Grenfell match funding appeal raises £2.6m » Charity Digital News

Grenfell match funding appeal raises £2.6m

The Big Give, working with The K&C Foundation, has raised over £2.6m in an online match funding campaign for those affected by the Grenfell Tower fire.

The appeal offered to double public donations thanks to match funding commitments from a number of local companies and philanthropists.

The appeal (which was hosted at www.theBigGive.org.uk/Grenfell) raised £1m in the first 48 hours and hit £2m a week after the fire, a testament to the generosity of the UK public. In total the appeal raised £2,612,646.

The Big Give appeal contributed to a total of £5.75m raised by The K&C Foundation. Over 50% of all of the funds raised have now been committed:

  • £120k within days of the tragedy to six local organisations working on the frontline. This money was given out to meet the immediate needs of people who had lost their homes or been displaced.
  • £1.2 million to a joint charity initiative (with the British Red Cross and and The London Community Foundation/Evening Standard, coordinated by the Charity Commission) to pay grants of £40,000 to the next of kin of people who have lost their lives or are missing and up to £20,000 to support each seriously injured person.
  • £1.6 million for ‘Fresh Start’ grants of £10,000 for each household from Grenfell Tower and Grenfell Walk to help them rebuild their lives.

The remaining £2.9m will focus on the medium to long term response. The K&C Foundation is committed to talking to the relevant groups to identify the evolving needs of the people at the centre of this tragedy and acting on them. They are using their local knowledge, networks and expertise to ensure the funds are used for the best possible effect to help the people who lived in Grenfell Tower and the shattered local community.

Coming together

Entrepreneur James Reed, a trustee of the Big Give, said, “We were all shocked and saddened by what happened at Grenfell Tower. Our thoughts continue to be with all of those who are still grieving and dealing with the traumatic consequences of this terrible fire. We have been humbled by the incredible response of the public to our appeal, and are grateful to our partners at The K&C Foundation for ensuring that the funds raised are being used to best effect.

“We’ve seen incredible acts of generosity throughout the past twelve weeks. The whole concept of match funding is that giving together is better, and there has certainly been a sense of ‘coming together’ to support the North Kensington community. We would like to offer our sincere thanks to all of those who have supported the campaign particularly our match funding  ‘Champions’.”

James Reed added: “I would like to think that something of lasting good could emerge from this, that would be of benefit to the North Kensington community for years to come. I am aware of a distinct digital skills shortage across the country and there is a lack of opportunity for many of those who are at a disadvantage in North Kensington. One idea would be to establish a college of applied technology, offering six-month paid courses with locals prioritised for places, an apprenticeship hub which could broker apprenticeships in technology companies, and a business incubator for tech start-ups. We’d be very interested to hear from any partners who might be interested in turning this into reality.”

Susan Dolton, Director of The K&C Foundation commented: “The response to our appeal with the Big Give has been touching and inspiring and we are extremely grateful to everyone who has given to help those affected by the terrible fire at Grenfell Tower. We are working to ensure that those whose lives have been so tragically altered by this unprecedented tragedy are helped at this most difficult time. As a local charity, we are also committed to standing by the community and helping with long term needs”.

Contributions to the match fund included:

Name

Total

The Cadogan Estate

£200,000

Julia and Hans Rausing

£200,000

DMGT Ltd

£150,000

The Bjorgolfsson Family

£125,000

James Reed

£125,000

Monsoon Accessorize

£100,000

The Reed Foundation

£100,000

The EQ Foundation

£25,000

Contributions < £25,000

£159,032

TOTAL

£1,184,032

A total of £1,184,032 public donations were matched with a further £244,582 being contributed in unmatched donations and Gift Aid, raising a total of £2,612,646.

The Big Give Grenfell Appeal closed at 12pm on Wednesday 6th September meaning donations can no longer be doubled.

Related reading

London Air Ambulance
Everydayhere VE ebook