Chelsea Foundation focuses on local community impacts
Chelsea is changing its charitable approach under new ownership. The American consortium, led by Todd Boehly and Clearlake Capital, bought the club in 2022. Since then, the Chelsea Foundation is adapting to better serve local communities. Laura Cordingley is the new chief executive of the Chelsea Foundation. She recently spoke at the launch of the Blue Creator Fund exhibition at the Saatchi Gallery. This event also celebrated the club’s 120th anniversary and showcased the work of five winning artists. Cordingley stated that the foundation aims to be more focused on the communities in southwest London and Surrey. She mentioned the need to understand and address significant challenges in these areas. Notably, Hammersmith and Fulham has the highest suicide rate in London. There are also stark differences in life expectancy within Kensington and Chelsea, where it can vary by 19 years from north to south. The foundation plans to support initiatives that promote tolerance, inclusion, and community cohesion. It will also help young people with education and employment opportunities. The club provides £2 million a year to support the foundation’s efforts.