Constance Travis Charitable Trust's £2 Million Match Challenge
Wednesday 2 August 2017
An exciting new match funding challenge has been launched by the Foundation and The Constance Travis Charitable Trust. Up to £2 million match funding will be made available to local Donors, providing them with an opportunity to increase the value of their donations to the Foundation.
In its simplest form, the Constance Travis Endowment Match Challenge for Northamptonshire will add £1 to every £2 invested and will be available for three years until 31st July 2020. The funds will be invested in perpetuity and the income gained every year will be used for charitable grant making for the benefit of Northamptonshire’s communities. The Constance Travis Charitable Trust has generously made matching funds available to all communities in Northamptonshire which are only available through the Foundation.
Victoria Miles, CEO of the Foundation said: “We are delighted that the Constance Travis trustees have made a decision to invest their funds in this way. Match challenges are extremely effective in encouraging Donors to set up local funds to support their own communities. We have successfully managed two match fund challenges in the past, which increased the value of the Foundation’s endowment and introduced new Donors who have ensured funding continues to be distributed to smaller, mainly volunteer led groups here in our County. We are certain that this match will be a huge incentive to those who want to set up their funds to support local causes."
Tony Travis who is the Chair of the Constance Travis Charitable Trust said: “We have a long-standing relationship with the Foundation and work with them to distribute grants through our own named fund which supports small, mainly volunteer led groups. We are keen to support other Donors and give them an incentive to help the County of Northamptonshire."
Included amongst the many hundreds of groups and projects that have previously benefited from endowment matched funds are; Baby Basics, who provide Moses baskets filled with essential items for new born babies and their vulnerable mums, The Country Centre which received funding to pay for a driver to collect disabled clients to enable them to attend the day centre at Duston, and Ekins Allotments which received funds to update and improve their onsite facilities.