A grant from the Heritage Lottery Fund can easily herald a really bright future for many not-for profit organisations. It can provide considerable funding for a structured capital undertaking - or an award for a matched-giving endowment, aimed at building further philanthropic support and a more sustainable financial future. Where so many organisations lose, no matter how beneficial their heritage undertaking, is in choosing the inappropriate grant programme or failing to look for professional advice when making their application. For everybody who is looking into more data in regards to fundraising professionals this particular page prospect research features a whole lot more well written articles focused on major giving consultants.
There are many HLF plans to choose from, with varying levels of grant offered. Here is an at-a-glance guide to the some of the brand-new HLF programmes, available to organisations in the United Kingdom, that have recently been introduced.
Heritage Lottery Funding Resilient Heritage
These grants are available to organisations that want to improve their operations with the development of new skills and knowledge, or fresh models of administration, leadership, business and income. Grants range between Â£ 3,000 and Â£ 250,000 and are awarded to a large range of initiatives created to enhance organisational resilience.
These are meant to match-fund the generation or advancement of an endowment fund that will offer a lasting source of financial backing. Candidates can choose a specified sum 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, as much as 10% of the grant may be made use of to resource projects. So, if you were making an application for Â£ 250,000 in match funding you might make an application for an additional amount of up to Â£ 25,000 to sustain the anticipated costs of running a dedicated fundraising campaign.
Kick The Dust
This would be a Â£ 10 million grants programme for enthusiastic and innovative initiatives that aim to transform how heritage organisations interact with youngsters. Applications are invited from consortiums of 3 or more organisations, at least one of which must show a reputable track record of working with youngsters. Successful proposals will obtain amounts ranging from Â£ 500,000 to Â£ 1million, for undertakings that make heritage a lot more relevant, vibrant and enduring for a greater diversity of youngsters.
Gifted Philanthropy’s group of advisers are amongst the most experienced in their niche when it comes partnering clients in arranging effective HLF applications. Our current workshops on guiding not-for profits with the HLF process were extremely well received and supplied delegates with the knowledge they needed to take the next steps. In case you are also thinking about making a heritage grant application and would love to go to one of our workshops or simply talk through the options.