Virgin Money and HFD Group launch new community fund

26 Aug 2020

Virgin Money Foundation has expanded its charitable activities into Glasgow with the launch of a new £400,000 Community Anchors' Fund, in partnership with the HFD Charitable Foundation - the charitable arm of Scottish property development and IT business HFD Group.

The fund has awarded the first ten of up to 30 grants to support community groups impacted by the Covid-19 crisis. The grants support a range of costs such as adapting buildings to allow for social distancing, new IT equipment and vital services such as delivering food parcels.

The first ten groups to benefit from the new fund include Cranhill Development Trust, Govanhill Baths Community Trust, the Community Central Hall in Maryhill, Woodlands Community Development Trust, Preshal Trust in Govan and Bridgeton Community Learning Campus.

Nancy Doyle-Hall, Executive Director of the Virgin Money Foundation said: "It's clear to us that these organisations not only play a vital role in our communities but have gone above and beyond to support their communities during the Covid-19 pandemic. The new funding from Virgin Money Foundation and HFD Charitable Foundation will help those organisations continue their hard work."

HFD Group is the developer of 177 Bothwell Street, Virgin Money's new headquarters in Glasgow.