Cadent Foundation: launch of multi-million-pound fund will make a ‘positive and lasting’ difference

helping our community

Charities and community groups can apply for individual grants of between £100 and £100,000 as a new foundation, funded by the UK’s biggest gas network Cadent, opens its first window for applications.
 
After committing £240,000 to the Trussell Trust last week – to help food banks respond to challenges presented by coronavirus – Cadent Foundation now stands ready to support other worthy causes.
 
Cadent Foundation will have between £5m to £7m to be distributed every year to organisations based in North West England, the Midlands, South Yorkshire, East of England and the North London area.
 
This is the UK footprint of Cadent, the company which manages the 80,000 miles of gas mains in those areas, as well as providing a 24/7, year-round gas emergency service.
 
The new fund will receive a set annual share of Cadent’s after-tax profits every year. Administered independently, by Charities Trust, these funds will support:
 
  • People – projects that help alleviate suffering and hardship of people in vulnerable situations
  • Environment – projects that will help protect and preserve the environment
  • Communities – projects that provide a better and healthier community to live in and use
  • Research and Innovation -  projects that help eliminate harmful emissions and support sustainable energy (grants in this area will only be made through partnership arrangements).
 
More information on eligibility and how to apply for grants is at cadentfoundation.com
 
“We’re incredibly excited to launch a fund that we know is going to make a positive and lasting difference,” said Julia Dwyer, Director, Cadent Foundation.
 
“Cadent Foundation will support projects – large and small – that help people living in vulnerable situations and disadvantaged communities, or work to protect and preserve the natural environment, or work to create a sustainable energy future for all.
 
“This is a great opportunity for charities and community groups which need financial support. We can help them make a huge difference in the communities that Cadent serves.”
Cadent Foundation

The Cadent Foundation was established in July 2019 with Cadent committing 1.25% of after-tax profits each year to the foundation.
 
The funds of the Cadent Foundation are administered by Charities Trust (Charity Registration No: 327489) who will manage the grant giving and ensure that all grants donated by the Cadent Foundation are only used to further charitable purposes for the public benefit.

Cadent

Cadent is the UK’s largest gas distribution network with a 200-year legacy.  We are in a unique position to build on strong foundations whilst encouraging the curiosity to think differently and the courage to embrace change.  Day to day we continue to operate, maintain and innovate the UK’s largest gas network, transporting gas safely and protecting people in an emergency.   Our skilled engineers and specialists remain committed to the communities we serve, working day and night to ensure gas reaches 11 million homes from Cumbria to North London and the Welsh Borders to East Anglia, to keep your energy flowing. 

Future of Gas: Here at Cadent we support the Government’s plans to reach Net Zero by 2050. That means we’re backing the introduction of hydrogen as a low carbon alternative to natural gas for the future. We know people love the controllability of gas and, with our network already in place, it makes sense to switch to the lower carbon alternative offered by hydrogen, which we believe can keep homes and businesses warm for generations to come.

Cadent manages the national gas emergency service free phone line on behalf of the gas industry - 0800 111 999*

Cadent Gas Ltd is owned by a consortium of global investors.

*All calls are recorded and may be monitored.

Media contacts

Kevin Hegarty

kevin.hegarty@cadentgas.com

07970 694897