Lloyds have launched a £7.4 million COVID funding aimed at supporting charities to recover beyond the immediate crisis.
The fund will offer around 140 charities a two-year unrestricted grant of up to £50,000 alongside a Development Partner to help charities navigate a tumultuous future. This fund is open to small and medium sized charities with an income of between £25,000 and £1 million a year that are helping people overcome complex social issues such as mental health, homelessness and domestic abuse
Applications are open from 10am 3rd August 2020 and will close at 5pm 11th September 2020.
A minimum of a quarter of this funding will go to charities that are led by and for people from Black, Asian and Minority Ethnic communities.
In addition , and following a comprehensive review of their grants portfolio and the wider sector, they found that some charities in specific places were being excluded by the criteria. They recognise that many of these charities often provide a response to a specific social issue such as homelessness or domestic abuse alongside helping communities and individuals around a range of other issues. That is why, they are also relaxing our eligibility criteria for charities based in Wales