Deadline 2022/12/16 – Think NPC

The Open Philanthropy Funds are now open for applications. We are launching two separate funds in the financial hardship sector, aiming to relieve and reduce financial hardship in the UK. The deadline for applications is 5pm Friday 16th December 2022, and you can only apply to one.

 

The Tackling Financial Hardship Fund (A) is a one off funding cycle awarding £250,000 in grants to relieve and reduce financial hardship in the UK, with a specific focus on supporting:

Asylum seekers

Young people

Black, Asian and Minority Ethnic Communities

Those with experience of domestic violence

Single parent households

Women and girls

It will offer grants of up to £15,000 to charities and community groups (unregistered or registered) with a turnover of less than £100,000. Organisations whose turnover is above, but close to, this threshold can still apply, with an explanation of why they should be considered.

 

In the application, organisations can propose what they would do with the funding, which can include providing cash grants to individuals provided robust systems are in place. Individuals cannot apply for funding directly to this fund. Although grants must focus on financial hardship and your application needs to explain how you expect to spend the grant, you can change plans and redirect the funding as needed to respond to the crisis. You can do this without having to formally request changes or wait for approvals – time is of the essence, and we want to support you to use grants as needed locally.

 

Grants will be made only to organisations that are led or informed by representatives of the groups that it serves. Organisations can explain how they meet this criterion in applications.

 

The Tackling Financial Hardship Fund (B) is a one-off funding cycle awarding £125,000 in grants to relieve and reduce financial hardship in the UK, with a specific focus on supporting:

Young people

Black, Asian and Minority Ethnic communities

Single parent households

People with disabilities

Asylum seekers and those with NRPF

Grants between £5,000 and £25,000 will be offered to charities and community groups (unregistered or registered) with a turnover of less than £200,000.

 

Please note that this funding stream will not fund organisations looking to pass on a grant to individuals through this fund, or fund individuals directly. Although grants must focus on financial hardship and your application needs to explain how you expect to spend the grant, you can change plans and redirect the funding as needed to respond to the crisis. You can do this without having to formally request changes or wait for approvals – time is of the essence, and we want to support you to use grants as needed locally. If the core aim of the organisation is the relief of financial hardship then core costs will be accepted as a spending plan within your application.

 

Grants will be made only to organisations that are led or informed by representatives of the groups that it serves. Organisations can explain how they meet this criterion in applications.