This is one of those areas where a few wealthy benefactors would make so much difference.
In ye olden days super rich people built libraries and public buildings so they could put their name on them and be remembered forever. Yes they were vanity projects but they also did public good.
I'd have so much respect for e.g. the Beckham family support centre or the Sir Alan Sugar apprenticeship training college. Way to genuinely make your name mean something in history.
Often these things run on absolute peanuts, what they mainly need is a suitable building and a few core members of staff and other community groups use the space and make it a valuable resource for the community.
The only British person I'm aware who does this sort of thing (without putting their name to it) is J K Rowling.
Government run and funded schemes are always vulnerable to political changes.
I think David Cameron hoped his rich mates would come through for him in his 'Big Society' vision when they scrapped surestart the first time round.... but they didn't