The Lloyds Bank Foundation for England & Wales, which provides core funding to charities for projects to help people break their cycle of disadvantage, has announced that its “Invest” grants programme re-opened for applications and will close on the 18th May 2018.
“Invest” is a flexible, long term core funding programme for charities helping disadvantaged people.
Amongst other things this can include people affected by:
- Long Term Unemployment
- Lack of Qualification
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 running costs such as rent, heating, lighting and management costs etc, as well as project delivery costs such as salaries, recruitment, volunteer expense and training, etc.
The Foundation also runs a smaller “Enable” programme which provides grants of up to £15,000 for up to 2 years for activities relating to organisational development such as leadership and governance, improved systems and demonstrating outcomes. Applications to the “Enable” programme can be made at any time.