Community Foundation for Lancashire

The Community Foundation for Lancashire will manage funds from fracking firm Cuadrilla as part of a deal to distribute £100,000 to community projects via a Community Benefit Fund for the Preston Road operations.

... local residents will also be consulted on whether they wish the funds for the other three wells Cuadrilla has planning consent to drill and hydraulically fracture to be paid into the independent Community Benefit Fund, managed by the Community Foundation for Lancashire, or proportionately directly to individual local households via a separate scheme. If all three wells are drilled, this would total another £300,000.