Change

Bank of Scotland Foundation recognises the significant impact that the cost of living crisis is having on people across Scotland. To ensure our funding can reach those in real need, the Change grants programme for 2022 will have a strong focus on helping charities address the crisis.

For the second year running, charities can apply for unrestricted funding through our Change programme. We hope that unrestricted core cost funding will give charities greater flexibility over how they use their resources, allowing them to respond quickly to a changing environment and adapt accordingly.

Offering up to £200k over two years, our Change programme extends a lifeline to charities allowing them to apply for whatever is their greatest priority and area of need - whether that be capital costs, project work, specific operating costs or unrestricted funding.

To be eligible for this programme charities must have a minimum of 3 years accounts lodged and checked at OSCR. (Please note these 3 years accounts must be for the charity number on the Change grant application.) In addition the annual income inserted in your application form, must be taken from the most recent accounts which have been lodged and checked at OSCR and must be between £500k and £5million.

Charities can apply for funding between £50,000 and £100,000 per year for between 1 and 2 years. The same amount must be requested in each year and must be for the same purpose.

To apply you must submit an online application.

Charities can apply for whatever is their greatest priority and area of need and request
funding for either:

• Capital costs e.g., a building project, repairs, equipment etc.
• Project work e.g., a programme of work which is limited in scope and seeks to achieve particular outcomes including funding for project costs, staff costs, materials
• Specific running costs such as salaries or utilities
• Unrestricted core costs e.g., a contribution to general running costs such as management, staff, utilities and rent

For capital costs, project work and specific running cost applications, charities are required to provide a budget breakdown and are asked to attribute Bank of Scotland Foundation funding to particular elements of the capital costs, project work and/or running costs.

For unrestricted core costs applications, charities are asked to provide a breakdown of their general core costs for the last year, as per their most recent accounts submitted at OSCR.

Charities should also provide the total amount of the contribution they would like the Foundation to make to their core costs, over one or two years. Charities are also expected to convey in their supporting documentation:

- why unrestricted funding of core costs is needed and important to the charity

- why the charity is helping their group of service users, what they aim to achieve and how

Please note we will NOT fund certain unrestricted core costs such as:

• project costs or overheads incurred before the grant application is received,
• any costs not related to delivering outcomes such as a contribution to reserves,
• notional costs and costs that will never be incurred e.g., rent free premises

If you have received grant funding from Bank of Scotland Foundation within the last twelve months, or have any outstanding evaluations you are NOT eligible to apply to this programme.

To enable the application to be fully assessed please provide the information requested below:

• One A4 page detailing your project/charity.
• Your most recent signed accounts (including Independent Examiner’s Report) which have been lodged and checked at OSCR.
• Your charity’s constitution or Memorandum and Articles of Association.

All applications must be submitted online by 12 noon on the closing date of Wednesday 31st August 2022. The online application system will close at 12 noon and the Foundation team will be unable to accept applications after this deadline.