AN INITIATIVE has been launched by Coventry Cathedral to secure the historic venue’s future.
The ‘Investors in Hope’ initiative hopes to plug a gap in the cathedral’s finances, with a combined annual target of £300,000.
This is to offset an annual deficit of £100,000 – and to return the Cathedral to being free entry at all times.
Supported by Coun Lindsley Harvard, Lord Mayor of Coventry, and Coun Tony Skipper, Deputy Lord Mayor, it is hoped the campaign can persuade some of the city’s most successful businesses to pledge an annual donation of £10,000.
The initiative has already received backing from three leading names, which will be announced soon.
Residents are also being encouraged to sign up to the initiative and pledge £5 each year to support the Cathedral’s future.
The Dean said: “We are inviting Coventry’s citizens to play their part in securing the future of their Cathedral, in its place at the centre of our city.
“We are delighted our present and future Lord Mayors have personally committed to this vital cause, and hope that many others will want to follow their example.”
Lord Mayor of Coventry, Cllr Lindsley Harvard said: “Coventry Cathedral lies at the heart of our city, its heritage and its future.
“With the City of Culture Bid, we need to work harder than ever to ensure that the Cathedral remains open and playing its part in the life of the City.
“I felt it was important to lead the way in showing my own support for this important fundraising initiative to secure the long term future of the Cathedral.”
Deputy Lord Mayor, Coun Tony Skipper, added his personal support as he looks forward to his year as Lord Mayor – which will start in the Cathedral on Thursday (May 18).