The Lloyds Bank Foundation for England & Wales, invests in charities supporting people to break out of disadvantage at critical points (Transition Points) in their lives, and promote practical approaches to lasting change. It funds small and medium-sized charities with an income between £25,000 and £1 million via two main programmes:
Enable grants help charities to grow stronger and develop so that they can be more effective. Grants can cover activities such as piloting a new stream of work or looking into new ways of diversifying income, e.g. through a social enterprise. Enable grants are awarded to charities which have identified clear development needs, and provide a great opportunity to strengthen charities to deliver more effectively. Grants of up to a total of £15,000 over one or two years, are available which can reinvigorate charities through funding organisational improvements, development of areas such as leadership and governance, improved systems and demonstrating outcomes. These developments put charities in a stronger position to better deliver services and attract funding. Applications for Enable grants are accepted on an ongoing basis, and applicants will be informed of the outcome of their application within six months of the application being received.
Invest grants are from £10,000 up to maximum of £25,000 per year for two or three years, with the opportunity for continuation funding for a further period – up to six years in total. Invest grants fund core organisational costs, meaning those related to the day to day running of your charity. Requests for core costs will only be considered where the majority of your charity’s work (more than 50% of your work and expenditure) meets the eligibility criteria. Llloyds also fund costs associated with the direct delivery of your work. Applications to the Invest Programme are accepted in three rounds annually. Visit the Foundation website Funding Timetable for key dates.