The Julia and Hans Rausing Trust has set up a Charity Survival Fund, in response to ongoing concern about Covid-19’s economic impact on charities.
The £10m Fund aims to provide core funding to help charities, especially those that are small and medium sized, to offset lost income in the current financial year.
The size of the grants on offer range from £1,000 to £250,000, with the aim of supporting approximately 200 charities across the country.
The fund is open to UK registered charities that have a beneficial area within the UK and actively operate across one of the three areas prioritised by the trust. These are: health and wellbeing, welfare and education, and arts and culture.
Applicants must have an annual income below £5m, and have lost or be forecast to lose income due to Covid-19. Charities which have already received Covid-19-related funding from the trust are not eligible.
In a joint statement, Julia and Hans Rausing said: “The last few months have proven very difficult for individuals and organisations across the country, and in particular for charities who have seen their regular sources of funding dry up.
“The Charity Survival Fund is designed to provide financial aid for many small and medium-sized charities that are facing financial hardship. Their work is needed now more than ever, and we hope this new fund helps bridge the financial gap until usual sources of income return to the sector.”
The submission deadline is 5pm on Monday 27 July.
Since the start of the Covid-19 crisis, the trust has given £16.5m of emergency donations to charities and organisations across the UK which are dealing with the impact of Covid-19.
More than 50 charities have been supported. This includes charities such as Fareshare, which is providing meals to vulnerable people across the UK, and a £5m donation to the NHS Charities Together Covid-19 appeal.