Lloyds Bank Foundation - Racial Equity Programme
This programme is for small local charities and CICs which are led by and working with people who are experiencing economic inequity because of their race or ethnicity. It combines unrestricted funding of £75,000 over 3 years and tailored support.
This programme is aimed at registered charities and CICs which are led by and working with people who are experiencing economic inequity because of their race or ethnicity.
Your organisation will be led by the communities you serve, working with people over the long term to help them break free from poverty and achieve their potential. Your organisation will be directly delivering services that help people from racially minoritised communities experiencing significant economic disadvantage.
We believe small, local and specialist organisations play a unique role in helping people rebuild their lives. Their size and deep understanding of the complex issues people face make them best placed to reach, engage and support people and make an impact.
We want to ensure that the small and local organisations we support can thrive beyond the lifetime of our funding. Our programmes combine unrestricted funding with a breadth of tailored support aimed at helping strengthen charities and build the knowledge, skills and capabilities of staff and trustees.
If you’re awarded a grant under this programme you will receive £75,000, over three years (£25,000 per year). The grants will be unrestricted, meaning that you will be able to use the grant to support any costs that further your organisation’s social purpose.
Who can apply
Charities (including CIOs) and CICs must meet this programme criteria to be considered for funding.
You will be directly delivering services that help people from racially minoritised communities experiencing significant economic disadvantage. You will be delivering services which support people over the long term. You will support people to strengthen their immediate personal or financial circumstances and then support them to make progress towards achieving their employment/career aspirations and ambitions.
Your organisation will be led by and working for communities experiencing inequity because of their race or ethnicity. By this, we mean that at least 75% of your Directors/Trustees, and at least 50% of staff self-identify as belonging to the communities you support.
People with lived experience of the issues your organisation addresses should be at the centre of designing, developing, and managing the services you provide.
You will be delivering culturally appropriate services that are developed in response to community needs.
Restrictions
We are only accepting applications from organisations working outside of London.
We do not provide funding for the following organisations under this programme:
Organisations based in London.
Organisations that are not charities or community interest companies registered in England and Wales.
Infrastructure or ‘umbrella’ organisations.
Organisations whose primary purpose is to give funds to individuals or other organisations. This means organisations use more than 50% of their annual expenditure as grants.
Organisations working predominantly outside England and Wales.
Organisations that require people to take part in a religious activity as part of the support provided.
Hospitals, health authorities, or hospices.
Rescue services.
Schools, colleges, or universities.
Eligible expenditure
If you’re awarded a grant under this programme you will receive £75,000, over three years (£25,000 per year). The grants will be unrestricted, meaning that you will be able to use the grant to support any costs that further your organisation’s social purpose.
How to apply
https://www.lloydsbankfoundation.org.uk/funding/racial-equity-programme