Wednesday, 7 September 2016

Lloyds Bank Investment Programme

The Lloyds Bank Foundation Invest Programme provides longer term core or direct delivery funding for charities and Charitable Incorporated Organisations (CIOs) that are delivering clear outcomes as a result of their work with people experiencing multiple disadvantage. 
Grants are available for between £10,000 and £25,000 per year for two or three years, with the opportunity for continuation funding for a further period of up to six years in total.
Organisations must be working with people experiencing multiple disadvantage at one of the following critical points in their life:
Offending: on release or prior to release from prison or at the start or on completion of a community sentence;
Children leaving the care of a local authority to live independently on leaving local authority care;
People moving from community based or institutional carefor mental ill health on leaving institutional care or moving on from or a reduction in support from Community Mental Health Teams;
Unemployment - from a period of unemployment of at least six months for those furthest away from the labour market;
Homelessness/vulnerably housed - from a position of having no accommodation (or being vulnerably housed);
Independent living for those with a learning disability on leaving the care of the family home or a residential establishment;
Dependency on alcohol, drugs, or gambling at the point when an individual decides to break or reduce their dependency;
Abusive or exploitative relationships - domestic violence when an individual decides to remove themselves from or assert themselves within an abusive/exploitative relationship;
Trafficking or sexual exploitation - at the point an individual is able to remove themselves from a trafficked or exploited situation or at the point an individual decides they are able to address the impacts of being exploited or trafficked;
Refugees and asylum seekers - from the point of arrival in the UK or on granting of refugee status;
Parenthood for young parents - for young parents aged under 21 on becoming parents;
Those taking on caring responsibilities - (a) at the point of taking on the long term caring of a friend or relative; (b) at the point of transition from a long term caring situation; or (c) experiencing significant change in the circumstances of the carer or cared for person; and
Older people losing independence – at the point they need additional support to continue living independently or at the point of transition to residential care.
Funding is available for core organisational costs which are related to the day to day running of the charity.  Funding is also available for costs associated with the direct delivery of the charity's work.
Core costs include: o Building running costs; o Rent; o Utilities; o Heating and lighting; o Insurance; o Office costs; o Stationery; o IT running costs; o Management costs; o Salaries or contribution to managers; and o Finance/admin/back office. 
Direct delivery costs include: o Salaries; o Recruitment; o Sessional workers; o Volunteer expenses; o Travel; o Training; o Monitoring and evaluation; o Promotion; and o Activity costs.
Funding is not available for:
o Organisations that are not registered with the Charity Commission;
o Community Interest Companies;
o Second or third tier organisations, unless there is evidence of direct services to individuals with multiple disadvantage;
o Charities whose primary purpose is to give funds to individuals or other organisations;
o Hospitals, health authorities or hospices;
o Rescue services;
o Nurseries, pre-schools or playgroups;
o Schools, colleges or universities;
o Animal charities;
o Charities working outside England and Wales;
o Medical care or medical research;
o On-line or telephone advice service;
o Events and short term interventions including holidays, expeditions and trips;
o Activities for which a statutory body is responsible;
o Capital purchases or building work. This includes IT, building work, purchase of vehicles and equipment etc.;
o Environmental, arts based or sports activities. However, consideration will be given to requests from charities that use these activities as part of the transition process;
o The promotion of religion. This does not exclude organisations that may have a religious element to them as long as their charitable objectives show a wider benefit other than just religion and they are working with the identified groups through transition points;
o Loan repayments;
o Sponsorship or funding towards an appeal;
o Work that has already taken place;
o Evaluation which is not related to the funded work;
o Professional qualifications;
o Professional fundraisers or bid writers; or
o Redundancy payments.
The deadline for applications to Round 4 of the Invest Programme is 5pm on Friday 14 October 2016.
Announcement of successful applicants will be in mid-April 2017.
Applicants must first complete the online eligibility checklistand then register their details to access the online Expression of Interest form.
If the Expression of Interest form is approved, a Grant Manager will arrange a visit to discuss the application.
For further information, visit the Lloyds Foundation website.
Contact details for the Invest Programme are:
The Lloyds Bank Foundation for England and Wales
Pentagon House
52-54 Southwark Street
London SE1 1UN
Tel: 0870 411 1223

(Source: GRIN)

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