Lloyds Bank Foundation is providing unrestricted grants of £75,000 over three years (£25,000 per year) with tailored development support to small, local and specialist registered charities, CIOs and CICs which are led by and working with people who are experiencing economic inequity because of the race or ethnicity.
Organisations must:
- Be based and working in England and Wales, outside of London. Most of your organisation’s time and money is spent on activities in England and/or Wales and outside of London and helping people living in England and/or Wales and outside of London.
- Have an annual income of between £25,000 and £500,000 in the last set of published accounts. This is total income and, in the case of consolidated accounts, should cover all entities within those accounts.
- Have a bank account in the name of the organisation with unrelated signatories. If the application is successful, the grant must be paid into this account.
- The majority of people in positions of power (including directors/trustees, the CEO and senior managers) must not be related nor live at the same address. Where there are related parties, we will consider the relationship, conflicts of interest and loyalty, the balance of power of the related directors/trustees, and how this is managed.
- Have a track record of delivering services, for at least one year, to people aged 18 and over. You must currently be delivering these services. If your organisation has recently merged, then this must apply to at least one organisation pre-merger.
- Not include religious activity as a part of the services delivered unless the charity has been established to support people specifically of that faith.
- Have a safeguarding policy in place. We will explore what safeguarding means to your organisation, how it fits with your mission and values and your approach to safeguarding across your organisation.
- Have a Designated Safeguarding Lead/ Officer (DSL/O). This person will be accountable for your safeguarding practice and will be appropriately trained. In most cases we expect the DSL/O to have undertaken “Designated Safeguarding Lead training” This may be called as such or may be called Level 3 training in England or Level C training in Wales.
- Hold Public Liability Insurance.
- Be an independent organisation. We will look at any formal associations you have with other organisations, parent bodies, or group structures. We will check that the Board or Directors of the applicant organisation has full control over its work and any conflicts of interest.
- If you have a live grant with Lloyds Bank Foundation, it must end before 29 May 2026.
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