Be clear option text
For open funds, we will ensure that clear, plain English guidance is published and we will be available for questions and clarifications. We will use a two-stage application system so ineligible applicants do not spend undue wasted time applying. When working with strategic partners on solicited applications, we will keep open communication with our Trustees to ensure that proposals are only progressed when they are likely to succeed.
Ask relevant option text
We will always keep our questions to the minimum needed to make a decision. We will act on feedback from current and former partners to ensure our application processes are straightforward and proportionate.
Accept risk option text
We will work with our Trustees to agree an approach to risk ensuring we fund a range of organisations, including smaller grassroots groups that may inherently carry more risk. We accept that, even when things don’t go to plan, this represents a learning opportunity rather than ‘failure’. In our investments, we will seek to make further equity investments and interest-free loans to community organisations, accepting a meaningful share of risk alongside our partners.
Act with urgency option text
We will seek to work at a pace that works for applicants. We will publish our timelines when announcing a fund and stick to them. We build strong relationships with our partners, so we can respond with urgency to any issues they may face.
Be transparent option text
We will publish our approach to funding and be open about chances of success when we launch a fund. Funds will be as targeted as possible to reduce likelihood of high volumes. We will publish reasons for rejection and give more detailed feedback wherever possible. We share all of our funding data via 360 giving.