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Monday, November 29, 2010

The Co-operative Membership Fund

The Cooperative Membership Fund
The Co-operative Community Fund is a grant scheme, which helps local communities throughout the UK. Thousands of clubs, community groups and local charities have benefited.
The scheme is funded by generous members of The Co-operative donating some of their share of profits, which is then given away in the form of small grants. This year The Co-operative Members have donated £1.2 million to local community groups across the country. To qualify for a grant projects must address a community issue, provide long term benefit to the community, support co-operative values and principles & be innovative
The Co-operative has real values and true commitments, not just empty corporate mission statements. When we claim something, it's true. When we commit to change, we make it happen.
There are some great stories happening in local communities and The Co-operative supports those stories and helps them to happen.
Bexley Swimming Club
What is The Co-operative Community Fund?
The fund is made up of donations from our members who have chosen to give a percentage of their twice-yearly share of the profits. This year The Co-operative Members have donated £1.2 million to local community groups across the country
The Community Fund is a registered charity and is governed by The Co-operative Community Investment Fund (CCIF). This board of trustees are responsible for ensuring funds to projects are given in line with the Charities Commission guidelines.
The Co-operative Community Fund operates on a truly local level.  The money each region has to give is the money that members have donated in their area. Projects are allocated by postcode..
Grants vary from a minimum of £100 to a maximum of £2,000.
Groups have to apply for the funding and the application form is available on their website.
To be successful a group must:
  • Carry out positive work in the community (it does not have to have charitable status to apply)
        And the project must:
  • Address a community issue
  • Provide a long-term benefit to the community
  • Support co-operative values and principles
  • Ideally be innovative in its approach
I thought maybe this project could help a number of places in my area. There is an art centre which could do with being refurbished. If the centre was refurbished there would be more space to display photographs and paintings from local artists or photographers. There is also a theatre which many groups hold performances.  

This is a sponsored post.
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