Grants of up to £5000 are available from the Heart of Experian Charity Fund who provide funding to assist small groups and organisations that are often not heard to work at a grassroots level, and help them become sustainable.

Eligible projects must:

  • Make the applicant’s organisation or project more sustainable;
  • Relate to financial inclusion, financial education, entrepreneurship or developing skills useful in business;
  • Have a long-term benefit for the community;
  • Have a clear approach or strategy for attracting future funding or otherwise ensuring the continuation of the project;
  • Demonstrate that they have a project manager with appropriate experience to be able to successfully deliver the project; and
  • Have not received funding from the Charity Fund in the past 12 months.

The small independent charity, which was founded in 2014, is still building up its grant-making. In its first recorded year of operation (year ending 31st March 2016), its grants and donations totalled just £37,688. Priority is given to applicants that have already secured match funding.

Eligible applicants must have:

  • A gross annual income of £500,000 or less in the most recent full financial year;
  • A written constitution and a management committee;
  • A bank account in the group’s name;
  • Accounts available to view on the Charity Commission website (or include a copy when submitting an application);
  • Unrestricted reserves that are less than six months’ running costs; and
  • A charitable project which requires funding of £5,000 or less and benefits the local community.

Grants are not available for:

  • National charities;
  • Supporting individuals; or
  • Salary costs (unless the applicant has a clear strategy for the position’s future sustainability).

Applications may be submitted at any time and are reviewed by the charity on a quarterly basis.

Further information and an application form are available on the Heart of Experian Charity Fund’s website.