What we fund

We receive many more applications than we are able to fund. We usually only support work which most closely measures up to our published priorities and delivers our intended outcomes.

Our vision is for London to be a city where all individuals and communities can thrive.

Our mission is to and foster more cohesive communities, by using all our resources, monetary and otherwise, in pursuit of a London that works for everyone.

It follows that we believe that we must live by our values which are:

  • Inclusion and representation
  • Care for the environment
  • Early action
  • Collaborative working with Londoners, communities and all sectors
  • Being adaptive, creative and purposeful.

Our assessment of your funding proposal will include an assessment of how your organisation lives these values and you should bear this in mind when drafting your proposal.

Our three key funding programmes are:

Each of these programmes is cross-cut by our two over-arching priorities of Reducing Inequalities and Enabling Voice & Representation.  You will need to demonstrate how your proposal sits within one of the funding programmes and how it will:

  • Reduce inequality (especially the additional prejudices that those experiencing inequality can face, such as people who are LGBTQI experiencing mental health issues being less able to access the right services and support).
  • Enable voice and representation for people who are disadvantaged.

We recognise that individuals and communities can face multiple and intersecting forms of discrimination and may self-identify differently in different contexts.   We particularly welcome applications that understand and tackle multiple causes and consequences of discrimination and offer appropriate, specialist responses.

Our intention is to learn from this strategy and the work we are funding.  We have appointed a learning partner Renaisi to work alongside us for the duration of the strategy, and where appropriate, we will adapt the strategy and funding programmes to reflect our learning and London’s changing needs.

 

How much will we fund?

  • We have no minimum or maximum revenue grant on our main Bridging Divides programmes. Our Connecting the Capital programme includes a Small Grants scheme for which the maximum grant is £10,000.
  • A grant from the Trust cannot amount to more than 50% of an organisation’s turnover / income in any one year.
  • Requests for salary costs: it is the Trust’s usual practice to award salary costs at a level of no more than one full-time equivalent post.
  • Capital grants for access improvements will be for a maximum amount of £100,000 and will only be considered for improvements to existing community buildings (ie not new-build developments).

 

Track Record

Usually, organisations are expected to have a demonstrable track record in the work they do, and be able to provide audited/examined accounts for at least one year which comply with the relevant regulatory body.

 

What type of grants do we give?

We give grants for either running (revenue) costs or capital costs (not both). Revenue grants can be for up to five years and applications for core funding are encouraged.

Grants of up to £5,000 may be awarded for disability access audits and disability equalities training or consultancy to help organisations obtain the best advice to develop their proposed projects. Organisations can also request a free eco-audit.

Grants will not usually be given to:

  • work where there is statutory responsibility to provide funding;
  • organisations seeking funding to directly replace cuts by statutory bodies, except where that funding was explicitly time-limited and for a discretionary purpose;
  • organisations seeking funding to top up on under-priced contracts;
  • work where there is significant public funding available, including funding from sports governing bodies.
  • residential care services or facilities
  • work in schools

Organisations can usually only hold one grant at a time. Exceptions may include the following:

  • where one of the grants is an access audit or eco audit
  • an application is made under one of the Trust’s special one-off programmes
  • You are receiving or seeking funds through one of the Trust’s Strategic Initiatives

If you are unsure, please contact the Trust.

 

London Living Wage

City Bridge Trust is recognised as a Living Wage Friendly Funder. Any grant awarded by the Trust towards all or part of a post must be paid the Living Wage as minimum. We encourage all organisations we support to pay the London Living Wage as a minimum to all its staff.

 

Applying for Core Cost funding

Core cost funding can be considered in relation to those element(s) of an organisation’s work which meet our priorities. For example, a community centre which has five projects of which only one meets our criteria can be considered for core costs in relation or proportional to that project.

Core cost funding will be tapered over the number of years offered in order to encourage the organisation to think and plan for replacement funding. Core cost funding in Year 1 will be at a maximum of 10% of an organisation’s annual turnover (as defined by their latest examined/audited accounts) up to a maximum of £50,000. Examples of taper are:

 

Year 1Year 2 Year 3Year 4Year 5
50,00045,00040,00030,00020,000
40,00035,00030,00022,00010,000
30,00025,00020,00010,0005,000

 

Core cost funding still has to be shown and treated as a restricted grant within an organisation’s accounting. This is because the amount awarded will be related to elements of work/projects which meet our criteria and which must only benefit Londoners.

 

Policy on reserves

We do not apply rigid criteria on what constitutes a reasonable level of unrestricted reserves. Applicants must justify their level of free unrestricted reserves in relation to their stated reserves policy and their obligations as set out in accordance with guidance issued by the Charity Commission or other regulatory body.

 

Timetable

The Grants Committee meets regularly and applications are accepted throughout the year. It usually takes about four months from receiving your complete application until a final decision is reached. Please take this into account when planning your project.

However, please note that those making applications in April/May 2018 may not get a decision before September as our priority is to clear those applications already received under the Investing in Londoners programme.