This grant scheme, available to registered or exempt charities, is for capital expenditure to support innovation;-
- In the field of medical research by funding infrastructure development in universities and/or hospitals, which will be used to improve healthcare. The Trust’s focus is on the physical facilities in which translational science is undertaken, and may involve laboratory space or patient facilities.
- In the provision of care. The Trustees will define a specific theme which will apply for three years. For 2018-2020 inclusive, that theme will be “the provision of an original care model for the severely disabled”.
The Trust is not prescriptive in defining the nature of bids which may qualify for funding support but, where applicable, applicants will be expected to explain clearly and convincingly:-
- How their project meets the key criterion of being innovative
- The evidence of the need for the project
- How it will have a transformational impact for those whom it will support
- How it will provide a catalyst for change
- How it will be sustainable
- How it could be replicated for the wider benefit
- What milestones must be met, with timescales
- How the outcomes will be measured
- How the level of the applicant’s reserves influences the plans for funding the project
Depending on the availability of resources, the Trustees hope to allocate up to £1.5m in total annually to this scheme. It is likely that approximately four awards will be made each year, across the two areas of priority. Applications should not be for specific amounts but may be to fund a project completely, or for a contribution towards the funding of a larger project.
HOW WE FUND
Awards are made annually by the Trustees at their autumn meeting, usually held in November.
There is a two-stage application process:-
- Preliminary proposals – using the Expression of Interest application form for which may be accessed here – should be submitted to the Trust by the end of March. The Trustees will undertake short-listing at their first meeting in the year, usually held in May or June.
- Applicants whose proposals are shortlisted will be invited to make a fully detailed submission by 31st August. This should be the applicant’s own “case for support” which, together with the Expression of Interest form and attachments submitted at the preliminary stage, should provide the Trustees with a comprehensive picture of the project, its financing, and the justification for the Trust providing support. In addition to covering fully the issues specified in the bullet points above, the submission should include:
- An update on information in the original Expression of Interest form, if relevant
- The latest budget, plus cash flow forecast (income and expenditure)
- Projections for revenue sustainability post completion of the project
Comments may be sought from independent reviewers as part of the assessment before funding is awarded.
The “case for support” should not exceed 10 sides of A4 with maximum font size 11.
Only one preliminary application per institution/organisation may be submitted.