Lloyds TSB Foundation sees 24 per cent increase in applications 1

Fundraising | Celina Ribeiro | 31 Mar 2011

The Lloyds TSB Foundation, one of the biggest grantmakers in England and Wales, saw a sharp increase in both eligible and total funding applications last year as charities tried to plug funding shortages.

Linda Kelly (pictured), chief executive of the Lloyds TSB Foundation, told a Media Trust conference in London yesterday that while the trust made the same number of grants last year as the year before, 890, the volume of applications had risen starkly.

There was a 24 per cent increase in eligible applications, to 2,529, and total applications rose by 12 per cent to reach 4,757. Meanwhile, the value of grants actually made rose by just 1 per cent, to a value of £19.6m.

The Foundation received more than 2,000 ineligible funding applications, many of which failed at the earliest hurdle. The biggest reason the Foundation rejected applications for funding was that the charity had not filed documents with the Charity Commission.

Directory: Lloyds TSB Foundation for England and Wales

Place a comment

Sharon Shortland
Secreatary
Margaret Dobson Trust
31 Mar 2011

As Secretary of a small, largely unknown, grant making charity I would add that the bids to date, which will not be going forward to the meeting are already double that which we would normally recieve and we are only half way through the year. If this continues the bids will be three times as many as usual, and many of them are no where near meeting our criteria. Thsi is surely a sign of desparate times.

[Reply]

Comments

[Cancel] | Reply to:

Name *

Email *

Organisation

Job Title

Comments *

Verification *

* Please read our Community Standards

Close »

Community Standards

The civilsociety.co.uk community and comments board is intended as a platform for informed and civilised debate.

We hope to encourage a broad range of views, however, there are standards that we expect commentators to uphold. We reserve the right to delete or amend any comments that do not adhere to these standards.

We welcome:

Robust but respectful debate
Strongly held opinions
Intelligent relevant discussion
The sharing of relevant experiences
New participants

We will not publish:

Rude, threatening, offensive, obscene or abusive language, or links to such material
Links to commercial organisations or spam postings. The comments board is not an advertising platform
The posting of contact details for yourself or others
Comments intended for malicious purpose or mindless abuse
Comments purporting to be from another person or organisation under false pretences
Gratuitous criticism, commentary or self-promotion
Any material which breaches copyright or privacy laws, or could be considered libellous
The use of the comments board for the pursuit or extension of personal disputes

Be aware:

Views expressed on the comments board are left at users’ discretion and are in no way views held or supported by Civil Society Media
Comments left by others may not be accurate, do not rely on them as fact
You may be misunderstood - sarcasm and humour can easily be taken out of context, try to be clear

Please:

Enjoy the opportunity to express your opinion and respect the right of others to express theirs
Confine your remarks to issues rather than personalities

Together we can keep our community a polite, respectful and intelligent platform for discussion.