The Lloyds TSB Foundation for England and Wales has published its annual report revealing it has awarded £20.6 million to disadvantaged communities in 2009.
The Foundation is one of the UK’s largest grant makers and has supported over 900 charities tackling disadvantage in communities during 2009.
The funding has also created over 1,800 jobs and 6,900 volunteering opportunities.
The foundation will continue to receive annual funding from the Lloyds Banking Group of £25.2 million until 2013.
Chief executive Linda Kelly said:
“We’re delighted that we’ve been able to invest so much into helping disadvantaged people across England and Wales. Last year was very difficult for many charities and with the likely cuts in public spending, we are now more than ever committed to continuing our support for charities that carry out vital work in the community.
“Our ongoing relationship with Lloyds Banking Group means that we will be able to continue to provide consistent support to those disadvantaged in our communities in the challenging years ahead.”
Lloyds TSB Foundation, 07/05/2010