LLoyds Bank Foundation - Racial Equity strand

funding update

Aims/priorities: This year, at least 25% of the grants will go to charities led by-and-for Black, Asian and minority ethnic communities. Under the Racial Equity funding strand, they will support charities where more than half of their Trustee Board self-identify as belonging to a Black, Asian or minority ethnic community.

The scope of ‘Minority Ethnic communities’ includes those that have historically experienced marginalisation, racialisation, oppression and prejudice. Therefore, also in scope is work that benefits Jewish communities, Gypsy & Traveller communities and some migrant communities.

Applicants will support people from specific Black, Asian or minority ethnic communities to overcome any of the following 11 complex social issues:

  • Addiction or dependency on alcohol, drugs, and/or gambling
  • Asylum seekers and refugees
  • Care leavers
  • Domestic and sexual abuse
  • Homelessness/vulnerably housed
  • Learning disabilities
  • Mental health
  • Offending, prison or community service
  • Sexual exploitation
  • Trafficking and modern slavery
  • Young parents

They support charities with a proven track record of helping people on a journey of positive change through in-depth, holistic and person-centred support. They offer unrestricted funding, including around core costs, and tailored development support to help your charity be more effective. Their funding process considers local need, the prevalence of eligible small and medium-sized charities in the area, the nature of the region and the balance of their portfolio.

Who can apply? Registered charities/CIO’s with an annual income of between £25,000 and £1 million in the last set of accounts published on the Charity Commission website.  Must have less than 12 months free reserves and delivering services for at least one year.  Must also have a robust safeguarding policy.

www.lloydsbankfoundation.org.uk/media/fgzh32fs/lbfew-grants-eligibility-criteria-2021.pdf

Grant amount: Unrestricted grants of £50,000 over two years. Expecting to award 190 charities (probably 14 per regional area). 

The Foundation has ringfenced 25% of its funding to charities led by, and which support, minoritised and racialised communities. .

Application process: Online eligibility quiz and those who are eligible will be directed to the application form.  Applications once received will be checked by a grants officer, if eligible, you can expect a call from the regional manager to have a discussion and to arrange a meeting.

Deadline: There is no closing date for applications. When they receive your application they'll aim to give you a decision within four months.

Contact information: Tel 0370 411 1223, Email enquiries@lloydsbankfoundation.org.uk

Website address: lloydsbankfoundation.org.uk

NOTES: Learn more about the fund, the Racial Equity funding stream, application process and eligibility for core funding in this webinar with the Grants TeamCore funding webinar and Q&A

Applicants: 
Organisations
Amount: 
over £25,000
Status: 
Live
Structure: 
Charitable Company
CIO
Registered Charity
Funding Theme: 
BAME