NPC Launches Funds for Charities Tackling Financial Hardship in the UK
One-off grants for small charities and other not-for-profit organisations that are supporting local communities in the UK who are facing financial hardship over the next six months.
New Philanthropy Capital (NPC) is providing two separate funds in the financial hardship sector, aiming to relieve and reduce financial hardship in the UK.
Organisations can apply to only one of the following funds:
- Panel A’s Fund offers grants of up to £15,000 to charities and community groups with a turnover of less than £100,000. The funding has a specific focus on supporting:
- Asylum seekers
- Young people
- Black, Asian and Minority Ethnic (BAME) communities
- Those with experience of domestic violence
- Single parent households
- Women and girls
- Panel B’s Fund offer grants of between £5,000 and £25,000 to charities and community groups with a turnover of less than £200,000. The funding has a specific focus on supporting:
- Young people
- Black, Asian and Minority Ethnic (BAME) communities
- Single parent households
- People with disabilities
- Asylum seekers and those with NRPF
There are no restrictions on how the funding can be used as long as the grants focus on financial hardship and are in response to the current cost of living crisis. Organisations can propose what they would like to do with the funding.
Only Panel A funding can be used to make cash grant to individuals, provided there is a robust system in place.
The deadline for all applications is 16 December 2022 (5pm).
(This report was the subject of a GRANTfinder Newsflash.)