Pavo is holding funding surgeries across the county in September. If you’d like some advice on funding for your group then call Pavo to book your place.
Monday 14th September, 10.30-1.00, Ystradgynlais Volunteer Centre
Wednesday 16th September, 10.30-1.00, Llandrindod Wells Volunteer Bureau
For booking and information telephone Dafydd Roberts, 01597 822191
If you’d like us to come and do a funding surgery or workshop in your neighborhood just let us know!
Charities must apply by 25 September
Charities that work with young offenders will be able to apply to a new £1m fund from the Lloyds TSB Foundation for England and Wales.
The foundation's Young Offenders Programme is open to local, regional and national charities of any size that have a proven track record of working successfully with young offenders in areas including accommodation, skills training, drugs and alcohol and employment mentoring.
A spokeswoman for the foundation said there was no lower or upper limit on the value of the grants and that the funding would last for up to three years, with no lower limit.
The deadline for applications to the fund is 25 September.
Lloyds TSB's four foundations -- England and Wales, Scotland, Northern Ireland and the Channel Islands -- distribute one per cent of the bank's pre-tax profits each financial year.
The England and Wales branch gave out £8.5m between January and June this year.
Linda Kelly, chief executive of the foundation, told Third Sector: "Following an in-depth evaluation of our ex-prisoners funding over the last three years, we identified a pressing need to support work to break the cycle of reoffending among younger prisoners.
"Our new programme aims to support charities that can deliver measurable changes and benefits to improve young offenders' life choices and chances.
Welsh Assembly and Big Lottery Fund pledge money to help charities acquire public buildings
The Welsh Assembly and the Big Lottery Fund have set up a £13m fund to help Welsh community groups acquire public buildings and develop them to suit their needs.
"There are many public assets in Wales that are not being used to their full potential, and empowering the community to use these buildings to suit their needs is the main aim of this initiative," said Leighton Andrews, deputy minister for regeneration. "This is a win-win situation."
He said the programme would regenerate disused buildings and provide new facilities for third sector organisations.
Funding to acquire the buildings will come from the Welsh Assembly Government, and the money to develop them will come from the BLF, which will also process the applications. Organisations will be able to apply for cash from mid-October.
Invest to Serve aims to help charities grow
A new £6m fund to provide loans for charities in Wales to bid for public sector contracts and develop their services has been announced.
The Invest to Serve fund will be made up of contributions of £1m each from the Welsh Assembly Government, the Welsh Council for Voluntary Action and Unity Trust Bank.
The Welsh European Funding Office is likely to contribute £3m, a spokeswoman for the Welsh Assembly Government said, although the figure is still to be confirmed.
The spokeswoman said the fund would provide three-year loans at interest rates lower than those on the open market, but most of the finer details are yet to be decided.
It is unclear what the interest rate on the loans would be and the upper and lower limits on the value of the loans have not yet been decided.
Brian Gibbons, Minister for Social Justice, said the fund would make third sector organisations more sustainable. He said it would enable them to provide services for the public sector at lower rates than they would otherwise be able to offer.
A spokeswoman for the Welsh Assembly Government said the opening date for applications to the fund had not yet been confirmed.
Government grants on offer for schemes that bring different groups together
Communications charity the Media Trust has opened a new £1.2m fund for charities and community groups to set up youth-led media projects.
The Mix Mediabox will offer grants of between £5,000 and £20,000 to groups setting up projects in which 13 to-19-year-olds explore community cohesion. The total value of the fund is £1,240,000.
A Media Trust spokeswoman said the fund, run in partnership with the Department for Children, Schools and Families and the Communities and Local Government department, was particularly looking to support projects that brought young people from diverse ethnic and economic backgrounds together.
She said the Media Trust was encouraging applications from east and north-east England and Yorkshire and Humberside, which had been underrepresented in previous rounds of funding applications.
The fund is open for applications and the deadline is 21 September.
Charities, trusts and local authorities can apply for grants from the scheme, which is delivered by a consortium led by the trust and First Light Movies in partnership with Skillset and the UK Film Council
Charities working with prisoners and ex-offenders can apply
Charities that work with prisoners and ex-offenders with mental health problems are being invited to apply for funding from the Trusthouse Charitable Foundation's new £600,000 themed grant programme.
The three-year programme will award £200,000 a year. Judith Leigh, grants manager at the foundation, said the maximum award was likely to be about £50,000 a year, although no limit had been set.
The foundation, which distributes £2m each year, supported projects that helped older people in rural areas in its last themed grant programme.
Leigh said the foundation chose its new theme because about 70 per cent of prisoners had mental health issues.
"We want to support projects with proven track records and with innovative approaches that aim to reduce this figure," she said.
"We will be particularly interested in projects that can provide seamless support on both sides of the walls, because released prisoners can all too easily drift back into the behaviour that took them to prison in the first place."
For more information, call Judith Leigh on 020 7264 4991 or email her at jl@
New Sustainable Development Programme to be Launched for Recycling Organisations in Wales
The Charity Bank in Wales is working with Cylch, the Wales Community Recycling Network, to deliver a new package of finance and support. Later this year, a programme will be launched, enabling Cylch members to aid sustainable development in the waste minimisation, re-use, recycling, composting and materials reprocessing sectors.
A range of support will be made available through the new programme, from investment readiness, seed grants and patient capital to working capital and longer term loans and asset finance. Members wishing to access support to aid their transition to self sustaining social enterprises will be encouraged to make the case for their needs and to demonstrate a sustainable way forward for their enterprise.
Grant aided support may be available, initially in the form of training and consultancy, for organisations and individual officers and/or trustees to assist their readiness to apply to the programme for appropriate forms of finance.
Whilst not specifically designed as a recession fund, it may be used to help third sector organisations in distress, subject to meeting the appropriate eligibility criteria. In order to establish eligibility for the programme, initial enquiries should be made by e-mail to finance@cylch.org.uk
Forestry Commission Wales Launches the Wood Energy Business Scheme 2 (WEBS 2)
The Wood Energy Business Scheme 2 (WEBS 2) is a new multi-million capital grant scheme for Wales, which draws down its funding from the European Regional Development Fund, and will run until 2013.
WEBS 2 will build upon the achievements of WEBS Objective 1 and 2 (2004-2008). Its prime aim is to provide capital grant support to micro businesses, SMEs and social enterprises to further develop the sustainable and renewable wood heat market across Wales.
The scheme will help businesses to install wood fuel heating and Combined Heat and Power (CHP) technologies. Over its lifetime, it will ensure the wood heat and energy sector in Wales develops into a "mature market", supported by an established supply of wood fuel and boiler installation and maintenance businesses.
Grants will be provided in order to:
invest in clean, renewable wood fuel heating and CHP technology;
develop high quality equipment and fuel supply chains;
build skills and experience in installing and maintaining wood fuel heat and power technology; and
develop new products, eg new heating boilers or energy supply services.
No minimum or maximum grant amounts are stipulated; however, total eligible costs are likely to be funded at a maximum of 50%.
The project will deliver across both the Convergence and Competitiveness areas of Wales, making this a pan-Wales project.
Applications may be submitted at any time.
Impetus Trust - Reducing Re-offending Fund - Notice of Imminent Deadline (UK)
The Impetus Trust has launched the Reducing Re-offending Fund which has an imminent deadline for applications.
The Impetus Trust: Reducing Re-offending Fund is a collaboration between Impetus Trust, Indigo Trust, the Esme Fairbairn Foundation and the Henry Smith Charity, with the aim of making a significant impact on the high level of re-offending in the UK.
The Trust has initially raised £1.3 million of funding that will be made available to between three to six charities in the UK over a three-to-four year period.
Over the next six months, the Fund will be looking for organisations within the criminal justice sector that tackle re-offending and that have ambitions to transform their impact. Selected organisations will receive a combined package of unrestricted funding and tailored capacity-building support from the Impetus Investment Team and a network of consultants and advisors.
The Fund is able to support a very limited number of organisations, so substantial screening, assessment and due diligence will be undertaken before making a final decision to invest.
The deadline for applications is 15 September 2009.
Nesta and Esmee Fairbairn Foundation pledge support
A social investment fund set up by Big Issue Invest has received £1m in investment from the National Endowment for Science, Technology and the Arts and £750,000 from the Esmée Fairbairn Foundation.
The fund, which was announced in April, will provide long-term capital to social enterprises. It will make between 25 and 30 investments of between £100,000 and £500,000, with an expected average term of five years.
Nigel Kershaw, chief executive of Big Issue Invest, said the Nesta investment was the second largest it had received so far and that several other substantial investors were interested.
"We're hoping to raise more than the £10m we originally aimed at," he said.
Jonathan Kestenbaum, chief executive of Nesta, said he believed that social enterprises could support problems that had been "unresponsive to conventional solutions" and traditionally required taxpayers' cash to solve.
"Our social finance programme is showing how catalytic investment such as this can create lasting change," he said.
Charity makes twice as much as the next highest earner, according to Charity Market Monitor report
Cancer Research UK is the highest earner of legacy income, according to research based on charities' most recent accounts.
The most recent Charity Market Monitor report, compiled by Cathy Pharoah of Cass Business School for Caritas Data, showed that the charity received £147.88m from legacies in 2007//08.
Cancer Research UK received more than half as much again as the next highest earner, the RNLI, which received £94.50m. The third highest earner was the RSPCA, with £63.13m.
The research found that legacies were an important and growing source of income for the top 300 fundraising charities, which saw their income grow by 8 per cent in real terms compared with the previous year to £1.35bn.
Legacies made up 26 per cent of the top 300's total fundraising income, and 183 of them reported significant income from legacies.
However, the report suggested that the effects of the recession on house and share prices were not reflected in charities' most recent accounts because of the time lag involved in converting legacies into cash.
"Legacies now represent about a quarter of the fundraised income of the largest fundraising charities, and are central to their major gift fundraising success," the report said. "This means that charities are particularly anxious about fall-out from the recession on legacy values."
The report also showed that legacy income was already falling for charities outside the top 300.
"Legacy income in the rest of the sector is already either static or has declined in value," the report said. "A broader sample shows that the growth in income from legacies among the top 1,300 charities was just 5.3 per cent over the years 2003 to 2007."
Top 10 Legacy earners
Cancer Research UK – £147.88m
RNLI – £94.50m
RSPCA – £63.13m
The National Trust – £57.79m
British Heart Foundation – £49.79m
Macmillan Cancer Support – £40.92m
The Salvation Army Trust – £40.83m
Guide Dogs for the Blind Association – £39.04m
PDSA – £36.42m
RNIB – £33.57m
Co-operatives UK seeks volunteers to try new investment model
A research project looking at how community organisations can raise money by issuing shares and bonds to the public is looking for five organisations to act as case studies.
The research project, being run by Co-operatives UK together with the Development Trusts Association and the Social Return on Investment Network, will provide consultancy and funding in exchange for the opportunity to monitor a group as it raises money from the community.
Hugh Rolo, head of assets and investment at the DTA, said the success of community share issues in the past showed people's enthusiasm for investing in something tangible.
"We are already supporting five community enterprises, one of which has successfully completed a community share offer to rescue a village store," he said.
"Round two of this programme will allow us to work with more enterprises and demonstrate the huge potential of using community investment to raise capital for local projects."
Organisations must be intending to raise at least £10,000 for a community project, by issuing shares or bonds to at least 20 people. Applications are available at www.communityshares.org.uk/
