Lloyds Bank Foundation launches Enable grants programme
21 April 2015
The Lloyds Bank Foundation has awarded £367,00 in deveopment grants to small and medium-sized charities. The Foundation’s ‘Enable’ programme was created to help organistaions who have been hit hard by cuts and changes to funding and commissioning. ‘Enable’ is funding a range of activities related to the development of charities with an income of under £1m, improving their resilience. This ranges across: business and service developments and plans; development of monitoring systems; investigation of mergers, partnerships, shared services, contract diversification; consultancy support; quality standards; development of new income streams and enterprise.
‘38% of charities we spoke to about the issues they face listed capacity and capability issues as the main challenges facing their organisation. Through the ‘Enable’ programme we are helping charities build strong foundations to be able to deliver services better and attract other funding. Through Enable we are helping organisations to not just survive in these tough times but to thrive for the longer term and we encourage more small charities to apply.’ Paul Streets, Chief Executive, Lloyds Bank Foundation
In addition to its Enable programme, the Lloyds Bank Foundation also funds core running costs for small and medium charities through its ‘Invest’ scheme, and provides ‘grants plus’ consultancy support and mentoring through its ‘Enhance’ initiative. In total the Foundation distributed a total value of £16.4m in 2014, to 553 charities.
For more information on the charities funded, or the funding programmes available visit www.lloydsbankfoundation.org.uk