Types of funding
The Foundation will consider requests for capital or revenue funding, core funds or project costs. We support the principle of Full Cost Recovery (FCR). Further information on FCR can be obtained from bodies such as NPC and ACEVO.
Trustees both commission work within our stated areas of interest, as well as respond to new proposals for work.
The Foundation is willing to consider requests for loans, part-loans, underwriting, or other forms of financial support, in addition to grant funding.
Trustees also make direct investments in social enterprises within our charitable and programme objectives that generate financial as well as social returns. We are working toward a portfolio of social investments of up to 5% of our expendable endowment funds.
Monitoring and evaluation
Trustees believe monitoring the impact of its funds is of vital importance to judging the achievement of its own aims. The Foundation will work with those receiving Foundation support to determine the best and most appropriate method for collecting the required information. It is anticipated that projects where the principal outputs/outcomes are on specific beneficiaries, that evidence of engagement and impact on those groups will be collected.
Sharing our learning
The Foundation is committed to working with its grantees to maximise the impact of the work that it supports. This may include using the name, reputation, networks, and staff of the Foundation, as well as its financial resources, to disseminate learning and influence key audiences.