Financial vulnerability grant programme opens for Caithness charities

An independent charity supporting people and their local communities across Caithness, is launching its Invest Grant Programme today (Monday, March 22).

Bank of Scotland Foundation's multi-year programme for charities helps vulnerable people manage various financial issues, including those who were already facing significant difficulties with their finances before the pandemic, and those who are now accessing charity support services for the first time as a direct result of the pandemic.

Any charity with an annual income of between £100,000 and £1m which has projects addressing financial vulnerability, is eligible to apply.

Charities can apply for core cost funding, and/or project cost funding, of between £20,000 and £40,000 per year for between two and five years. For example, this could be towards:

• Traditional financial support services provided by Citizen’s Advice Bureau’s and Money Advice Centres.
• Projects to improve financial literacy for people who are living on low incomes and /or requiring debt management support.
• Financial awareness and money advice services for people with illnesses and long-term conditions (including mental health) and their families.
• More tailored financial advice targeted towards vulnerable groups within their communities.
• Support for issues around fuel and/or food poverty and/or budgeting and maximising income to ensure people are not at risk of homelessness.

Charities have until noon on Thursday, April 1 to submit applications through the Foundation’s website www.bankofscotlandfoundation.org/

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