The charity has changed its plans in light of the Covid-19 pandemic
The Life Changes Trust is to close early due to the impact of the coronavirus pandemic, it has been announced.
The charity, which supports young people with care experience, people with dementia, and their carers, was established by the National Lottery Community Fund in 2013 for a period of up to 10 years.
However, after a review which examined how Covid-19 had affected the trust, it has now been decided that it will end operations in March 2022, a year earlier than planned.
The trust says this will allow savings to be made in some areas and increase the funds available for its beneficiaries.
In a statement, the charity said: “The pandemic has meant that many organisations have had to think differently about what they are doing and re-examine their plans for the future, and we are no different in that respect.
“The decision is to close the trust’s operations earlier than originally planned in order to make savings in some areas and increase the funds available to support beneficiaries. This means we will now cease our active operations in March 2022, followed by a winding-up period.
“Our beneficiaries are at the heart of our board’s decision, and they are always our first priority. This decision will allow us to fund all the work currently planned in line with our 2019-23 strategy, and will also enable us to provide more funding to our beneficiaries and those who work with them, through some new grants and increased legacy funding.
“We believe that these next eighteen months are crucial months for young people with care experience, people with dementia and unpaid carers. They are a time to push ahead rather than hold back and we look forward to working with you to achieve our shared aims.”