The Lloyds Bank Foundation for England & Wales, which provides funding to charities for projects to help people break their cycle of disadvantage. The Foundation operates 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 between 2 and 6 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 for up to 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.
It has been announced that “Invest” grants programme will re-open for applications on 22nd May 2017 and will close on the 16th June 2017.
Applications to the Enable programme can now be submitted at any time.
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