Staff and service users at Naomi House & Jacksplace hospices are celebrating after hearing that the charity is set to receive significant funding from the Libor Charity Funding scheme.
The hospice charity that cares for children, young people and families from across Hampshire will receive £95,000 from the fund. The money will be used to provide support to 10 local military families with a life-limited or life-threatened child.
Naomi House & Jacksplace hospices offer respite, community, emergency, end of life and bereavement care to 325 children and young people from Hampshire, Wiltshire, Dorset, Berkshire, West Sussex, Surrey and the Isle of Wight.
Steve Brine, MP for Winchester and Parliamentary Under Secretary for Health said: "It's really great that something so positive continues to come out of the shame of LIBOR fines.
"I'm delighted we've been able commit such a large sum to Naomi House & Jacksplace to further support their excellent work with life-limited or life-threatened children and young people from armed forces families."
Mark Smith, Chief Executive at Naomi House & Jacksplace added: "We are delighted with the news that we will receive this significant sum from the Libor Charity Funding scheme. This money will help us to provide absolutely vital care and support to local military families on good days, difficult days and last days."
The latest round of funding will bring to an end the Libor Charity Funding scheme, which has awarded £773million to charitable organisations since 2012. The funds were collected from banks that were fined for manipulation of the Libor rate.
Naomi House & Jacksplace offers care and support to more than 325 children, young people and their families from across southern England. The charity operates a fully 24 hour service, caring for some of the region's most medically complex children and young people.
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