THE Mayor's Fund for Bristol is being launched this week to help needy children and young people in the city.
It was announced by George Ferguson in January immediately after councillors agreed that he should receive the same annual salary as an MP – £65,738 a year.
Mr Ferguson said he would set up the fund by donating £1,000 a month from his pay.
iT will be managed by Quartet Community Foundation and money received will be given as grants to charities and social enterprises in the city.
Business Cards From Only £10.95 Delivered www.myprint-247.co.ukView details
Our heavyweight cards have FREE UV silk coating, FREE next day delivery & VAT included. Choose from 1000's of pre-designed templates or upload your own artwork. Orders dispatched within 24hrs.
Terms: Visit our site for more products: Business Cards, Compliment Slips, Letterheads, Leaflets, Postcards, Posters & much more. All items are free next day delivery. www.myprint-247.co.uk
Contact: 01858 468192
Valid until: Wednesday, May 22 2013
All grant decisions will be made independently of the city council.
The first year's grants will support work with disadvantaged children and young people in Bristol and are aimed at making a significant difference to their situation, experience and opportunities.
Mr Ferguson said: "We're all feeling the impact of tough economic times. This impact is not, however, felt equally by all our residents and communities. Some are in greater difficulties than others and the disadvantages they face are deepening.
"That's why having a way to donate locally to help our city's most disadvantaged people is important – and that's why I have set up The Mayor's Fund for Bristol.
"I'm passionate about making Bristol better for everyone and hope that those who can, and want to, will join me in creating this independently managed fund."
Information about the fund will be delivered to every household and business in the city this week as part of the annual Council Tax/Business rate information.
For more information about the fund, visit the website, www.quartetcf.org.uk.