Newmarket Charitable Foundation supports organisation creating events and giving grants to the local community.

The Newmarket Charitable Foundation is delighted to be able to support the Newmarket Community Foundation in its ambitions to hold fundraising events and give grants to local good causes. This marks an important evolution in the Charity’s mission to support the community by funding the creation of this dedicated vehicle to focus on community-focused initiatives while enabling the Charity to focus on how they will deliver exciting projects and initiatives for the town.

Over recent years, Newmarket Charitable Foundation has successfully grown, adapted and broadened its focus to include projects with a wider impact, including those addressing infrastructure needs and long-term, deeper community projects. As part of this growth, the Foundation’s Trustees have identified the need for a specialised organisation that can better deliver community events and grants. Going forward, the Newmarket Charitable Foundation will support The Newmarket Community Foundation CIC and promote its mission, which is set to bring significant benefits to the local community through fundraising events and grants to local causes. The Charitable Foundation has provided a one-off grant to the Community Foundation to support this mission. This grant is carefully protected by relevant conditions, which ensures that these funds are used to maximise their benefit for the local community. This new structure will allow the Community Foundation to focus exclusively on supporting local organisations, helping them to develop their projects and enhance the support they offer to their users by providing community-focused events for those living in the town and surrounding villages.

The support of this new CIC is a testament to the Charitable Foundation’s unwavering commitment to evolving in response to community needs and ensuring its resources are used to achieve the greatest possible impact. This commitment is at the core of the Charitable Foundation’s mission and will continue to guide its future initiatives.

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