Trust for London: Changing London
Posted 23 June 2008
Annual Review 2007
CPF and TfL "prize independence", chair says
Staff and trustees of City Parochial Foundation and Trust for London prize their independence, chair Nigel Pantling says in his Foreword to the 2007 Annual Review.
Independence "enables us to use our considerable financial clout to help deserving but unpopular causes which receive little backing from other funders", Nigerl Pantling points out.
"It also gives us credibility," he adds. "It allows us to campaign directly on issues that we feel strongly about, and to press Government agencies and Ministers to make change happen.
"And our independence allows us to take risks where others will not, for example by backing innovative schemes that take new approaches or which help those on the fringes of traditional definitions of poverty. This fits well with our reluctance to let our charitable funds directly replace Government money, because many of the organisations we fund receive no State backing."
The Review provides a brief overview of activity under each priority in the current five year quinquennium - of which 2007 was the first year - and provides examples of some of the innovative schemes which CPF and TfL have funded.
Copies of the Review can be downloaded here in pdf format. Printed copies are available from City Parochial Foundation, 6 Middle Street, London EC1A 7PH Telephone: 020 7606 6145, or can be ordered by email from info@cityparochial.org.uk
Posted by cpadmin on June 23, 2008 1:43 PM to Trust for London
http://www.trustforlondon.org.uk/news/changing_london.html