Funding news

Cutbacks at Lottery Fund put promise to charities in doubt - Wednesday 6 June 2007

The board of the Big Lottery Fund has decided in principle to cut £120m from its programmes, including some that fund voluntary sector projects, in a bid to recoup losses from the recent raid to fund the London 2012 Olympic Games.

Sources have told Third Sector that two programmes in line for cuts are the Young People's Fund 2 and the Research Programme, both of which are targeted at third sector organisations.

Read full article here:

http://www.thirdsector.co.uk/channels/Finance/Article/662269/Cutbacks-Lottery-Fund-put-promise-charities-doubt/