An organisation which supports older people who are living in financial difficulty by helping them to purchase things like mobility adaptations in their homes, has won £500,000 to give out in grants.
The ACT Foundation has selected Friends of the Elderly to receive the donation towards its grants service.
Starting from April 2018, The ACT Foundation will match fund Friends of the Elderly’s grants funding over a five year period, to the value of £100,000 per year. Friends of the Elderly will be able to increase the number of older people supported by the grants service by nearly 50% over the five years.
The ACT Foundation is a grant-giving charity that seeks to improve the quality of life of those in need. It partners with several charities across the UK that have the resources to assess the need and tangible benefits of grants to individuals.
One-off grants, of an average of £300 each, offered by Friends of the Elderly help relieve the stress and worry often experienced by older people living on a very low income.
Grants are awarded towards household adaptions, the purchase and replacement of essential items, the cost of equipment to get online and utility bills. The grants service is available to older people over state retirement age living on a low income in England and Wales.
Steve Allen, chief executive at Friends of the Elderly, said: “We are delighted that The ACT Foundation has chosen to support our grants service. This transformational donation will help us to further expand the number of older people who so desperately need our help.
“What is really important is that every single penny of the money given by The ACT Foundation will be distributed to recipients and for those people; it really will make a vast difference to their lives.”
Caroline Kendall, ACT’s operations director, said: “We are delighted to have formed a new five year partnership with Friends of the Elderly. With their expertise we will be able to reach out to many more older people who are living on a low income.
“Our grant, which will be match funded by Friends of the Elderly, will help fund everyday items and small home repairs and adaptations that will go a long way to enabling people to continue living independently in their own home for longer.”