voluntary organisations, social enterprises and volunteering
voluntary organisations, social enterprises and volunteering
voluntary organisations, social enterprises and volunteering
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Bank of Scotland Foundation - Invest (addressing disadvantage or social exclusion)
Created: 28/02/2023
News/Events Category: Funding and FinanceBank of Scotland Foundation's Invest programme is suitable for charities that can demonstrate they address disadvantage or social exclusion. This will ensure funding reaches the most vulnerable people across Scotland and provides them with opportunity and equality.
The Foundation recognises the significant impact that the current cost of living crisis is having on people across Scotland. To ensure funding can support charities through this crisis and reach those in real need, the 2023 Invest Grants Programme will provide funding for up to five years for charities.
Charities can apply for whatever is their greatest priority and area of need. For example:
- Project work e.g., a programme of work which is limited in scope and seeks to achieve particular outcomes including funding for project costs, staff costs, materials
- Core costs e.g., salary costs, utilities, and rent
- Capital costs e.g., a building project, repairs, equipment etc.
Examples of projects that can be supported include:
- Disadvantage: charities addressing primary disadvantage such as homelessness, abuse, mental health or poverty, or secondary disadvantage such as debt issues, learning disabilities, illiteracy, lack of employability skills or health issues.
- Social Exclusion: charities addressing exclusionary challenges for minorities, people with disabilities, LGBT people, drug users, care leavers, the elderly or the young.
Who can apply
Charities must have an annual income of between £50,000 and £1 million, have at least 3 years of Annual Returns lodged and checked by OSCR, and be either a financial vulnerability charity or one that has projects addressing financial vulnerability.
When to apply
Applications will open at 12 noon on 27 February 2023 and close at 12:00 on 06 March 2023.
How to apply
Apply online via the Foundation website. Please ensure you attach all of the requested documents, a list of these can also be found on the website.
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