The Lloyds Bank Foundation for England & Wales has announced the launch of two new grants programmes to replace its flagship "Communities Programme". The aim is to support projects that help people over the age of 17 who are experiencing multiple disadvantage at one of the critical points in their life. The funding programmes are:
1. "Invest" which is a flexible, long term core funding programme for charities helping disadvantaged people. Grants are up to £25,000 per year for two or three years, with the opportunity for continuation funding for up to six years in total.
2. "Enable" which is a smaller and shorter grants programme for charities that have identified clear development needs. This funding aims to help the organisations deliver their mission more effectively. These grants are up to a total £15,000 over two years.
The funding is available to registered charities and charitable incorporated organisations (CIOs) with an income of between £25,000 and £1 million. To be eligible, organisations are expected to be working with people 17 years or older, experiencing multiple disadvantage at one of the critical points in their life. The only exceptions are young people who are under 17 years of age and young parents or looked after children and disabled young people moving into independent living.
The closing date for initial application enquiries is the 20th November 2015. Charities that are successful at this stage will then have until the 8th February to submit a full application.
Read more at: http://www.lloydsbankfoundation.org.uk/our-programmes/