Care for the elderly in Northumberland.

The Roland Cookson Fund and the Community Foundation

By 28th February, 2019 News Comments Off

Did you know that our charity receives regular grants from the Community Foundation, made in the name of a philanthropist who lived locally? We are in recipient of regular generous grants from the Community Foundation’s Roland Cookson Fund, thanks to a unique, ongoing, arrangement between the Charlotte Straker Project, the Community Foundation, and Roland’s friends and relatives.

The Roland Cookson fund was established in 2004 upon the wind up of the RA Cookson Charitable Trust, which was itself established by Roland Cookson, a Tyneside industrialist who lived in Corbridge and died in 1991. The former trustees of the Trust continue to act as advisors to the Community Foundation on grant-making from the fund, and in 2016 they asked the Foundation to refocus this, and offer regular support to the Charlotte Straker Project. The Community Foundation agreed an approach whereby the fund makes quarterly grants to the Charlotte Straker Project. In theory, the relationship could exist in perpetuity thanks to the Foundation’s endowment model by which it is primarily investment income with which we make grants.

Since the arrangement was agreed, the fund has made more than £150,000 in grants to our charity, with the funding representing an average of around 6% of our annual income. The majority of funds are put towards direct care costs, and physical improvements to Charlotte Straker House and its surroundings.

Berenice Groves, our Chair of Trustees, welcomes the additional funding provided by the Roland Cookson Fund: “Given our ethos that care is given according to individual need and that lack of means should not be a barrier to receiving care, the gift contributes enormously ensuring no-one is denied access to care because of lack of means.” Bill Cunningham, the Trustee responsible for the relationship with the Roland Cookson Fund at the Community Foundation said: “Increasingly there is a financial gap between what it costs the charity to care for a resident and the money we receive. Regular, guaranteed, unrestricted funding like that we now receive in Roland’s name, is vitally important to us.”

https://www.communityfoundation.org.uk/case_study/roland-cookson-is-still-making-a-difference-on-his-doorstep/