Site icon KG Accountants Blog

Unlocking Opportunities: November 2023 Roundup of Latest CIC and Charity Funding Advice

Welcome to our news for November. These are such difficult times. Our thoughts are with those experiencing conflicts around the world – especially in Sudan, Gaza-Israel, and Ukraine. We continue to be inspired by our local communities providing vital support to those of us most in need. It does make a difference.

Community Interest Companies (CICs) play a pivotal role in driving positive change within communities. However, to maximize their impact, these organizations often require financial support. Thankfully, various grants are available to empower CICs in realizing their noble missions. In this blog, we’ll explore the world of grants tailored for CICs, shedding light on some notable opportunities for funding.

1. National Lottery Awards for All England

https://www.tnlcommunityfund.org.uk/funding/programmes/national-lottery-awards-for-all-england#section-2

Social connections and community activities are at the heart of creating healthier, happier lives and a flourishing society. That’s why we support amazing community-led projects.

Eligibility:

You can apply if your organisation is a:

Funding Activity:

We can fund projects that’ll do at least one of these things:

bring people together to build strong relationships in and across communities

improve the places and spaces that matter to communities

help more people to reach their potential, by supporting them at the earliest possible stage

support people, communities and organisations facing more demands and challenges because of the cost-of-living crisis.

Grant Range: £300 to £20,000

2. Sports England – Small Grants Programme

https://www.sportengland.org/funds-and-campaigns/our-funds/small-grants-programme#about-the-fund-23019

Our Small Grants Programme seeks to develop opportunities for communities to get more people physically active and we’ll support new projects through providing National Lottery funding of between £300 and £15,000.

Eligibility:

Eligible types of organisations are:

Funding activity:

Grant range: £300 and £15,000

3.  The Deptford Challenge Trust (DCT)

https://londoncf.org.uk/grants/deptford-challenge-trust-open-programme#:~:text=The%20Trust’s%20grantmaking%20programmes%20are,the%20organisations%20working%20within%20it.

The Deptford Challenge Trust (DCT) is a charitable trust that makes grants to improve the quality of life for people who live and work in a defined area of Lewisham, which covers Deptford and parts of New Cross.

Eligibility:

There must be a signed governing document in place appropriate to the legal structure. This must include an asset lock (or equivalent clause) and the purpose of all funded activities must be charitable (not for profit). This includes:

Funding Activity:

Applications are welcomed for projects which work with residents of any age, gender and ethnic background, under the following themes:

Grant Range: £1,000 to £30,000

4. Little Lives UK – Children’s Community Support Programme

We aim to support local organisations in the vital work they do helping children in our community.

Through our Children’s Community Support Programme, Little Lives UK wants to guarantee that children around the UK can join clubs, take part in activities, learn and have fun without it costing them or their family anything. We support children’s organisations that provide free activities, sessions or classes for children around the UK in need.

Eligibility:

Our programme aims to support children’s groups and organisations, such as play groups or sports classes. However, we are open to applications from other projects, as long as their primary objective focuses on providing services to children.

Funding Activity:

Little Lives UK can support your organisation by offering you up to £2,200 worth of funding. There is no monetary minimum you can apply for, and we will additionally support the work you do through our social media channels and on our website.

Grant Range: up to £2,200

5. The Radcliffe Trust

Music

Eligibility:

UK registered charities, CICs, CIOs and other not-for-profit organisations for project costs

Funding Activity:

Applications are considered under eight headings:

Grant Range: up to £10,000 (generally within £1,000-£5,000)

6. PRS for Music Foundation

Funding

At PRS Foundation we have many initiatives that provide financial support for the creation, performance, and/or promotion of outstanding musicAt PRS Foundation we have many initiatives that provide financial support for the creation, performance, and/or promotion of outstanding music.

Eligibility:

Music projects led by promoters, talent development organisations, venues, festivals, curators and large performance groups (for example orchestras, choirs, jazz bands or folk groups with 12 or more performers).

Funding Activity:

Funding of music projects of all types. They do not fund artists who don’t write their own songs.

Grant Range: Up to £10000

Conclusion:

Securing grants is a crucial step for Community Interest Companies to thrive and make a lasting impact on the communities they serve. By exploring the diverse funding opportunities available, CICs can ensure the sustainability of their projects, enhance their outreach, and continue to contribute positively to society. Stay informed, be proactive, and unlock the doors to a brighter future for your CIC and the communities you support.

How we can help

If you need help getting CIC funds, give us a call Call us today on 0207 953 8913 or complete our enquiry form in order to book  a FREE initial CIC consultation.

Call us today on 0207 953 8913 or complete our enquiry form in order to book a FREE initial CIC consultation.

Exit mobile version