Aims/priorities: Funded by Money Saving Expert, the MSE Charity gives grants to UK not-for-profit organisations that deliver activities which make a lasting impact on how people think, behave and manage their money.
There are two rounds per year. Four themes rotate through a two year cycle.
- Raising the Next Generation
- Life Changing Transitions
- Living with Long Term Challenges
- Building and Developing Resilience.
The theme for the September 2021 grant round is ‘Life Changing Transitions’. Projects should assist groups who support bereavement, redundance, retirement, relationship breakdown, homelessness, offenders, and resettlement.
All applications must demonstrate how the project they are seeking funding for has a lasting impact on the people taking part.
There is particular interest in applications which use memorable, innovative, and or creative ways of delivering financial life skills which will make a lasting impact on the way people think, behave and manage their money.
Who can apply? Small to medium-sized non-profit organisations with a constitution can apply, including UK registered charities, community interest companies, social enterprises and credit unions.
To be eligible, applicants should:
- Have an annual income of less than £500,000.
- Have unrestricted reserves that are less than six months of their running costs.
Community interest companies and social enterprise organisations must have a governing document which shows the name, aim/purpose, objects of the group, including a dissolution clause - what happens if the group ceases to function. This clause should show that they are a not-for-profit group by confirming that any assets remaining after all debts are paid will be given to another voluntary group with similar aims. This document should also include details of their Trustees or management committee.
Grant amount: Grants of up to £7,500 are available.
The MSE Charity will consider full project cost recovery, but costs must only relate to the project itself and not the organisation's core funding.
Application process: A grant eligibility quiz, online application form, guidance notes and FAQs are available on the MSE Charity website. The application guidance document changes for each round and groups should make sure they have read it carefully before starting the application form.
Groups that wish to discuss their project should send an email to the Operations Manager.
Applications are only accepted electronically and only within the grant round dates.
Deadline: The next grant round, Life Changing Transitions opens at 9am on 1 September 2021 with a closing date of 30 September 2021 for a decision in November 2022.
Applications will close once the number of accepted applications reaches 40 or by the deadline, whichever is soonest. If the grant round closes early, the application form will NOT be accessible to complete. Applicants are encouraged to apply early and not wait to the deadline.
Contact Information: Email: info@msecharity.com
Website address: www.msecharity.com/