The Trust want to fund those who are helping communities affected by poverty and trauma with a focus on early intervention, and support capacity, skills and capability in the organisations they fund. Finally, they want to share knowledge and understanding around poverty and trauma, their causes, consequences and potential solutions.
What does this mean for funding?
You can read an update on what the new strategy means for their funds here. The plans include offering more core and unrestricted funding, longer-term funding of up to five years, removing closing dates and less emphasis on match-funding.
Applications for their five new funds will open on Wednesday 30 September 2020, they are:
Wee Grants – Revenue and capital funding of up to £2,000 for constituted community groups and small charities with an annual income of under £25,000.
Small Grants – Revenue funding of between £2,500 and £15,000 for up to five years for registered charities with an annual income of between £25,000 and £100,000.
Large Grants – Unrestricted or restricted revenue funding of between £15,000 and £50,000 per year, for up to five years for registered charities with an annual income of between £100,000 and £2 million.
Community Vehicle Grants – Capital funding of £1,000 to £10,000 for a vehicle to support the work of charities with an annual income of between £25,000 and £2 million.
Community Building Grants – Capital funding of £2,000 to £75,000 towards a community facility where your work is based to support the work of charities with an annual income of between £25,000 and £2 million.