How much is available?
Applicants can apply for up to three years funding of up to £30,000 per year - a total of £90,000.
What will it pay for?
Project proposals must demonstrate how they will support people in: severe financial hardship; who are financially excluded; and who are hard to reach. Projects should aim to: increase their financial literacy; save them money; reduce their debt, and maximise their income.
One area the trust is specifically interested in is helping 17- to 24-years-olds.
Applications will only be accepted from formally constituted organisations. The application does not have to come from a registered charity but the trust can only support work that is legally defined as charitable, for example, work that is for the public benefit and falls into the categories described by the Charity Commission.
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