Further Frequently Asked Questions
What are the terms and conditions and what will you ask from us if we receive a grant?
These will be outlined by letter if you are offered a grant. Sometimes additional conditions will be added to take account of a particular aspect of a grant.
Will you need our accounts?
Yes, we ask all organisations applying for grants to provide a full set of accounts.
What do you ask in terms of monitoring and evaluation?
The Trust has a monitoring and evaluation policy that includes grant recipients completing a progress report at the end of each year of funding.
Will you come and visit us?
We don't have the resources to visit all organisations that apply to us, or that receive a grant from us. We do visit some projects to find out how the work is going, what is being achieved and any lessons resulting from it. We will contact you if we would like to visit your work.
What do I need to do if I don't have an annual income and expenditure budget?
If you are applying to us for funding for a project which is your only work in the financial year (and you have no other core costs) then we just need the budget for that project. If it is one of a number of projects you will be doing in a financial year, but you have no other core costs then we will need to see a summary of all the budgets.
If I am a new organisation and don't yet have a full set of accounts, what do I need to submit?
If your organisation is new and has no financial history (i.e. this is your first project or first year of activity) you do not need to send any additional financial information. If your organisation does not have accounts but has a financial history (even if you are less than a year old or have only completed one project) then you should send the final budget figures either for the first year of your work, or the most recent projects.
My project may generate income, do you have advice on writing a business plan?
If you are applying for a social investment loan, we will need to comply with specific criteria and we would ask you to contact us to discuss this in more detail. You will be required to provide a business plan and we will ask for your project to be independently assessed.