Item 17 - Appendix 1
West Dunbartonshire Council · 1 November 2023
Back to Corporate Services Committee — 1 November 2023 and its agenda
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Dumbarton Common Good Fund for consideration by Corporate Services Committee on 01 November 2023 (2023/2024) Organisation Purpose of organisation Purpose of grant Grant Requested and Officer Recommendation Corra Foundation Corra’s main activities are grant making and working alongside communities in a place based approach. Corra exists to make a difference to the lives of people and communities. It works with others to encourage positive change, opportunity, fairness and growth of aspirations which improve quality of life. Corra wants to see a society in which people create positive change and enjoy fulfilling lives. Since 2016 Corra Foundation in Dumbarton has Supported 16 community ideas into action with funding Engaged over 1900 people Benefitted from 160 hours of volunteering Partnered with Council colleagues to support community and strategic development Created opportunities for communites and colleagues to share learning, ideas and amplify community voices at a national level. The grant will contribute to the overall budget for Corra Foundation’s local office in Castlehill, Dumbarton. This will enable the local Community Co-ordinator to continue to provide dedicated support to the community, which will result in the continuation and acceleration of the activity described above through to the point that Corra are no longer required ‘on the ground’ due to effective capacity building and community members being confident to Grant request: £39,000 (over 3 years) Officer Recommendation: Agree £39,000 (£13,000 per annum for 3 years) Appendix 1
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Number of members How often does it meet develop and lead on their ideas. The grant would contribute to staffing and other operating costs. Bank Balance and Accounts Balance Not applicable Corra’s Board meets on a quarterly basis. The People in Place team meets every six weeks and brings people and partners together for regular learning events. The financial information listed to the right is indicative of Corra Foundation being a large national entity and it is not possible to isolate the local figures relevant to Dumbarton. Corra have however advised that Since 2016, their People in Place program has invested £238k directly into the work alongside Castlehill. In addition, Corra’s local knowledge and trusting relationships have connected local groups with other funding sources, including £23.5k to support pandemic response work and £40k to support community- led grantmaking initiatives. At the 2021 year-end, Corra held Total Net Assets of £32.5m (2020: £30.2m), which includes investment funds of £26.4m (2020: £24.2m) with CCLA Investment Management Limited (‘CCLA’). Corra at the end of 2021 reported holding Unrestricted Funds of £27.0m and cash held in the bank was £9.8m