Grant Fundraising for Community Projects: Tips and Information
Employed by Stratherrick and Foyers Community Trust, Sharon Ferguson and Sarah Byrne assist in securing funding for community projects. They provide valuable insights and guidance on applying for grants, emphasizing the importance of project planning, financial considerations, and meeting funding criteria. The duo shares top-ten application tips, stressing the need for clear outcomes, realistic budgets, and perseverance. They also highlight the significance of community support and the value of repeat applications in securing funding successfully.
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Presentation Transcript
GRANT FUNDRAISING Sharon Ferguson and Sarah Byrne Stratherrick and Foyers Community Trust Fundraisers
ABOUT US We are employed by Stratherrick and Foyers Community Trust to apply for match funding for Trust projects and to assist community groups in applying for funding. Our aim is to help the achieve the aspirations of the Community that came up in the Community Action Plan and fund activities that groups have planned. Pitch Deck 2
WHAT TO CONSIDER WHO Who is the group applying; what is your main purpose and activities WHY Why are you applying for the grant; what is the project plan, how will it be achieved and why it is important WHAT What difference will the grant make; what are the outputs and outcomes of the project and what part of the community will benefit COSTS Cost of the project; full costings will be required. When purchasing items/services, three quotes are normally required Pitch Deck 3
FURTHER INFORMATION REQUIRED Group finances Project & Business plan Up ton date project and business plan that fits with the funding application. Covering the need for this project and showing evidence of where this information was sourced i.e. survey results. Must show how the project will run and fund itself going forward and what difference it will make Copy of last year s accounts (independently verified), current financial figures including restricted and unrestricted reserves and why they can t be used. Most funders will ask for a current bank statement Governing document Evaluation Copy of up to date signed constitution/articles of association Who will carry this out for the group and monitor the effect of the grant if successful Pitch Deck 4
TOP TEN APPLICATION TIPS 1. Know your OUTPUTS (what you do) from your OUTCOMES (the benefits) 2. Read the funding criteria and guidance notes closely ensure your project is a good fit 3. Get used to failure! Most funds are oversubscribed but the more applications you write, the easier they get 4. Have a clear funding strategy and realistic budgets including a contingency and make sure VAT costs are considered 5. Don t be afraid to ask for help! Plenty of guidance is available from the funders themselves Pitch Deck 5
TOP TEN APPLICATION TIPS 6. Consider inflation costs when devising the budget. Also consider whether non-cash contributions (volunteer time / office utilities) count as match-funding 7. Be sure your project is something you actually want to do not just because funding is available 8. Don t over commit! At some point you ll have to deliver everything you ve promised 9. Demonstrate support from outside your organisation letters of support, testimonial quotes 10. If at first you don t succeed Many funders accept repeat applications 6. (BONUS TIP) Don t give up! Pitch Deck 6
USEFUL LINKS National Lottery Heritage Fund https://www.heritagefund.org.uk/ Funding Scotland https://funding.scot/ Foundation Scotland https://www.foundationscotland.org.uk/ Grant Finder https://www.grantfinder.co.uk/ Museums Galleries Scotland https://www.museumsgalleriesscotland.org.uk/fundings/ Pitch Deck 7
THANK YOU sharon@sfctrust.org.uk sarah@sfctrust.org.uk Pitch Deck 8
