Lloyds Bank Foundation Racial Equity Fund

The funding will be open year-round, meaning charities can apply at a time that suits them and will not be restricted by deadlines.

The funding will be open year-round, meaning charities can apply at a time that suits them and will not be restricted by deadlines. The Foundation is looking to support charities where more than half of their Trustee Board self-identify as Black, Asian or minority ethnic, with an annual income of between £25,000 and £1m, and with a strong track record of helping people from minority communities across 11 complex social issues.

In-depth

They fund charities which work with people over a prolonged period (a minimum of 12-weeks). As a result, they do not fund work that is primarily one-off advice or signposting.

Holistic and person-centred

they expect the charity to use a ‘person centred approach’. The individual will have been assessed and their needs identified with a plan of support put in place. Where your charity cannot meet all of an individual’s identified needs, you will need to tell them how you are working in partnership with others to address them.

Targeted

they do not support work that is purely reactive, or for the benefit of an entire geographic community. The charity will have identified a specific group of beneficiaries, will understand their needs and pro-actively seek to support them.

Supporting a journey of change

they expect the charity to be able to monitor and measure positive, outcome-based changes. These may not always be ‘hard’ outcomes, but they need to see evidence that the charity is supporting its service users to develop new skills, confidence, independence, security and/or agency.

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