The Stone Foundation

The Stone Foundation has been officially registered as a Charitable Incorporated Organisation – a new form of Charity.

Elaine Thomas, who currently works for Stepping Stones as the Business Development Manager but has been spending most of her time developing the Charity, is absolutely delighted at the news she received today from the Charity Commission. She says:

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It’s been a huge challenge as this is something I haven’t ever tackled before, and it’s been a very long time coming - so I am over the moon!  Now the real work in finalising the Business Plan, seeking funding and putting the theory into practice is about to begin in earnest!”

The charity’s aim is to provide accommodation with tenancy support for people who are vulnerable and in financial hardship.  The idea stems from the need to find suitable accommodation for people who are ready to move on from supported housing.  Historically, supported housing tenants have been given priority through Choice Based Lettings in the provision of Council or Housing Association accommodation, but increasingly, this option is becoming less viable due to scarcer resources and people are therefore ‘missing the boat’.


“People reach a point in their recovery during their stay in supported housing when they feel ready to move into a more independent setting; if they are not able to move at that time, their recovery may be impeded.  It is therefore important that the right accommodation can be found at the right time”.


 

With this in mind, the Charity will aim to work with property owners, landlords and local authorities with a view to acquiring accommodation in the private sector on a full tenancy management basis.  These properties will be let to vulnerable people who will be supported in a way that encourages them to stick to their obligations as a tenant – pay their rent, keep the property ‘in a tenant like manner’ etc.  Rent deposit guarantees will be provided so that landlords will not lose out on either rental income or have to make good any damage to the property.

The charity currently has 8 willing men and women who have agreed to be trustees, but we need more (up to 12 in total).  We really need people who are landlords/have experience of private sector rentals, people with a good knowledge of benefits and people who have experience of accessing funding.

For more information on about The Stone Foundation please check out the website TheStoneFoundation.co.uk.