The Money Saving Expert (MSE) Charity is designed to try and break the cycle of debt. It aims to fight financial and consumer illiteracy and is dedicated to educating and informing adults and children about consumer and debt issues.
The Charity holds two funding rounds each year with a different theme for each round.
The theme for the current round (1 February to 2 March 2018) is:
- Living with Long Term Challenges projects should focus on building financial capability skills assisting people who support dementia, autism, learning difficulties, caring responsibilities, mental illness, brain injury and stroke.
All applications must demonstrate how the project they are seeking funding for has a lasting impact on people who have or care for those living with long-term challenges as listed above by supporting them to become more financially capable. Projects must commence from June 2018 onwards.
This year, MSE has raised the maximum grant level from £5,000 to £7,500.
Small to medium-sized non-profit organisations with a constitution can apply. This includes UK registered charities, community interest companies, social enterprises and credit unions. To be eligible, applicants should have an annual income of less than £500,000 and have unrestricted reserves that are less than six months of their running costs.
Applicants are advised to apply early in the month as the round will be limited to the first 40 applications that are accepted or the deadline, whichever is soonest.