Deadline: 25-Aug-23
The Suffolk Community Foundation has launched the Suffolk Giving Fund and Private Funds to support charities, voluntary or community groups and organisations which are charitable in purpose and are working to help relieve disadvantage and deprivation across Suffolk.
They seek to support genuinely good ideas that will make a real difference to the lives of local people. The Foundation supports core running costs, new or continuing projects, one-off initiatives, and capital costs. They seek to achieve an equitable distribution of resources across the county.
Aims
The aim of the grant-making is to:
- Promote health and wellbeing
- Tackle disadvantage
- Support local solutions to meet local needs
- Promote community cohesion
- Develop sustainable and supportive communities
Funding Information
- Grants of up to £2,000 for charitable, voluntary and community groups that are addressing need within Suffolk.
Eligibility Criteria
- Grants available for charitable, voluntary and community groups that are addressing need within Suffolk. Priority may be given to applications from grassroots and community organisations.
- The fund will accept applications for both core costs and project costs.
- Your organisation should have a constitution/governing document/Articles of Association/set of rules to apply for funding and a management committee with a minimum of three independent members. This document will typically show: –
- The charitable aims of your organisation
- The organisation’s powers
- Who can become a member
- How the management committee and officers are elected and their terms of office
- The roles of the different officers of the group (e.g. Treasurer, Chair, Secretary)
- How frequently the management committee meets
- The arrangements for an Annual General Meeting
- How finances are managed
- How any amendments can be made to the group’s constitution
- Your constitution must also include a Dissolution Clause i.e. what happens to the group’s assets if it ceases to operate. This clause should state that any assets remaining after the settlement of debts will be transferred to an organisation with similar charitable purposes, and not distributed among members. Articles of Association for CICs must contain a named Asset Lock.
- If your organisation is a Community Interest Company (CIC) or a Company Limited by Guarantee/Company Limited by Shares with charitable aims and objectives, there must be:
- At least 3 unrelated officers, living at different addresses, registered with Companies House
- Equal voting rights/shares for all registered officers
- No “Person(s) with Significant Control” over the company registered with Companies House
- If your company is Limited by Shares, your Articles of Association must clearly show that dividends (or other profit-sharing schemes) are not paid to shareholders, and that all profits are reinvested in the company.
For more information, visit Suffolk Community Foundation.