WaCoCo promotes the social and economic wellbeing of the people Waterloo by supporting the sustainability and effectiveness of local community and voluntary organisations through drawing in funding, encouraging local partnerships and networks, and increasing their voice on local issues.
Comic Relief - Core Strength Awards (Round 2)
The London Community Foundation is delivering this programme across most London boroughs, including Lambeth.
This 12-month programme is responding to the growing need of small locally-led groups to cover their day-to-day costs. The aim is to provide funding for groups’ core costs - meaning expenditure that is not connected to delivering projects but focusing on investing in the organisation as a whole, such as basic running costs. We know securing core funding can be tough and want to use this programme to help support those doing much needed work in their local communities.
People living in areas of disadvantage or who face social issues often get vital support from smaller local groups based within their communities. It is these locally based groups that truly understand the needs of the people they serve and make a huge difference to their lives.
Sadly though, recent research shows that small and medium sized organisations across the UK are being hit particularly hard by the current economic climate, forcing many to either scale back or dissolve completely. We know these organisations urgently need core funding to continue their crucial work. There are still many communities in the UK that work in areas of economic and social deprivation and disadvantage and the current economic climate may make this situation worse. We want to recognise the importance of local community organisations and the pivotal role they play across the UK. That is why we have developed this exciting programme to fund organisational costs only and NOT direct project delivery – we hope this goes some way to help ensure organisations continue to sustain themselves and support their local communities.