Issue - decisions

New core funding grant agreement for the Stowe Centre

22/04/2024 - New core funding grant agreement for the Stowe Centre

Summary of Decision

That the Cabinet Member for Adult Social Care, Public Health and Voluntary Sector approves the award of a grant to Paddington Development Trust (a charitable company limited by guarantee with company number 03652559) for a term of 10 years and a total value of £2.48 million to assist PDT to run and maintain the Stowe Centre. 

 

Reasons for Decision 

Implementing a strategic grant arrangement with the Stowe Centre is in line with Westminster's commitment to supporting community anchor organisations. This particular arrangement will bring parity to the council’s approach to funding strategic VCS partners in the north and south of the borough. It will support the Stowe Centre to be run to the best standard and to continue acting as a community centre for local groups and organisations.