Grants are available for charities, social enterprises, and private companies across the United Kingdom to support projects that seek to address systemic economic inequalities.
Fund Information
- Funding body:
- Friends Provident Foundation
- Maximum value:
- £ 200,000
- Application deadline:
- 05/10/2021
Background
Friends Provident Foundation is a registered charity founded in 2001 that aims to create a fair and sustainable economic system through grant-making and investment in local community assets.
Objectives of Fund
The aim of this fund is to support projects that seek to tackle the causes of economic disparity, such as inequality, poverty, or climate breakdown, and create an economy that works for everyone. Funding is available for projects that seek to address the structural problems of the current economic system.
Funding operates on two levels:
- Systems change – projects that involve a radical assessment of how ‘disruptive innovation’ might change the financial system, exploring and informing changes to the regulatory, policy or other systemic level that would develop financial system innovations.
- Local economies – smaller projects that focus on testing and reviewing small scale initiatives that support local economies through diversity, flexibility and building capacity in communities.
Value Notes
Grants of up to £200,000 are available
Who Can Apply
Applications will be accepted from charities, social enterprises, and private companies.
Restrictions
The following are not eligible for funding:
- Projects that do not address systemic change.
- Projects addressing issues related to COVID-19.
- Projects outside of the UK.
- Political partisan activity.
- Service delivery activities.
- Employability programmes.
Eligible Expenditure
Applicants should address the systemic causes of issues such as poverty, climate change, and inequality.
Priority will be given to projects that focus on the following criteria:
- Diversity, equity, and inclusion - Projects that will help to identify and address structural inequalities and discrimination relating to characteristics such as race, ethnicity, gender, disability, sexuality, class, and the interplay of these factors in people’s lives.
- A fair transition – Projects that seek to address the impact of rapid economic shifts and distribute the risks/benefits more equitably, such as the transition to a zero-carbon economy and the development of artificial intelligence.
Funding is to help create new ideas and create practical examples to be built on in other places, rather than for broadly rolling out pre-existing ones.
Funding can used to cover core costs for a project following a policy of total cost recovery.
Location
UK
How To Apply
The next deadline for applications is 5 October 2021 to be considered at a Trustee meeting in December 2021.
Guidance and an application form are available on the Friends Provident Foundation’s website.
Useful documents & links
Useful Links
Addresses and contacts
For further information on how to obtain this grant locally, please contact the following:
- Enquiries
Friends Provident Foundation
Blake House
18 Blake Street
York
YO1 8QG
Tel: 01904629675
Email: [email protected]