Sources of funding for charities in response to COVID-19
Organisations have begun launching new sources of funding to provide charities with the support they desperately need during the COVID-19 outbreak. Other sources of funding that may have already been in place has, in many cases, been diverted to help the support COVID-19 crisis.
Sources of Funding
Charities Aid Foundation (CAF): Coronavirus Emergency Fund
CAF has launched a rapid response fund to help smaller charitable organisations affected by the impact of COVID-19. Grants of up to £10,000 will help charities to continue to deliver much needed support to communities across the UK.
This is intended as a rapid response fund, and they aim to make payments to selected organisations within 14 days of application.
They anticipate high numbers of applicants.
John Lewis Partnership: Community Support Fund
A £1m Community Support Fund will be available to communities across the UK to help those in need in their local communities.
Teams in each shop will work together with their communities to choose the best way to use the fund. Help could include setting up additional local delivery services to support the self-isolating, the vulnerable, the elderly and those looking after them; delivering boxes of staples to local care homes and community groups, and donating products to create care packages for customers to share with vulnerable neighbours.
Help Musicians (UK): Coronavirus Financial Hardship Fund
The £5million pound Coronavirus Financial Hardship fund has been created to alleviate some of the immediate financial pressures that many professional musicians are currently facing with regard to their mounting household expenses. Eligible musicians can apply for a one-off payment of £500 if they are suffering significant financial hardship.
National lottery: Community Fund
All the funding decisions the National Lottery Community Fund make for the next six months (up to £300m of National Lottery funding) will be devoted to addressing the COVID-19 crisis.
They will aim to accelerate the cash part of this funding. To reach those groups best placed to support their communities at this vital time, they will prioritise the following faster payments for existing grant holders and applicants using the following criteria:
- Activities specifically geared to supporting communities through this crisis
- Helping organisations overcome any liquidity issues caused by COVID-19.
This new fund aims to help community sport and physical activity organisations who are experiencing short term financial hardship or the ceasing of operations due to the ongoing coronavirus crisis. Awards will be between £300 and £10,000. In exceptional circumstances Sport England will consider awards of more than £10,000.
UFI Charitable Trust (UK): VocTech Now (To assist Vocational Training Providers to Digital Training)
VocTech Now provides grants of between £10,000 and £25,000 to support vocational learning providers to rapidly transition to remote teaching and training and deliver accessible learning at a time of significant change. The aim of the fund is to enable those in work or training to continue to engage with their vocational learning programmes during this period of travel disruption.