Youth Futures Foundation: Reclaim Fund

(asked on 7th June 2021) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask Her Majesty's Government whether the application by the Youth Futures Foundation to the Reclaim Fund specified the geographical regions in which any money it was allocated would be spent.


Answered by
Baroness Barran Portrait
Baroness Barran
Parliamentary Under-Secretary (Department for Education)
This question was answered on 10th June 2021

Reclaim Fund Ltd is the Dormant Assets Scheme’s administrator. It is responsible for managing dormant assets and transferring surplus funds to The National Lottery Community Fund, to be spent on social or environmental purposes. This funding is apportioned between the four nations with broad distribution decisions taken at a devolved level.

The Youth Futures Foundation is an independent organisation focussing on removing barriers for those furthest from the labour market. £90 million of the English portion of funding has been allocated to the Youth Futures Foundation for initiatives in England.

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