The Legacy Trust UK was established with a £40 million endowment from the Millennium Commission, Big Lottery Fund, the Arts Council England and the Department for Culture, Media and Sport to support a wide range of innovative cultural and sporting activities for all, which celebrate the London 2012 Olympic and Paralympic Games and leave a lasting legacy in communities throughout the United Kingdom. Of this endowment, £29 million came from the Millennium Commission and Big Lottery Fund with the remaining £11 million from Arts Council England and DCMS.
Since its establishment at the end of 2007 it has identified matched funding of £21,777,250 of which £5,769,411 has been secured.
The breakdown is as follows:
£ Total identified from Trusts/Foundations 200,000 Total identified from public funds 19,050,250 Total secured to date 5,769,411
Total identified from Trusts/Foundations
Total identified from public funds
Total secured to date
The identified public funds, includes the Higher Education Funding Council for England (HEFCE), universities in the south-west of England and regional development agencies.
Total identified from private sector: £2,527,000