Funders Spotlight - Lloyds Bank Foundation
Lloyds Bank Foundation’s new grants programme opens on December 2nd, 2019. The foundation has been redeveloping its grant-making and application processes to better deliver its ambition to support charities with funding at a higher level for longer, giving greater flexibility over how they use those resources, and providing a range of development support, as well as seeking to influence the policy and practice affecting them and those they serve.
The foundation wants to be open and transparent with charities, make best use of their time in applying and be clearer in advance which charities and areas it is more likely to be able to support. Charities are hard-pressed for time and the foundation doesn’t want them wasting time on filling in applications with no prospect of success.
To do this, the foundation has region-by-region funding priorities for 2020 that set out which areas of work are open for applications in each region; this will be available on its website from the launch. Depending on which of the foundation’s complex social issues applicants are working to address, and the part of England or Wales that they work in, the foundation’s website eligibility checker will let charities know whether they can apply for up to £45,000 or up to £100,000, both over three years. The foundation aims to award 60 per cent of their grantees continuation funding for up to six years.
You can sign up for an alert for information about the new programme by filling in your email address here.