Palmers Brewery Launch £10,000 For Good Causes
10:41am 5th February 2013
Palmers Brewery are launching a new fund to support good causes with a 10 mile range of Bridport.
They're opening the pot with a donation of £10,000.
Local charities and community initiatives in Bridport, Beaminster and surrounding villages will be able to apply for cash, with awards made twice a year.
'We've long supported local good causes and this new fund enables Palmers to spread our help more widely in the community,' explained John Palmer, chairman of Palmers Brewery.
'We will be opening the fund this year with a donation of £10,000,' he added.
Palmers are planning to raise additional income for the fund from a rent from Bridport Leisure Centre, which is currently under discussion.
Mr Palmer explained: 'In 1984 our gift of land enabled the Sports Trust to build Bridport Leisure Centre. In today's money that gift would be worth around £3M. We have let further land to the leisure centre for a peppercorn rent on a long lease. The highly favourable terms of that lease have enabled the Trust to access grants that have helped its development hugely.
'That lease now has just over 20 years left to run. Once it goes under 20 years it's harder for the trust to access grants. So the trust has asked Palmers for a renewal now. We have been working with the trust committee to renew on good terms and charge a rent. The rent will underpin the new fund and enable us to support other causes in the community as well as sport,' he added.
The full details of the Palmers' fund are still being formalised, but the brewery plans to launch it this spring. Details of how to apply will be available on the Palmers' website in a few months' time.