He says a huge part of that is charities.
"There are over 170,000 charities [and] we will not be able to match every pound of funding they would have received this year," says Rishi Sunak.
But, he announces a new £750m pot of cash for frontline charities across the UK - including hospices and charities helping domestic abuse victims.
Mr Sunak says £360m will be directly allocated by government departments, while £370m will go to smaller charities, including through a grant to the National Lottery Community Fund, and £60m of that will go to Scotland, Wales and Northern Ireland.
The chancellor also promises to match donations to the National Emergencies Trust as part of the BBC’s Big Night In fundraiser later this month "pound for pound", with a minimum pledge of £20m.
He adds: "Charities teach us the lesson that the simplest acts have the potential to change lives.
"At this time, when many are hurting, tired and confined, we need the gentleness of charities in our lives.
"It gives us hope, makes us stronger and reminds us we depend on each other."
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