“Mudiad Meithrin has been working with the Community Foundation Wales since 2018. We set up an agency fund within the Foundation, which is where we placed a significant allocation of our organisation’s charitable reserves, protecting the original asset value and growing the fund through investments. We chose to partner with CFW because we felt a strong affiliation to their values, and their connection to Welsh communities nationwide.
The agency fund model hopefully allows us to ensure that Mudiad Meithrin will continue to exist for generations to come. Investing through an agency fund has also given us the opportunity to support the work of CFW. Fees from agency funds are immediately reinvested back into Welsh communities, enabling the Foundation to become stronger and better able to support those that are most in need during this time of economic uncertainty.”