Dream Fund Launches
Charity projects invited to apply for Dream Fund award
September 1st, 2014
Charities and community groups across Britain are being asked to work together on their dream project in the hope of securing part of a £1 Million award from players of People's Postcode Lottery.
The Dream Fund, which launches today, is an award funded by our players which encourages charitiable organisations across Britain to think of a dream project which can be created over a 24-month period.
Commonwealth and Olympic Games cycling heroes Aileen McGlynn OBE and James McCallum are ambassadors of Play on Pedals, a fantastic project that scooped £231,957 in the Dream Fund last year. They visited the project today to announce the opening of this year's Dream Fund and thank players for their support.
Triple Paralympic Gold medal winner Aileen McGlynn, who recently scooped two silver medals in the women's para-sports tandem sprint and tandem 1km time trial at the Glasgow 2014 Commonwealth Games, said, "Projects such as Play on Pedals play a vital role in the lasting legacy of the Commonwealth and Olympic Games and funds such as the Dream Fund provide essential financial support for charities to achieve their goals."
£1 Million is the largest ever Dream Fund to date, encompassing a first prize of £750,000 and a runner-up prize of £250,000. Now in its fifth year, the Dream Fund has invested more than £1.4 Million to over 15 projects to date. Previous winners of the yearly Dream Fund include Missing People and WWF Scotland.
National charity Missing People used their funding to work alongside PACT (Parents and Abducted Children Together) and develop an enhanced Child Rescue Alert system. Anyone who has signed up to the service receives a text, email or pop-up in the event of a child's abduction. This is based on a similar system in the USA, the 'Amber Alert', which has enabled 679 children to be reunited with their families.
Jo Youle, CEO of Missing People, said, "The Dream Fund has enabled us to launch the enhanced Child Rescue Alert. This is a project we had always dreamed of but never had the finances to put into action. Put simply, we couldn't have launched it without winning the Dream Fund. We aim to have 1 million people registered to receive alerts by May 2015, helping us to raise the alarm when the worst happens."
50p from every £2 People's Postcode Lottery ticket is awarded to charity, with players having already raised £47.2 Million for good causes across Britain and globally. Clara Govier, Head of Charities at People's Postcode Lottery, said, "The Dream Fund is an opportunity for charities to finally work on a project they have always dreamed of. It's designed to encourage charities and community projects to work together on a project that has always been just too big or too expensive. Our previous winners have taken tremendous pride in finally seeing their dream projects come to life, all thanks to players of People's Postcode Lottery."
Applications for the Dream Fund open on 1st September and close on 30th September, with winners being announced at a Charity Gala held in January 2015. Please visit the People's Postcode Trust website to access guidance notes and the online application form.Return to news archive