Funding from the Heritage Lottery Fund can herald a really vibrant future for lots of not-for profit organisations. It can provide significant funding for a planned capital project – or an award for the matched-giving endowment, aimed at building further philanthropic support and a much more sustainable financial future. Where a lot of organisations lose, no matter how beneficial their heritage endeavour, is in selecting the inappropriate grant programme or failing to seek professional advice when preparing their application.
There are many HLF programmes to choose from, with varying levels of grant available. Here is an at-a-glance guide to the several of the new HLF programmes, available to organisations in the UK, that have recently been introduced.
Heritage Lottery Funding Resilient Heritage
These grants are offered to organisations that want to boost their operations with the development of new skills and knowledge, or fresh models of governance, management, business and revenue. Grants vary between £ 3,000 and £ 250,000 and are awarded to a wide variety of projects intended to boost organisational resilience.
These are intended to match-fund the generation or advancement of an endowment fund that will offer a lasting source of financial backing. Applicants can choose a specified sum of £ 250,000,
£ 500,000 or £ 1 million, to be matched pound for pound by non-public contributions. As well as the match funding element, as much as 10% of the grant could be used to resource campaigns. So, if you were looking for £ 250,000 in match funding you can apply for an additional amount of up to £ 25,000 to support the anticipated expenses of running a specialised fundraising campaign.
Kick The Dirt
This would be a £ 10 million grants plan for ambitious and ingenious projects that intend to change how heritage organisations engage with young people. Application submissions are welcomed from consortium’s of three or more organisations, at least one of which must show a trustworthy performance history of dealing with youngsters. Successful bids will get amounts ranging from £ 500,000 to £ 1 million, for projects that make heritage more relevant, vibrant and enduring for a better diversity of young people. There are a lot fundraising professionals blogs in the UK, if you are searching for additional information or perhaps prices this website is a popular starting place www.giftedphilanthropy.com.
Gifted Philanthropy’s team of advisers are among the most knowledgeable in their field in regards partnering clients in preparing successful HLF applications. Our recent workshops on assisting not-for profits with the HLF process were extremely well received and supplied delegates with the knowledge they required to take the next steps. If you’re also considering making a heritage grant application and would love to attend one of our workshops or just talk through the options.