Northern Rock Foundation Fund Closure (North East & Cumbria)

It has now been confirmed that Virgin Money can no longer commit funds to the Northern Rock Foundation so, as it does not receives income from any other sources, plans are now being made for its wind down and closure.

The current grant programmes are due to close at the end of 2014, as previously announced, and the Trustees will be making further announcements later this year about the use of the Foundation's remaining funds.