Comment: | Launched in June 2004, the Big Lottery Fund is the joint operating name of the New Opportunities Fund (NOF) and the National Lottery Charities Board which made grants under the name of the Community Fund (CF). The new organisation brings together the work of these two National Lottery distributors, as well as taking on the Millennium Commission's role in supporting large-scale regeneration projects and, eventually, its residuary responsibilities. Big Lottery Fund is responsible for giving out half the money for good causes raised by the National Lottery, giving them a budget of about £630 million a year. Their funding covers health, education, environment and charitable purposes. They are committed to bringing real improvements to communities and the lives of people most in need.
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