Persimmon Homes launch a new funding scheme
Posted: Tue, 12 Feb 2019 10:06
Persimmon Homes launched their new £1million-a-year nationwide funding scheme, Building Futures, on Wednesday 6th February.
The new Building Futures Funding programme will be supported by Team GB. The fund aims to assist community sports, education and arts and health initiatives for under 18s.
The scheme is being delivered through the Persimmon Charitable Foundation, which last year donated £620,000 to support children's sport.
Building Futures is even more ambitious than last year's scheme and is aimed solely at community projects for under 18s and targeted at grassroots sports groups, community groups dealing with physical and mental health issues and awareness as well as arts and education projects.
Locally, a total of 128 grants of £1,000 will be awarded each year across Persimmon's 31 regional businesses and its head office to improve facilities and the delivery of vital grassroots community projects.
Three initiatives will go on to win £100,000 each through a national award scheme voted on by the public.
In each sector – Sport, Health and Education – as well as the £100,000 first prize, there will be a £50,000 second prize and a £20,000 third prize, while a further 87 shortlisted projects will each receive £5,000.
Becoming an official partner of the British Olympic Association (BOA) through until 2021, Persimmon's initiative will see Team GB Olympians attend community projects to personally present funds and see first-hand the impact the donations have on local communities.