Aims/priorities: The Money Saving Expert (MSE) Charity was established as a registered charity in October 2007. The Charity is designed to try and break the cycle of debt. The Charity aims to fight financial and consumer illiteracy and is dedicated to educating and informing adults and children about consumer and debt issues.
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.
In response to the Cost of Living Crisis, the September 2022 round is being brought forward to June 2022.
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 £750,000.
- 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: Applications will open on 20 June 2022 and close on 22 July 2022 (or when 40 applications have been accepted).
Contact information: Email: info@msecharity.com
Website: Home (msecharity.com)