Lloyd’s Bank Foundation Announces New Strategy 2022-26

The Foundation will work with small and local charities to tackle some of the most complex issues in society across England and Wales.

As part of its ongoing mission to address widespread systemic inequality, Lloyd’s Bank Foundation has released the details of its new strategy, ‘Building a Better Future’, formed around the following core objectives:

To support small and local charities making a real difference to people’s lives.
To support collaboration between charities and their partners to collaborate so they can strengthen communities and shape policies, structure and society.
To influence practice and policy locally, regionally and nationally to tackle the causes and consequences of complex issues and the barriers people face.
To work effectively and efficiently to maximise impact, resources, opportunity and power.

In terms of grant-making, the Foundation will continue its commitment to offering unrestricted funding where it will be most impactful, namely to charities which are:

Providing specialist support to people facing complex issues (50% of funding).
Led by, and working for Black, Asian and minority ethnic groups (25% of funding).
Led by, and working for, D/deaf and disabled people (25% of funding).

Three-year grants totalling up to £75,000 will be available, with organisations able to use this as they see best.

There will be a focus on transparency and accessibility in the application process, with plans to explore alternative ways charities can apply which may better suit their needs.

The full strategy can now be viewed on the Lloyd’s Bank Foundation England and Wales website.

Grant programmes are expected to open later on in the year.

Full details…