City of London Corporation’s City Bridge Trust
“The City of London Corporation’s City Bridge Trust invested £100,000 in a bond from Allia. We think this is a ‘smart’ way of supporting the third sector in times of economic austerity. Now more than ever charities need unrestricted money which the Bond provides upfront. It’s great to see a traditional financial instrument used to benefit charities so creatively. It’s a win-win all round – at the end of the 5 years we get our capital back which will be recycled to help more organisations.”
Clare Thomas, Chief Grants Officer for the City of London Corporation’s City Bridge Trust
What’s new
Press release
18th April 2012Ethical savings bond pays up to 14% upfront interest to charity more ›
