Funders are increasingly recognising the importance of promoting financial inclusion.
Transact supports its members by highlighting key financial inclusion funding opportunities and fundraising resources.
Funding
This page brings together some useful resources to support fundraising and highlights some funding opportunities - this is by no means an exhaustive list!
If you know of any others that should be included on this list, please let us know at transact@toynbeehall.org.uk
Known financial Inclusion funds - click here to view an up-to-date lis of funders with a stated interest in financial inclusion.
Funding for Organisations
Two national small grants programmes for smaller community organisations offer grants for a wide range of community projects that can be used for most costs (capital or revenue):
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Awards for All is a Big Lottery scheme offering up to £5,000 (Wales) or £10,000 (rest of UK). It is aimed at smaller organisations and is administered slightly differently in England, Scotland, Wales and Northern Ireland.
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Community First is an £80m government-funded initiative that will run for four years, until March 2015. There are two starnds: a £30m Neighbourhood Matched Fund programme for some of the most deprived areas in the country and a national £50m Endowment Match Challenge.
Specific financial inclusion projects may also be able to access funding under other criteria. Many funders prioritise social justice or poverty relief in general, work supporting a specific group of people (eg young people/ BME groups) or work which takes place in a particular local area.
You can search for grant making organisations for free at Funding Central or at TrustFunding(subscription only). Local authorities often list funders who prioritise the local area on their website.
Funding is key for any organisation and there are a number of sources of help and advice on fundraising. Your local voluntary sector infrastructure organisation or CVS may be able to offer more personalised support; find your local CVS on the NAVCA website. Funding Central also offers comprehensive advice for funders
How 2 Fundraise is a free online resource from the Institute of Fundraising. It gives a range of advice and tips on raising money depending on the amount and purpose you need it for.
The Institute of Fundraising runs training and provide good practice information for fundraisers. It also has a directory of fundraising consultants.
Third Sector gives the latest news and events on fundraising.
NCVO's Sustainble Funding project gives information on developing an income strategy, looking at and beyond traditional fundraising.
Funding for Individuals
There are many charitable trusts who give grants to individuals suffering financial hardship. They often use specific criteria to determine who they support, such as a person's past occupation, local area or age.
Turn2Us provides a website which finds grants or benefits available to an individual based on their circumstances.