The trustees of the Northern Rock Foundation have set an initial grants budget for 2008 of £7m to support work with the following groups.
• Older people.
• People with mental health problems.
• People with and learning disabilities
• Disadvantaged young people.
• People trying to overcome homelessness or addictions.
• Victims of domestic abuse, sexual violence and sexual exploitation.
The budget represents a major investment in charitable activities, which will see the Foundation continuing as one of the largest funders of the voluntary sector in the North East and Cumbria. (UK)
The Foundation's Trustees have set this working budget while negotiations about the future of Northern Rock plc continue. During 2008, the Foundation's Trustees will keep their priorities and budgets under review and will aim to make decisions about their longer-term plans once the negotiations on Northern Rock plc's future are resolved.
For more information visit
www.nr-foundation.org.uk