October 2 2014 Latest news:
Adam Barnett, Reporter
Friday, September 27, 2013
The oldest charity in London will donate around £77,000 for a new programme to support local children.
Sir John Cass’s Foundation is sponsoring the scheme, called The Share Foundation, to help more than 36,000 children in the capital who are ‘Looked After’ by the state.
The money will match the government’s £200 for each child’s ‘account’ as part of its Junior ISA scheme, run by the Share Foundation, for young people in care.
This will include accounts in Newham which, along with Hackney, is the poorest London borough according to information from the Archbishop’s Council of the Church of England.
Gavin Oldham, Chair of Trustees at The Share Foundation, said: “Sir John Cass’s Foundation’s early commitment will help us build the profile of the Junior ISA scheme with potential donors in London and nationwide.”
Edward Timpson, Minister for Children and Families, said: “The generous donation from Sir John Cass’s Foundation will help ensure that these vulnerable young people have the help they need to thrive as they enter adulthood.”
Kevin Everett, Chairman of Sir John Cass’s Foundation, said: “We hope that our grant will set a valuable example to others in helping to make the scheme a success for young people by improving life chances.”
For more information visit www.sharefound.org