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The armed forces covenant (libor) fund **Correct as at Aug 2017**


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THE ARMED FORCES COVENANT (LIBOR) FUND

 

A fund to support the delivery of the armed forces covenant

 

Document Source: https://www.gov.uk/government/publications/armed-forces-covenant-libor-fund-successful-projects

 

In December 2012, the importance of the covenant was highlighted by the decision of the Chancellor to transfer £35 million from fines levied on the banks for attempting to manipulate Libor to the MOD for use in supporting the armed forces community.

 

Over 3 tranches, the fund has supported 96 charities and good causes supporting the Armed Forces Community in a variety of ways.

 

Whilst the £35 million fund has closed please keep checking our website for new opportunities for funding including a £10 million per year fund which will open in 2015 or subscribe to our email alerts to find out the latest updates for the armed forces covenant.

Edited by stu007

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