MSE Charity accepting Proposals for Raising the Next Generation in the UK

Deadline: 31-Jan-23

The MSE Charity is currently accepting proposals for the Raising the Next Generation.

The MSE Charity is dedicated to supporting UK voluntary groups deliver financial life skills, which make a lasting impact on the way people think, behave & manage their money.

Examples

• Specific:
  • To deliver crisis support, advocacy support and financial literacy training using CAB approved resources to Dementia Carers living in Birmingham and Solihull who are experiencing debt and money management issues.
  • To deliver financial skills and confidence building sessions to adults with learning disabilities living in Swindon. This will include one to one work and where relevant small group work.
• Achievable:
  • The outputs are based on numbers that can be supported using a 7 hour a week post and a volunteer.
  • Through experience of delivering project for adults with learning disabilities they know they can deliver 4 short courses over a year, based on the work of a 5 hour per week project co-ordinator post.
• Relevant:
  • Debt Advisory Agencies in Birmingham and Solihull have reported a 30% increase in enquiries in the last 6 months.
  • They work with a group of adults with learning disabilities to develop independence skills. This work does not cover financial capability, so there is a gap in what they offer. From the experience of working with this client group they know there is a need for a  personalised approach that enables and empowers individuals.
• Time Bound:
  • A one year funding period will enable them to make a positive impact on the financial literacy of people with mental illness. Due to health matters, family issues etc…they envisage some beneficiaries may need to start and stop their engagement with the project, and re-join the training sessions at a later date.
  • A one year funding period will enable them to make a positive impact on the information and training that professionals receive. They will be able to give an overview of the financial landscape at the time and give professionals information on reliable sources in the future.

Funding Information

• They have a limit of £7,500 per application.
• If the total cost of the project is over £7,500 please state which budget item/s you would like them to support.

Outcomes

• Outcomes are the changes, benefits, learning or other impacts that happen as a result of services and activities provided.
  • Project Outcomes
  • These relate to the impact on other work streams or the organisation’s capacity to provide evidence for future service delivery.
    • Examples
      • 10 Volunteers will report being more confident about helping with financial learning, and will have been upskilled to deliver services in the future.
      • 4 community partner organisations will report improved awareness of the financial needs of people with mental health issues.
  • Beneficiary Outcomes
  • These can be quantified by the number or percentage of beneficiaries you anticipate will realise some degree of change, benefit or impact.
    • Examples
      • 50 young people to immediately apply their learning in a practical way, as a result people will report self pride and  greater confidence about managing money.
      • 90% of attendants will be able to manage their food budgets more wisely.
      • 70% of people attending will demonstrate improved communication about financial matters.

Eligibility Criteria

• They can make grants to organisations which must be either a UK registered charity, community interest company, credit union or a not-for-profit company limited by guarantee or social enterprise company.
• Community interest companies and social enterprise organisations must have a governing document which shows the name, aim/purpose, objects of the group, including a dissolution clause (what happens if your group stops operating). This clause should show that you are a not-for-profit group by confirming that any assets remaining after all debts are paid will be given to another voluntary group with similar aims. This document should also include details of your Trustees or management committee.
• Each organisation must have a governing body of at least three unconnected individuals, and a bank account in the organisation’s name with at least two unconnected signatories required to authorise payments.
• Statutory organisations and ‘for profit’ companies are excluded from applying for funding.

For more information, visit MSE Charity.