Virus halts charity grants

Education

The Rees Jeffreys Road Fund will make no further research or bursary awards this year because Covid-19 has hit the value of its investments. 

In a statement, the Trustees said: “The Rees Jeffreys Road Fund relies entirely on its investments to support its work and, given the volatile and uncertain state of the markets, it has decided it is prudent to pause all further spending this year and concentrate on honouring its existing commitments.” 

Chairman David Tarrant said: “This is just a pause and I am in no doubt the Fund will continue for many years yet. I have asked the secretary to continue to work with potential applicants so that we will be prepared to restart the Fund’s work as soon as possible.”