MAXIMISING YOUR HERITAGE LOTTERY FUNDING POTENTIAL

Funding from the Heritage Lottery Fund can easily herald a very vibrant future for many not-for profit organisations. It can supply considerable funding for a structured capital project - or an award for a matched-giving endowment, aimed at building additional philanthropic support and a much more sustainable financial future. Where so many organisations lose out, no matter how beneficial their heritage endeavour, remains in selecting the wrong grant programme or failing to look for professional assistance when making their application. There are lots of HLF plans to select from, with differing degrees of grant readily available. Here is an at-a-glance overview of the several of the new HLF programmes, readily available to organisations in the UK, that have lately been released. This blog charity consultancy offers quite a bit more info on the topic of charity consultancy.Heritage Lottery Funding Resilient Heritage These grants are offered to organisations that wish to improve their operations with the advancement of brand-new skills and expertise, or fresh models of administration, management, business and income. Grants vary between £ 3,000 and £ 250,000 and are granted to a wide range of projects intended to improve organisational resilience. Heritage Endowments These are designed to match-fund the generation or advancement of an endowment fund that will provide a long lasting source of financial support. Applicants can go with a specified sum of £ 250,000, £ 500,000 or £ 1 million, to be matched pound for pound by non-public donations. Along with the match funding element, as much as 10% of the grant can be used to resource projects. So, if you were making an application for £ 250,000 in match funding you might apply for an additional sum of as much as £ 25,000 to sustain the expected costs of running a specialised fundraising campaign. Kick The Dust This is a £ 10 million grants plan for ambitious and ingenious undertakings that intend to transform how heritage organisations engage with youngsters. Applications are invited from consortium's of 3 or more organisations, at least one of which should demonstrate a reputable performance history of collaborating with young people. Successful bids will get amounts ranging from £ 500,000 to £ 1 million, for projects that make heritage a lot more appropriate, vibrant and enduring for a greater diversity of young people. Gifted Philanthropy's team of consultants are among the most experienced in their niche when it comes partnering clients in preparing effective HLF applications. Our recent workshops on guiding not-for profits with the HLF procedure were extremely well received and provided delegates with the know-how they required to take the next steps. If you're also considering making a heritage grant application and wish to attend one of our workshops or simply talk through the options.