Funding

Funding

Our current budget overall for Project Newton is £875,000. This will be refined as we define more closely what will be involved.

We received an initial grant from the Heritage Fund of £83,000 in 2019. This, with savings from previous events and fundraising, will cover all the professional costs until the end of 2020. At that point we will submit another grant application to the Heritage Fund for a significant element of the required capital funding.

Much of the VAT may be recoverable under the Listed Places of Worship Scheme – we are investigating this possibility.

We are also now applying to grant giving bodies and the community for the balance of the funds required, which is likely to be in the region of £295,000. We have already secured £58,000 from a local charitable trust.

Keep an eye on our updates page to see how our fundraising progresses, and if you can help at all, please consider making a donation.

Funding Updates

Update

Recent grants: The Hobson Charity, Somerset Churches Trust, Allchurches Trust, St. Andrew’s Conservation Trust, Church Care, The Beatrice Laing Trust raise £40550. The government have confirmed the extension of the LPOW VAT Grant Scheme which is worth c£80k to the project

Donors

  • Heritage Fund (£83k)
  • School House Trust (£68k)
  • Local Pledges so far (£110k)
  • Allchurches Trust(£12800)
  • Diocesan Loan (£25k)
  • The Hobson Charity (£10k)
  • Churchcare (£8600)
  • Previous fundraising events (£50k)
  • St. Andrew’s Conservation Trust (£2k)
  • The Beatrice Laing Trust(£5k)
  • Somerset Churches Trust (£2k)
  • LPOW VAT Grant Scheme (£80k)
  • The Sharpe Trust (£400)
  • Other (£150)

 

 

 

 

 

 

 

 

 

We have raised 54% of our £850,000 target
£456,950
54%

Tap here to pledge

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