme could raise millions of pounds
A new Merton Community Fund which could generate millions of pounds of new money for local community organisations and projects has been launched.
The launch event at The Terrace in Wimbledon attended by key officials and business representatives was declared a resounding success.
Two donated tickets for the David Bowie exhibition at the Victoria and Albert Museum were auctioned by the Deputy Mayor, Councillor John Sargeant, raising £500 to kick the fund off.
Leader of Merton Council, Councillor Stephen Alambritis, expressed his delight to be part of the launch of something that will have real impact and benefit our communities.
"As one of the largest employers in the borough, Merton Council is encouraging our employees to give regularly to the fund through payroll giving or standing orders. We need everyone to get behind this exciting new initiative. I therefore encourage everyone to sign up to give monthly and promote the same practice back at their office or at home," he said.
Chief Executive of MVSC, Chris Frost, believes that giving locally can have a positive impact on our borough. She explained: "We want to encourage everyone who lives or works in Merton to make a regular contribution to this new Fund. If every household gave just £1 a month it would raise around £1 million a year – that’s a massive amount of new money!"
They have established a scheme that makes it as easy as possible to donate. Voluntary groups get to people and problems that others cannot reach, by investing in local people and local projects, they can build stronger communities and make Merton a better place for everyone who lives and works here.
Once the fund has generated sufficient funds, local groups and charities will be able to apply for a grant to support their project activities. There will be a simple application process and a panel including local business representatives will make decisions about grants which will be publicised widely.
Other key community leaders are already pledging their support for the fund and organising fundraising activities.
To find out more please get in touch with MVSC on 020 8685 1771 or firstname.lastname@example.org.
May 22, 2013