Inverness Caledonian Thistle gets £50,000 from Covid-19 Crisis Fund
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Inverness Caledonian Thistle, along with all 42 clubs in Scotland's top four divisions, have received £50,000 from the SPFL Trust's Covid-19 Crisis Fund.
The fund was established to support clubs and their communities after James Anderson gifted the SPFL Trust £3,125,000.
Clubs were able to secure the grant, provided they demonstrate support for the wider community in which they are based.
James Anderson, a fund manager and partner at investment firm Baillie Gifford, last week donated £3,125,000 inclusive of gift aid to the SPFL Trust to support Scottish football at this time of crisis.
The club Covid-19 Crisis Fund has a value of £2.1m and will be allocated to clubs fully in the coming days.
The other £1,025,000 is being split into two parts: Scottish Football United and the Anderson Fund.
Scottish Football United is to be a major new project launched later this year. It had previously hoped to secure traditional grant funding in 2021 for a 2022 launch, but since the original donation was secured plans are now being put in place.
Scottish Football United aims to bring together clubs, governing bodies, with national and local public agencies to create a focal point for future crisis planning and support.
A new restricted fund will be set up, The Anderson Fund, which will be used to fund new projects, which demonstrate a positive impact on health, attainment, or inclusion as well as any general related support during the Covid-19 crisis.