Philip Grant

Any charity with an annual income of between £100,000 and £1m who has projects addressing financial vulnerability, is eligible to apply.

Charities can apply for core cost funding, and / or project cost funding, of between £20,000 and £40,000 per year for between 2 and 5 years. For example, this could be towards:

• Traditional financial support services provided by Citizen’s Advice Bureau’s and Money Advice Centres.
• Projects to improve financial literacy for people who are living on low incomes and /or requiring debt management support.
• Financial awareness and money advice services for people with illnesses and long-term conditions (including Mental Health) and their families.
• More tailored financial advice targeted towards vulnerable groups within their communities.
• Support for issues around fuel and/or food poverty and/or budgeting and maximising income to ensure people are not at risk of homelessness.

Charities have until 12 noon Thursday 1 April 2021 to submit applications through the Foundation’s website.

Philip Grant, chair of the Foundation’s Board of Trustees and Chair of the Scottish Executive Committee, Lloyds Banking Group, said: “We are delighted to launch Invest for a second year with the new theme of Financial Vulnerability for 2021.

“Our multi-year funding provides charities with long term security and will help them to address the financial challenges that many people are facing across Scotland right now.”