Martin Lewis unveils £1m coronavirus charity help fund for poverty relief
The founder of MoneySavingExpert encouraged small and local charities to apply for grants ranging from £5,000 to £20,000
The Jewish founder of MoneySavingExpert said he has set up a £1 million coronavirus charity help fund for poverty relief in the UK.
Martin Lewis encouraged small and local charities with an annual turnover of up to £10 million to apply for grants ranging from £5,000 to £20,000.
Applications from local arms of larger charities will also be considered.
Projects “could include foodbanks, charities engaged in community aid, financial advice help and more,” the financial guru said in an article published on the consumer website on Thursday.
“We face an unprecedented challenge to our health, economy, businesses, personal finance and way of life. And many of those who normally help society – our charities – are going to face similar pressures right now too,” he wrote.
Lewis hopes to allocate funding “within the next couple of weeks” to projects currently being set up or already up and running.
He appealed for “high net worth individuals or organisations” to donate a minimum of £10,000 to the fund.
To apply for a grant, complete the online application form by 11.59pm on 25 March.
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