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A family-run foundation has awarded a grant of £6,300 to support Blue Cabin’s core costs.
The Shears Foundation was founded by Trevor and Lyn Shears and makes grants to organisations across Tyne, Wear and Northumberland; York; Harrogate; Greater Manchester and The City of Bradford.
Jenny Young, director of Blue Cabin, thanked the foundation for its support, saying: “Core funding like this helps us to cover our everyday costs and to focus on delivering creative, trauma-informed projects with care experienced children and young people. We’re hugely grateful to The Shears Foundation for recognising the importance of Blue Cabin’s work and for investing in our future.”
Trevor and Lyn Shears established a charitable trust in 1994. Trevor was the Finance Director of the Go-Ahead public transport group which floated on the London Stock Exchange in 1994. Trevor and Lyn both strongly believed that the wealth that this created for them should be shared with charitable groups in the North East of England.
The Shears Foundation started with an endowment of £8m and through diligent investment and management, this is now worth over £16.5m, making grants of around £700,000 each year. Since 1996 The Shears Foundation has given away over £15m in grants.
Blue Cabin is supported by a range of funders and partners, including The Shears Foundation.
