The charity foundation, established to mark the society’s 125th anniversary, will provide individual awards of up to £500, with 10 personal grants being made each month. There will also be biannual awards of up to £25,000 for community projects.
The society said both are likely to be linked to health, education, sport, hardship alleviation and support for the sick and disabled, although all nominations meeting criteria will be considered.
Paul Hudson, chief executive of Cirencester Friendly, said: “We are reaching the end of Cirencester Friendly’s 125th anniversary year but the establishment of the Cirencester Friendly Society – 125 Foundation ensures the enduring legacy of this important milestone.
“As a mutual organisation that cares for its members beyond mere contractual provision, we are thrilled that we will be able to support people and projects that are important to our members. This is at the very heart of our ethos.”
