Lloyds Bank Foundation re-opens for applications

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http://www.lloydsbankfoundation.org.uk/

Round Two is now open, with a deadline of 4th  March for initial applications. Charities will be notified as to whether they have been successful in progressing to full application by 15th April, and assessment contact with charities will take place between 25th April and 27th May.  The Round Two deadline for full applications is 6th June, with decisions made in the week commencing 25th July, and applicants notified in the week commencing 8th August.  Round Three will open to initial applications on 25th April, with a deadline of 5pm on 8th June, and decisions made during the week commencing 28th November.

The grants are open to charities with an income in their last set of published accounts that is greater than £25,000 and less than £1million, and who also meet the Foundation’s eligibility criteria. Grants are from £10,000 up to maximum of £25,000 per year for two or three years, with the opportunity for continuation funding for a further period, up to six years in total.  The aim of these programmes is to support projects that help people over the age of 17 who are experiencing multiple disadvantage at one of the critical points in their life. Grants are made through two funding programmes.

These are:

“Invest” which is a flexible, long term core funding programme for charities helping disadvantaged people. Grants are up to £25,000 per year for two or three years, with the opportunity for continuation funding for up to six years in total.

“Enable” which is a smaller and shorter grants programme for charities that have identified clear development needs. This funding aims to help the organisations deliver their mission more effectively. These grants are up to a total £15,000 over two years.

The funding is available to registered charities and charitable incorporated organisations (CIOs) with an income of between £25,000 and £1 million. To be eligible, organisations are expected to be working with people 17 years or older, experiencing multiple disadvantage at one of the critical points in their life. The only exceptions are young people who are under 17 years of age and young parents or looked after children and disabled young people moving into independent living.

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