The Trust is a significant funder for several reasons: it is amongst the largest independent grantmaking trusts covering the whole of the UK, with annual spending in the order of £18 million; the trustees are not obsessed with innovation for innovation’s sake; the Trust supports work across a wide range of needs, focussing on helping people at the margins of society and tackling the root causes of their problems. It prefers to support organisations with a turnover of less than £1 million. About a fifth of all grants go to organisations with a turnover of less than £50,000.
The new guidelines show less of a change in substance than they do in style. Subtitled “Encouraging progress, development and fresh ideas”, they outline the Trust’s approach and interests rather than present a long list of dos and don’ts.
Grants can cover core costs, project costs or capital development needs. Money can also be spent on your organisation’s capacity building. Loans can be given if they most suit your requirements. There is no minimum of maximum grant level. Most grants are for one, two or three years though longer ones are possible if you can show that the extra time is required to make a complex problem approachable.
The Trust has seen a steady decline in applications in recent years and is especially keen to see more applications from the English regions, for example the East Midlands and Eastern England, and Wales, Scotland and Northern Ireland.
The Trust’s updated guidelines can be downloaded at:
www.tudortrust.org.uk/downloads/funding_guidelines_2011_12.pdf.
It's a two stage application process. There are no closing dates. Allow around four months for final decisions to be made.
(Source: UK Fundraising)
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