Unclaimed assets grantmaker to support older people at risk
The Balance Charitable Foundation for Unclaimed Assets has announced its first grantmaking programme which will fund work focused on the needs of older people across the UK, particularly those over 75 at risk of social exclusion.
Established in December 2003 the Balance Charitable Foundation (BCF) aims to release unclaimed assets held by the UK’s financial institutions and to use them to make grants to the charitable sector. It is a private initiative, independent of Government.
The Programme for Older People, particularly those over 75, is open to applications which show real evidence of wider community involvement, and of the participation of older people in the design and running of the work. The Foundation adds that “applicants are encouraged to approach this funding opportunity in innovative ways”.
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Programme criteria include:
- new approaches to service delivery
- issues facing carers
- local advocacy initiatives
- the provision of information or advice
- innovative caring and housing solutions
- credit action schemes in local community organisations
Applications are eligible from charitable or voluntary organisations working in the UK.
Grants will normally be from £50,000 to £100,000, phased over up to five years. There will be one round of grants in 2005 and two rounds in 2006.
The closing date for outline applications is 31 May 2005.