Important update from the Life Changes Trust
Like many organisations, the Trust has had to adapt quickly and flexibly to the challenges of COVID-19. This has meant a move to home-based working for all of our staff and doing all we can, both now and in the coming months, to continue to support the Trust’s beneficiaries.
We have been in regular contact with individuals and organisations throughout lock down, and the ways in which they have adapted their work has shown immense creativity and resilience in the face of unexpected change. Their openness about their experience of COVID-19 and its ongoing impact for our beneficiaries has helped us shape our own thinking.
The pandemic has meant that many organisations have had to think differently about what they are doing and re-examine their plans for the future, and we are no different in that respect. The Life Changes Trust’s Board and Strategic Leadership Team have been considering:
- what our immediate response to COVID-19 should be (e.g. emergency fund);
- what our medium to long-term response should be;
- the effects of COVID-19 and the way in which it has – and still is – changing the landscapes for our beneficiaries;
- the current openness to change, learning and ‘doing things differently’ and the need to make the most of this unusual opportunity quickly; and
- the resources at our disposal and ways in which we might maximise those.
The Trust was established by the National Lottery Community Fund for a period of up to ten years (2013-2023). We were always due to close in March 2023 at the latest. Following considerable discussion, our Board has made a decision that that will help us maximise our resources and respond to the challenges and opportunities before us.
The decision is to close the Trust’s operations earlier than originally planned in order to make savings in some areas and increase the funds available to support beneficiaries. This means we will now cease our active operations in March 2022, followed by a ‘winding-up’ period.
Our beneficiaries are at the heart of our Board’s decision, and they are always our first priority. This decision will allow us to fund all the work currently planned in line with our 2019-23 strategy, and will also enable us to provide more funding to our beneficiaries and those who work with them, through some new grants and increased legacy funding.
We believe that these next eighteen months are crucial months for young people with care experience, people with dementia and unpaid carers. They are a time to push ahead rather than hold back and we look forward to working with you to achieve our shared aims.