{"id":166487,"date":"2020-05-29T11:01:00","date_gmt":"2020-05-29T11:01:00","guid":{"rendered":"https:\/\/www.theindustry.fashion\/shaftesbury-covid-19-fund-begins-distribution\/"},"modified":"2021-08-06T12:05:55","modified_gmt":"2021-08-06T12:05:55","slug":"shaftesbury-covid-19-fund-begins-distribution","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/shaftesbury-covid-19-fund-begins-distribution\/","title":{"rendered":"Shaftesbury COVID-19 Community Fund begins disbursements"},"content":{"rendered":"\n
Shaftesbury\u2019s recently created Community Fund has made its first disbursements to local charities and community groups in the West End.<\/strong><\/p>\n Over \u00a353,000 has been donated,<\/strong> representing 37% of the Fund, which was established following the decision by its board to reduce their salaries and pension contributions by 20% for three months from April 1.<\/p>\n Shaftesbury\u2019s non-executive directors have made a 20% reduction to their fees for the same period.<\/p>\n\n\n\n The initiatives supported to date by Shaftesbury\u2019s Community Fund include:<\/p>\n\n\n\n Brian Bickell, Chief Executive of Shaftesbury, added: \u201cShaftesbury has a long-term commitment to London\u2019s West End and support for its local community is embedded in our values and strategy.<\/p>\n \"The Community Fund is aiding local partners in this first round of awards to provide help where it is most needed in Westminster and Camden during the current situation. The Fund will be providing further support over the coming weeks to other groups and we encourage any local organisation needing assistance to make contact.<\/strong>\u201d<\/p>\n\n\n\n Shaftesbury has established a Committee to administer the Community Fund so that money is awarded as quickly as possible.<\/p>\n The Fund, which will provide support totalling \u00a3144,000, is in addition to the Company's regular support for charities and other not for profit organisations, which in the last financial year totalled \u00a3820,000, equivalent to 1.5% of EPRA earnings.<\/p>\n","protected":false},"excerpt":{"rendered":" […]<\/p>\n","protected":false},"author":49,"featured_media":138433,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[16042,6],"tags":[16686,11325,10571,17147,19801,5202,5707,16577,17146,10160,12857,18214,11266,10403],"acf":[],"yoast_head":"\n\n