Funding Opportunities

Trust Us with Your Trust

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Many fundraising organisations receive much of their funding from statutory sources and grant making trusts.

A trust is a fiduciary relationship whereby a person or persons (trustees) holds and manages property for the benefit of one or more others (beneficiaries). Fiduciary means ‘in good faith’ or ‘in trust’ so trustees have to act in the interests of the trust. A trust’s purposes and rules are set out in its governing documents.

There are numerous sources of funding available but it is important to know where to look and how best to approach the funders. Establishing which options are right for your organisation is an important first step.

Given the precarious economic climate which we find ourselves in, it is more important than ever to make sure that resources are used effectively. This includes approaching the most suitable funders and meeting best practice when asking for funding.

Code of Fundraising Practice and Guidance

The Institute’sGrant Making Trusts section of the Code and guidance provide best practice guidance and highlights issues to be considered when applying to trusts.

The Code of Fundraising Practice sets out the law and best practice for a range of fundraising techniques.

Find out more about the Code of Fundraising Practice.

Other Institute Resources

The Institute has also created a briefing on How to Structure an Application to a Trust. This briefing is to provide ideas and guidance around how to structure an application if they do not have a preferred application format.

Read the How to Structure an Application to a Trust briefing.

The Institute has a number of Special Interest Groups run by volunteers who are expert in specific areas of fundraising. Of particular note for this type of fundraising are the Trusts and Statutory and also the Scottish Trusts, Statutory and Foundations Groups.

Find out more about Special Interest Groups.

Different Forms of Funding

There are a number of different forms of funding and different resources available to the sector. Some brief information and helpful links are listed below:

Statutory and Government Funding

Statutory funding accounts for £12.8billion or 36% of UK charity income (NCVO Civil Society Almanac 2010). These sources of funding usually have very strict criteria and elligibility to funding varies enormously across the many sources available.

The Office for Civil Society located in the Cabinet Office oversees the role of the voluntary sector and also have some responsibility for statutory funding programmes. However, other government departments have funding that may support the work of fundraising organisations.

The main central funders are:

Other government departments and Local Authorities also have funding from time to time that might be available to support charities. The Government Funding web site lists grant opportunities across Government.

Visit the Government Funding website.

For more information throughout the UK you can check the Scottish Government, Welsh Assembly Government and Northern Ireland Assembly websites.

Visit the Scottish Government website.

Visit the Welsh Assembly Government website.

Visit the Northern Ireland Assembly website.

European Funding

There are a variety of funding programmes and initiatives available from European sources.

The European Social Fund web site and the Secretariat General section of the European Commission’s site are good places to start your research.

Visit the European Social Fund website.

Visit the European Commission website.

The European Fundraising Association is a network of fundraising associations throughout Europe. If you are looking for funding in a particular country within Europe you may find it helpful to contact the relevant association.

Visit the European Fundraising Association website.

Lottery Funding

28 pence of each £1 lottery ticket goes to good causes in the UK. National Lottery funding is available through several lottery money distributors. This amounts to around £500million annually (NCVO Civil Society Almanac 2010).

The Lottery Funding web site provides information on and links to all of the different Lottery funders via the Lottery funders listing.

Visit the Lottery Funding website.

Find out more about the Lottery Funders Listing.

Some of the major lottery funders are listed below.

The Big Lottery Fund
The Big Lottery Fund distributes half of the funds that the National Lottery raises for good causes and currently has a abudget of around £630 million a year.

The Big Lottery Fund gives grants to projects that improve health, education and the environment and support voluntary groups, helping those most in need.

Find out more about the Big Lottery Fund.

Awards for All
Awards for All is aimed at not-for-profit organisations and funds projects that bring together people to take part in community activities. Grants range in size from £300 to £10,000.

Find out more about Awards for All.

Heritage Lottery Fund
The Heritage Lottery Fund helps organisations of all sizes to conserve and enhance the UK’s heritage and make sure that everyone can enjoy it.

Find out more about the Heritage Lottery Fund.

Arts Councils
The Arts Councils of England, Wales, Scotland and Northern Ireland provide grants for art projects within each country.

Find out more about Arts Council England.

Find out more about the Arts Council of Wales.

Find out more about the Arts Council of Northern Ireland.

Find out more about the Scottish Arts Council.

Sports
The Lottery funders listing provides links to organisations funding sports initiatives.

Find out more about funders for sports initiatives.

Finding Funding

The Institute of Fundraising is not a grant-making body but there are a variety of places that you can look for funding. Some of the key information sources are listed below.

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Posted on March 3, 2015, in Uncategorized. Bookmark the permalink. Leave a comment.

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