Martin Lewis has announced plans to give away £1 million to tackle poverty which has been caused or worsened by the coronavirus pandemic.
The money saving expert has revealed he will release the money from his personal charity fund to provide grants of £5,000 to £20,000 to small registered charities, or local arms of bigger charities, across the UK to help with specific UK coronavirus-related poverty relief projects.
Examples, he said, could include food banks, charities engaged in community aid, financial advice help and more.
He explained how he hopes to get the money distributed within the next couple of weeks, and is now on the lookout for projects that are up and running, or are in the process of being set up.
On his website, he wrote: “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.
“To make this happen – as I'm tied up with TV and MSE work providing direct coronavirus help information – I have recruited a trusted former senior member of the MSE team, and a charity specialist, to review and approve the applications and ensure help is spread across the UK as best as possible.”
If you wish to apply, you’ll be required to sign a ‘coronavirus poverty relief grant application form’.
You’ll need to be an appropriate official of a registered charity.
Applications close at 11.59pm on Wednesday, March 25, and must only be for specific coronavirus projects.
If you wish to apply, the application form can be found here.
