St Albans charities crowdfunder brings in £11,500

The base rate cut is good news for those looking to buy

The base rate cut is good news for those looking to buy - Credit: Getty Images/iStockphoto

An innovative new crowdfunding scheme has raised more than £11,500 for four local charities.

The Funding Network (TFN) launched in St Albans earlier this month with a meeting at The Mosaic Room in Verulamium Museum.

Four charities selected by a team of volunteers were invited to pitch to the audience for funding to create lasting social change in the local area. They included Mind in Mid Herts, The OLLIE Foundation, Transition St Albans and the Young People’s Puppet Theatre.

Volunteer organiser of TFN St Albans Richard Sved said he was pleased to be able to provide such vital support: “I’m delighted with how the evening went. There was a real positive energy in the room, people seemed to have a good time and lots of money was raised. That’s pretty much what we were hoping for!”

Transition St Albans were delighted to pitch at the event. “It feels a little like someone has just waved a magic wand!” said Catherine Ross, one of their steering group members and the chair of Sustainable St Albans Week.

The OLLIE Foundation thanked TFN for providing vital funding to build awareness and recruit volunteers: “Thanks to TFN and the incredible generosity of the audience”, said Jo Bayne, a member of the marketing committee. “The experience has been an incredible learning curve and a great platform to raise our profile and get vital donations.”

TFN St Albans plans to return in the summer of 2017. If you would like more information, please contact