The Santander Foundation has announced that charities can apply for a grant of up to £10,000 to help disadvantaged people in the UK from two new funding schemes Learn & Grow and Money Skills.
All funding is for one year and can be for capital or revenue expenditure. Capital funding is used to buy tangible items such as equipment or training materials. Revenue funding will pay for project costs such as sessional worker fees, salaries, room hire or other costs incurred in the delivery of the charitable priorities.
The Foundations want to fund an entire element rather than make a contribution to a larger budget. One example would be to fund all of the training materials. Another could be to fund the two days per week that a sessional worker spends working with disadvantaged people in a particular area.
The Foundations can only award grants to organisations with charitable status for their work within the UK. This includes registered, exempt and excepted charities, charitable Industrial & Provident societies and credit unions registered as Industrial & Provident societies. Applications can be submitted at any time.