Funding from the Heritage Lottery Fund can easily herald a very vibrant future for lots of not-for profit organisations. It could supply substantial funding for a structured capital project - or an award for a matched-giving endowment, focused on developing additional philanthropic support and a more sustainable financial future. Where many organisations lose, no matter how beneficial their heritage endeavour, is in choosing the wrong grant programme or failing to look for professional guidance when preparing their application.
There are lots of HLF programmes to select from, with differing degrees of grant readily available. Here is an at-a-glance overview of the some of the new HLF programmes, offered to organisations in the United Kingdom, that have recently been introduced. prospective research
Heritage Lottery Funding Resilient Heritage
These grants are readily available to organisations who desire to boost their operations with the growth of new skills and knowledge, or fresh models of governance, leadership, business and revenue. Grants vary between Â£ 3,000 and Â£ 250,000 and are awarded to a large range of projects intended to enhance organisational resilience.
These are meant to match-fund the creation or advancement of an endowment fund that will provide a long lasting source of financial backing. Applicants can select a specified amount of Â£ 250,000, Â£ 500,000 or Â£ 1 million, to be matched pound for pound by non-public contributions. As well as the match funding element, up to 10% of the grant can be made use of to resource projects. So, should you be looking for Â£ 250,000 in match funding you can apply for an additional sum of as much as Â£ 25,000 to sustain the expected expenses of running a dedicated fundraising campaign.
Kick The Dust
This would be a Â£ 10 million grants plan for enthusiastic and innovative undertakings that intend to transform how heritage organisations engage with young people. Applications are welcomed from consortiums of three or more organisations, at least one of which should show a credible track record of working with young people. Successful bids will receive amounts ranging from Â£ 500,000 to Â£ 1million, for projects that make heritage a lot more relevant, dynamic and enduring for a better diversity of young people.
Gifted Philanthropy's team of consultants are amongst the most experienced in their field when it comes partnering clients in preparing effective HLF applications. Our recent workshops on assisting not-for profits with the HLF procedure were very well received and provided delegates with the expertise they required to take the next steps. If you are also taking into consideration making a heritage grant application and wish to participate in one of our workshops or just talk through the options. Gifted Philanthropy is a site that has lots of up to date information on fundraising consultancy.