Yes it does. That is because funding from the ACE Recommended Charities Fund and Open Philanthropy goes directly to THL (please see the answer to the question about giving to THL vs. THL UK). This is then re-granted to us in the form of a fixed annual grant from THL. This has already been confirmed for this financial year, and our current £280k shortfall sits outside this based on our own fundraising targets.
Thank you for your question Andrew.
Yes it does. That is because funding from the ACE Recommended Charities Fund and Open Philanthropy goes directly to THL (please see the answer to the question about giving to THL vs. THL UK). This is then re-granted to us in the form of a fixed annual grant from THL. This has already been confirmed for this financial year, and our current £280k shortfall sits outside this based on our own fundraising targets.