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Cumbria Youth Alliance has been awarded a development grant by the Youth Futures Foundation. The £165,300 award will support the organisation in its work to deliver First Steps to a Sustainable Future to 150 young people aged 16 to 24. Cumbria Youth Alliance was set up in 1997 to be the lead agency for organisations working with young people in Cumbria. Its aim was to bring agencies together to plan and deliver high quality services across Cumbria and ensure youth work has a strong voice. In 2020 alone it supported more than 700 agencies in the county which work with children, young people and families, as well as directly supporting more than 1,000 young people described as being “on the margins of society, socially and economically”.
Pensions and investments left untouched for years will be handed to good causes under plans to expand the dormant assets scheme, the Government has announced.
An estimated £800million could be raised by broadening the scope of the existing project, which has raised £745million from inactive bank and building society accounts since 2011.
A rule that money must always be returned in full should the original holder ever come forward will apply, and firms will still have to try to contact old customers and reunite them with their cash.
Dormant funds: Orphan pensions and investments worth £800m could be handed to charity
UK to Capture £800 Million More in Dormant Assets
The UK government on Saturday announced an expansion to a scheme that captures dormant assets, in order to raise an estimated £800 million ($1.09 billion) that it says will help boost recovery from the CCP virus pandemic.
The Dormant Asset Scheme currently accepts dormant assets from participating banks and building societies, who identify accounts that have not been touched for at least 15 years. If owners of the accounts can’t be reached through “a thorough reunification process,” the funds can be transferred to Reclaim Fund Ltd (RFL). The government then decides how to spend the money.
£45k award to West Berkshire s Prior s Court for orchard project
BBC Children in Need and Youth Futures Foundation grant for school for young people with autism
Charlie Masters
Prior s Court has been awarded a grant of more than £45,000.
The Hermitage school for young people with autism will receive £45,176 from BBC Children in Need and the Youth Futures Foundation.
The money will go towards creating an orchard at the school and recruiting a dedicated coach to work in the area with the young people.
The grant will cover the costs of trees and equipment for the orchard.
Prior s Court director of education Sue Piper said: Vocational learning, including land-based programmes such as horticulture, is one of our key areas of learning – to give more opportunities for our young people to develop the skills and experiences required to enter the world of work.