Hampshire & Isle of Wight Community Foundation (HIWCF) is proud to be working with Moneybarn on a new grants initiative. As part of Moneybarn’s commitment to Havant, Gosport and Fareham, we are delighted to announce the launch of a new grants programme – the Moneybarn Social Impact Fund which aims to support social inclusion. The programme will initially run during 2017 and will invest in activities that seek to alleviate the underlying problems that prevent social inclusion and enjoyment of a full modern life including debt advice and debt management. The Fund will distribute £40,000 in grants, of between £1,000 and £5,000.
The Fund will focus primarily on making small to medium sized grants, subject to a minimum of £1,000 and a maximum of £5,000 grant per successful application. Whilst the grant can be used to part-fund a wide range of activities, we like to see the impact our support is having. Accordingly, we prefer for our grant to equal at least 50% of the total cost of the activity or project within the criteria specified below. Only one application per organisation can be considered per funding round.
Grants available for the following purposes:
Groups projects should meet one of the following themes:
- Improving people’s personal finance capabilities (debt and financial advice/education)
- Debt advice and debt management
- Improving physical and/or mental health
- Providing support which enhances, creates and sustains positive family relationships
- Addressing issues of low educational attainment and improving learning outcomes (through out of school activities)
- Providing people with opportunities to reduce inequality, exclusion and disadvantage, including projects which increase access to employment.
Any opportunities for Moneybarn employees to volunteer with an applicant community group should be identified in the application process however, this shall not be dependent on or tied into funding success.
Community groups, charities, social enterprises or other charitable organisations from the voluntary sector that:
Have a constitution or other relevant governance document
- Have a management committee/board of directors/trustees of at least three unrelated people
- Have a bank account under the name of the group with at least two unrelated signatories
- Provide a signed copy of your organisations most recent bank statement
- Are based in and supporting people living in the Havant, Gosport or Fareham
- Have an income of £250,000 or under in the most recent financial year.
Organisations applying to the Fund for grants must be based in and supporting people living within the Havant, Gosport or Fareham Boroughs (geographical boundaries are defined by postcode). Priority will be given to small, community organisations in areas of social, financial and welfare disadvantage.
Acceptable Project Examples
The grants panel will look to fund projects and activities that are addressing need identified through consultation and/or engagement with potential beneficiaries and have a clear focus on the positive results they plan to achieve. Projects need to be inclusive of people in the locality regardless of their background, offer wider benefit and be cost effective.
Grants will not be awarded to:
- Groups NOT based AND active in Havant, Gosport or Fareham
- Commercial organisations
- Sponsorship (including sports kit) or marketing appeals
- Individuals – including students
- Food banks
- Mainstream activities and statutory requirements of hospitals and medical centres (including NHS Trusts), universities and colleges
- Establishment/preservation of endowment/welfare funds
- Organisations that redistribute funding for subsequent grant-making to other organisations and/or individuals
- Expeditions or overseas travel
- Single religious or ethnic groups – we don’t support organisations who are promoting their own values. We would however consider supporting the activities of such organisations if they are aimed at supporting the wider community in accordance with these guidelines
- Political or military groups or activities – although we would consider supporting organisations who support veterans in accordance with these guidelines
- Capital appeals for building projects, e.g. for rebuilding a community centre, heritage centres, visitor centres, museums, theatres or places of worship
- Historic restoration/historic publications
- Overseas organisations – this is about supporting our local communities
- Projects currently in receipt of funding through Moneybarn or Provident Financial Group
- Organisations that have income over £250k in the most recent financial year
- Organisations whose Objects are for the sole benefit or relief of plants or animals
- National charities
We expect this programme to be highly oversubscribed so we strongly recommend you also seek alternative sources of funding for your project to avoid disappointment. We strongly suggest you submit your application at your earliest opportunity. Incomplete applications won’t be considered.