Lloyds TSB Foundation launches new guidelines
Howard Lake | 9 February 2007 | News
The Lloyds TSB Foundation for England and Wales has launched a new set of guidelines featuring significant changes to its core programmes. The Foundation has reviewed the Community programme for consistency and to tighten its focus on supporting smaller underfunded charities that help disadvantaged people to play a fuller role in the community of their choice.
The Community Open programme, worth £7.7 million for 2007, has been relaunched as the Community Open programme to reflect the Foundation’s core mission of supporting local charities that help disadvantaged people to play a fuller role in the community of their choice.
At a local and regional level the Foundation is now focusing on supporting underfunded charities with an income of £1 million or less for core and project funding of one to three years. At an England and Wales-wide level the Foundation is prioritising charities with an income of £5 million or less.
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The Foundation says “it is very important that charities speak to the grant-making team before they apply as staff will give ./guidance on submitting an application in relation to how much money it would be realistic to request and the most appropriate aspect of funding requirements to submit”.
The Community Priority programme, worth £11.5 million for 2007, will aim at a local and regional level to fund underfunded charities with an income of £1 million or less who are working within those priority areas to achieve maximum impact.
At an England and Wales-wide the Foundation is prioritising charities with an income of £5 million or less. Grants can be for one to three years and for core funding, new initiatives or to enable a charity to move to the next level of their development.
There are different funding priorities for the Community Priority in different aeras of the country. Again, the Foundation strongly encourages would-be applicants to talk to Foundation staff before making an application.
The new guidelines also contain an updated list of funding exclusions.
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.