Sutherland charities urged to apply for Bank of Scotland fund support
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The Bank of Scotland Foundation is encouraging charities supporting vulnerable people to apply to a new multi-year grant programme.
The programme, entitled Empower, opens to applications from noon on Monday.
It is the first programme to be launched from the Foundation's new five-year strategy, 'Building a Brighter Future for Scotland', and offers charities who support vulnerable people a three-year unrestricted grant of £150,000 (£50,000 per year).
Donald MacKechnie, chairman of the Bank of Scotland Foundation, said: "The impact of the cost of living crisis on quality of life is profound, with a particularly devastating impact on vulnerable people who are more susceptible to experiencing harm, discrimination, or disadvantage.
"Our new Empower programme offers real security and certainty for charities, enabling them to focus on improving the quality of life for some of Scotland's most vulnerable people.”
Funding can be used towards core costs, delivery costs, project costs and/or general running costs.
To be eligible charities must:
- have a minimum of three years accounts lodged and checked at OSCR
- have an annual income of between £150,000-£500,000 per year
- operate in Scotland
Mr MacKechnie added: “In addition to funding, we are excited to be collaborating with our sole funder, Lloyds Banking Group, to identify opportunities to add value for funded charities.
"The group’s colleagues across Scotland are ready to offer strategic support, mentoring skills and volunteering time to help charities grow stronger and thrive beyond the lifetime of their grant.”
The deadline for applications is noon on Thursday, February 15.
Applications must be submitted online through the Foundation's website www.bankofscotlandfoundation.org
