A grant from the Heritage Lottery Fund can easily herald a very bright future for many not-for profit organisations. It can provide significant funding for a structured capital undertaking - or an award for a matched-giving endowment, aimed at building additional philanthropic support and a much more sustainable financial future. Where so many organisations lose, no matter how worthwhile their heritage venture, remains in choosing the wrong grant programme or failing to seek expert advice when making their application.
There are many HLF plans to select from, with differing levels of grant readily available. Right here is an at-a-glance overview of the some of the new HLF programmes, available to organisations in the United Kingdom, that have recently been introduced.
Heritage Lottery Funding Resilient Heritage
These grants are readily available to organisations that intend to boost their operations with the advancement of new skills and knowledge, or fresh models of administration, management, business and revenue. Grants range between Â£ 3,000 and Â£ 250,000 and are granted to a wide variety of projects created to improve organisational resilience.
These are intended to match-fund the creation or development of an endowment fund that can offer a long lasting source of financial support. Applicants can choose a specified amount of Â£ 250,000, Â£ 500,000 or Â£ 1 million, to be matched pound for pound by non-public donations. Along with the match funding element, up to 10% of the grant could be made use of to resource projects. So, if you were making an application for Â£ 250,000 in match funding you can apply for an additional sum of up to Â£ 25,000 to support the anticipated expenses of running a specialized fundraising campaign.
Kick The Dust
This would be a Â£ 10 million grants plan for ambitious and innovative initiatives that intend to change how heritage organisations engage with youngsters. Application submissions are welcomed from consortiums of three or more organisations, at least one of which have to demonstrate a trustworthy track record of collaborating with young people. Successful bids will receive amounts ranging from Â£ 500,000 to Â£ 1million, for undertakings that make heritage more appropriate, dynamic and enduring for a better diversity of youngsters.
Talented Philanthropy's team of consultants are among the most skilled in their field in regards partnering clients in preparing effective HLF applications. Our recent workshops on guiding not-for profits with the HLF process were very well received and provided delegates with the expertise they needed to take the next steps. In case you are also taking into consideration making a heritage grant application and want to participate in one of our workshops or simply talk through the options. Go here for further information www.giftedphilanthropy.com.