pounds 439,000 CASH FOR CHARITIES.LIVERPOOL'S leading charity organisation is set to provide a lifeline life·line
a. An anchored line thrown as a support to someone falling or drowning.
b. A line shot to a ship in distress.
c. A line used to raise and lower deep-sea divers.
2. to communities worst hit by the credit crunch Credit Crunch
An economic condition whereby investment capital is difficult to obtain. Banks and investors become weary of lending funds to corporations thereby driving up the price of debt products for borrowers. .
Liverpool Charity and Voluntary Services (LCVS) has pounds 439k in government grants to be made available to the city's charity and voluntary sector.
LCVS was chosen to administer Liverpool's share of the Targeted Support Fund.
The fund is designed to boost charity and voluntary organisations that provide services which help people cope with the credit crunch.
It is a one-year programme targeted at the 50 areas of England considered most at risk of increased deprivation DEPRIVATION, ecclesiastical Punishment. A censure by which a clergyman is deprived of his parsonage, vicarage, or other ecclesiastical promotion or dignity. Vide Ayliffe's Parerg. 206; 1 Bl. Com. 393. .
Organisations with an annual income of between pounds 30,000 and pounds 250,000 can apply for a grant of up to pounds 40,000.
The closing date for applications is June 29, 2009. All funds must be spent by the end of March, 2010..