A grant from the Heritage Lottery Fund can easily herald a very bright future for lots of not-for profit organisations. It can supply considerable funding for a planned capital undertaking – or an award for a matched-giving endowment, aimed at building further philanthropic support and a more sustainable financial future. Where so many organisations lose, regardless of how worthwhile their heritage endeavour, is in choosing the wrong grant programme or failing to look for professional assistance when preparing their application.
There are lots of HLF plans to choose from, with differing degrees of grant available. Here is an at-a-glance guide to the several of the brand-new HLF programmes, readily available to organisations in the UK, that have recently been released. There are hundreds of thousands of sites with advice on the subject of ‘charity consultants’ this could be one of the best ones www.giftedphilanthropy.com
Heritage Lottery Funding Resilient Heritage
These grants are offered to organisations who want to enhance their operations with the advancement of new skills and knowledge, or fresh models of administration, leadership, business and income. Grants range between £ 3,000 and £ 250,000 and are granted to a wide variety of initiatives intended to enhance organisational resilience.
These are meant to match-fund the generation or development of an endowment fund that will offer a long lasting source of financial backing. Applicants can choose a specified amount of £ 250,000, £ 500,000 or £ 1 million, to be matched pound for pound by private contributions. As well as the match funding element, as much as 10% of the grant could be made use of to resource campaigns. So, should you be making an application for £ 250,000 in match funding you could apply for an additional sum of up to £ 25,000 to support the expected expenses of running a specialised fundraising campaign.
Kick The Dirt
This is a £ 10 million grants plan for enthusiastic and innovative undertakings that intend to change how heritage organisations engage with youngsters. Application submissions are welcomed from consortium’s of 3 or more organisations, at least one of which must demonstrate a trustworthy performance history of collaborating with youngsters. Successful bids will get amounts ranging from £ 500,000 to £ 1 million, for undertakings that make heritage a lot more relevant, dynamic and enduring for a greater diversity of youngsters.
Gifted Philanthropy’s team of consultants are amongst the most experienced in their niche when it comes partnering clients in preparing successful HLF applications. Our current workshops on guiding not-for profits through the HLF process were very well received and supplied delegates with the know-how they needed to take the next steps. If you are also considering making a heritage grant application and wish to go to one of our workshops or simply talk through the options.