The Board of Hanfod Cymru, the grant-distribution charity, has announced that it will come to an end in summer 2019 – despite its remarkable success in distributing grants worth £120,000 to 52 charities since its launch in April 2017. This decision is directly linked to the Loteri Cymru CIC Board’s decision to place the company in the hands of administrators on 27th March after 11 months of trading.
Although Hanfod Cymru is an entirely independent charity and company, Loteri Cymru CIC was Hanfod Cymru’s sole source of funding, to enable it to distribute grants. The Hanfod Cymru Board has been part of the negotiations to find a new buyer for Loteri Cymru but it came to the view last week that the levels of grants it would be able to distribute across Wales, with Loteri Cymru in the hands of a new operator, would not fully support its charitable objectives – distributing grants to make a real difference to grass-roots charities in Wales’ communities.
Deris Williams, Chair of Hanfod Cymru said:
“The past year, since Hanfod Cymru was launched, has been remarkably successful. We have made a real difference to charities at grassroots level across the whole of Wales. We have also been very fortunate to have had such excellent staff members to drive the success of the charity forwards, and it is a matter of huge regret to the Hanfod Cymru Board that we will now need to make the staff redundant. Siôn Brynach, the Chief Executive and Angharad Gaylard, the Grants Administration Officer, will leave their posts at the end of May this year.
“The Hanfod Cymru Board’s intention is now to fulfil its statutory obligations, and to take whatever steps necessary to wind up the charity. We expect to be able to do this by summer 2019.”
Deris continued, saying:
“Hanfod Cymru has made a real difference to the funding landscape in Wales during the past year. In addition, the staff have been pioneering in the area of publicity and PR, releasing a new video each week on the Hanfod Cymru website and through social media to not only gain publicity for Hanfod Cymru itself, but also those charities that have received grants from us.
“It is a matter of great pride to the Board and Staff that we have managed to raise our profile so effectively in such a short period of time, and it is hugely disappointing that now have to bring this fantastic activity to an end.
“Although we will distribute no further grants, we will be bringing the charity to a close with a truly striking record of having been able to help 52 charities across Wales giving each a share of grants worth £120,000 which have made a real difference to people in communities across Wales.”
END Wednesday, 25 April 2018