What will we ask for if you receive a grant?
We carry out grant monitoring on all our grants and will provide full details when we approve the grant, but this is a summary of the process:
One year grants
All charities are required to submit a Grant Report about how they used the funding within six months of the end of the grant so that they are be eligible for future funding. The Grant Report asks for a breakdown of how you spent the grant against your planned budget.
Two or three year grants
All charities are required to submit a Grant Report for each year of their grant. The Grant Report is due one month before the end of the each funding year so that we can release funding for the following year. The Grant Report asks for a breakdown of how you spent the grant against your planned budget.
Do I have to spend the grant within a certain time?
We appreciate that there is sometimes a delay between receiving a grant and being able to start spending the money – it can, for example, take time to recruit a member of staff or raise the additional funding to start a project. We would normally ask you to start spending the money in the twelve months after you have received a grant. If it is going to be longer than this please tell us as soon as possible, and let us know the reasons for the delay.
How long is it before we can re-apply to the Foundation?If your application is successful you will not be eligible to apply for more support from the Community programme until two years after you receive the grant – or two years after you receive the final payment if it was two or three-year funding.
If your application is unsuccessful, you must wait for a year before you apply again.
What happens if we receive the funding from another source, for the same purpose?
When we assess your application we are looking both at your organisation and the specific project you are applying for. So, if the purpose of your grant has changed we may still be willing to support your organisation.
We will require a letter explaining what you plan to do with the funds. We will make a decision on this basis – but you may have to return any funds received to us.
What if I have a complaint?
If you have concerns about our application process, please do not hesitate to let us know. We will do our best to resolve any complaints or concerns informally, reasonably and as quickly as possible. In the first instance, please contact our Chief Executive by letter/e-mail:
The Chief Executive
Lloyds TSB Foundation for England and Wales
Pentagon House
52-54 Southwark Street
London
SE1 1UN
Tel: 0870 411 1223
E-mail: Enquiries@lloydstsbfoundations.org.uk
Further questions?
Please click here if you have any further questions or comments about our work.
