Social housing provider launches grantmaking Longleigh Foundation

first_img Howard Lake | 27 January 2017 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving. Social housing provider launches grantmaking Longleigh Foundation Social housing provider Stonewater has created a national charitable foundation which will make grants to support elderly people, young people, women in crisis due to domestic abuse, and residents with physical or mental disabilities.It established it “in response to the impact of Government Budget and welfare cuts affecting some of its most disadvantaged residents”. It has an endowment of £500,000.George Blunden, Chair of Stonewater, which manages 30,000 homes in the UK, explained:“The financial impact on housing associations of recent Budget decisions and policy reform has put immense pressure on our ability to provide enhanced services and support over and above our core offering. “Stonewater can provide a roof and a place to call home but many people need additional help beyond their initial housing needs. This is what inspired us to establish the Longleigh Foundation, which can work with our most vulnerable residents, supporting them with opportunities to create better lives.”Three areas of grantmakingLongleigh’s grant-giving programme has been split into three areas covering:• community projects aimed at health and well-being, isolation and inclusion, employment and training;• individual hardship cases;• and funding for strategic research.The Foundation has already agreed funding awards for some projects.In Southampton, it is financing an innovative ‘Recovery Toolkit’ programme at Stonewater’s Southampton Women’s Refuge which provides residents in crisis with specialist support and coping strategies for breaking the cycle of domestic abuse.It is also funding an IT equipment and digital ambassadors scheme to help tackle digital exclusion among older people in its communities, and a project for residents in Stonewater’s supported housing schemes, aimed at promoting healthier lifestyles. Advertisement Main image: (l-r) George Blunden, Chair of Stonewater and Sue Terry, Longleigh Foundation’s Chair, celebrate the launch of the Longleigh Foundation.  195 total views,  1 views todaycenter_img More funding?To achieve more, Stonewater is encouraging its 700+ staff to help raise money for the new Foundation. It will match-fund funds raised up to a total of £15,000.The Foundation is also working to attract further partners and funding for its work through partnerships with other established charities, community groups, businesses and local authorities.David Emerson CBE, formerly Chief Executive of the Association of Charitable Foundations, spoke at the launch event, saying:“Trusts and foundations play a vital, but often less recognised role in support of civil society, the strength and diversity of which is one of the great successes of British Society.  The Longleigh Foundation is a very welcome addition to this important grant-giving community, and one that will bring a unique perspective and insight from its housing association roots.” AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis20 Tagged with: Funding  196 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis20last_img read more

92% of restaurants could not make December rent

first_img Full Name* Message* Tags Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Email Address* And though they may be teetering on the brink of survival, not all restaurants are getting a break from their landlords. Sixty percent of landlords have not worked with tenants to waive rental payments.Of the 40 percent who did waive rent, only 17 percent waived more than half of rent owed, while 37 percent deferred those payments to a later date.Some restaurants — 14 percent — however, have managed to renegotiate their leases. Twenty-four percent remain in good faith negotiations.But there may be a glimmer of hope on the horizon. The results of the survey predate the reopening of indoor dining, which is expected to help with restaurants’ bottom lines.For example, the number of seated diners on Valentine’s Day was only 56 percent lower than it was the same Sunday a year ago — the smallest decline since restrictions began last MarchBut Andrew Rigie, the executive director of the NYC Hospitality Alliance, called on the state to allow restaurants to move indoor dining to 50 percent capacity — currently, it’s capped at 25 percent — to help boost revenue for struggling eateries. About 4,000 restaurants in New York City have shut since the pandemic began 11 months ago.“While the reopening of highly regulated indoor dining is welcome news, we need to safely increase occupancy to 50 percent as soon as possible, and we urgently need robust and comprehensive financial relief from the federal government,” Rigie said in a statement. His group has been pushing Congress to pass the RESTAURANTS Act and increase relief funding for restaurateurs.Contact Sasha Jones NYC Hospitality Alliance’s Andrew Rigie (Getty, Twitter/Illustration by Kevin Rebong for The Real Deal)The situation for New York City’s restaurateurs — and their landlords — got even more dire at the end of 2020.A new report by the New York City Hospitality Alliance found that 92 percent of restaurants could not pay their full December rent, the highest that number has been since the pandemic began.That number has also increased every month during the health crisis; in June, 80 percent of restaurateurs couldn’t afford rent, and it’s steadily risen since.Of those who could afford some rental payment at the end of 2020, just 49 percent paid half of their rent, while 28 percent paid less than half.Read more88% of NYC restaurants could not make October rentValentine’s Day gives NYC restaurants much-needed boostIndoor dining returns today — and can soon go later Share via Shortlink Commercial Real EstateNYC RestaurantsRetail Real Estatelast_img read more