# Lloyds Bank Foundation & The Big Lottery Fund announce funding pilot to help small charities

- Link: https://fundraising.co.uk/2017/06/22/lloyds-bank-foundation-big-lottery-fund-announce-funding-pilot-help-small-charities/
- Published: 2017-06-22T10:00:17+01:00
- Author: Melanie May

**Lloyds Bank Foundation for England & Wales and The Big Lottery Fund have announced
a new funding pilot to provide small charities with greater financial support for
their work in local communities.**

 

Twenty-two small and local charities across England who have been awarded grants
totalling £1.4m by [Lloyds Bank Foundation](https://www.lloydsbankfoundation.org.uk/)
as part of its Invest programme, have also been offered a share of additional funding
worth almost £400,000 from the [Big Lottery Fund](https://www.biglotteryfund.org.uk/)
without the need for further grant applications or subsequent monitoring processes.

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By co-funding grants, the funders hope to help strengthen small charities struggling
in today’s economic environment and support them to reach more people in need in
their local communities. The additional funding from The Big Lottery Fund was offered
to help them bridge further funding gaps they had identified through their ongoing
relationship with their Lloyds Bank Foundation regional grant managers. Contributions
from the Big Lottery Fund range from £3,000 up to £45,000.

 

Following this initial pilot, Lloyds Bank Foundation and the Big Lottery Fund are
now considering further options for joint working to continue growing support for
and investing in small and local charities.

 

Paul Streets OBE, chief executive of Lloyds Bank Foundation for England and Wales,
said:

 

> “Small charities play a critical but often unseen role in local communities but
> are facing unprecedented pressures from funding cuts and with growing demand for
> their services. As funders, we have a collective duty to believe in those charities
> that are making a difference on the ground by reducing administrative burden and
> doing whatever we can to see these charities better supported.
> “By working together, Lloyds Bank Foundation for England & Wales and the Big Lottery
> Fund will facilitate more money towards small and local charities and strengthen
> this sector. At a time when too many small charities are at risk, we hope we can
> demonstrate to other funders, Government and larger charities that by working 
> together we can better help to secure the knowledge, expertise and essential public
> services that small charities offer our communities.”

 

Image: Beacon House Ministries, Colchester, which has received funding from Lloyds
Bank Foundation for England and Wales

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