About
Bank of Scotland Foundation receives an annual donation from Lloyds Banking Group as part of the Group's commitment to Helping Scotland Prosper. The Foundation distributes these funds to charities across Scotland through grants programmes and a matched giving programme for Lloyds Banking Group colleagues. Through their five-year strategy 'Building a Brighter Future for Scotland', the Foundation aims to fund, support and champion small and local charities that work to improve the quality of life of vulnerable people across Scotland. Since launching in 2010, they have awarded over £43 million to 2,700 charities.
Funding Opportunities
Enable
Enable is an innovative, joint grants programme with Lloyds Banking Group aimed at boosting community volunteering. Funding is provided to Scottish charities to support projects delivered through volunteers, with Lloyds Banking Group colleagues across Scotland volunteering their time and skills to help deliver the projects and support the charities. The programme provides 3-year grants ranging from £30,000 to £90,000 (£10,000-£30,000 per annum) as restricted funding for volunteering projects, costs, and initiatives. The Foundation recognizes the extreme impact of the cost-of-living crisis and solely focuses on helping charities who support vulnerable groups and people. Eligible volunteering costs include volunteer database costs, transport, manager salaries, training, protective equipment, out-of-pocket expenses, insurance, administration, and recruitment costs. Funding can also be used to purchase materials for activities that volunteers are delivering, such as plants for gardens, equipment for online services, or supplies for volunteer-led activities. This unique programme combines both funding and volunteer support to help charities grow stronger and thrive beyond the lifetime of their grant.
Thrive
Thrive is a targeted grants programme developed to support charities providing financial advice, building financial resilience, delivering financial education or simply encouraging good financial health with people living in vulnerable circumstances. This could include providing practical financial support, budgeting assistance, help with debt management, financial education, and personalised advice, to help people navigate financial challenges and build long-term resilience. Unrestricted funding can be used towards core costs, delivery costs, project costs and/or general running costs enabling charities to use their funding in the way that helps them best and deal with challenges quickly and effectively. The programme is open to charities who currently offer financial resilience related activities, including those for whom this is not their core purpose but who intersect with financial resilience issues (e.g., charities focused on homelessness, disability, mental health, domestic abuse). For these charities, unrestricted funding can be used solely on any reasonable costs associated with delivering the focus area of financial resilience. Thrive is delivered in partnership with sister foundations across the UK - Lloyds Bank Foundation for England & Wales, Lloyds Bank Foundation for the Channel Islands, and Halifax Foundation for Northern Ireland - and has been made possible thanks to an additional donation from Lloyds Banking Group.
Matched Giving Programme
The Matched Giving Programme is run by Bank of Scotland Foundation and is open to all Lloyds Banking Group staff in Scotland. The programme encourages colleagues to get involved in the voluntary sector and help fundraise through personal participation in events or give their time freely to support the work of charities throughout Scotland. Every permanent Lloyds Banking Group colleague in Scotland is entitled to claim up to £1000 in each calendar year from the Matched Giving Scheme for a charity for which they have either raised money for or given time to. The Foundation will match every pound raised or donate £10 per hour of voluntary time given, to a maximum of £500 for fundraising events and/or £500 for voluntary time given, provided that the claim falls within the rules of the scheme and the charity is eligible for funding. This programme ensures funding reaches charities at a grass-roots level across Scotland, creating a lasting positive impact in local Scottish communities.
Energise
Energise is an innovative, trusting, and bold grants programme enabling grassroots charities who are alive to the real issues on the ground to grow, and support more vulnerable people. The programme provides unrestricted funding to Scottish charities with an income of £150,000 or less, supporting those who put vulnerable people at the heart of everything they do. The programme has two funding tiers: charities with income below £50k are eligible for £20k (£10k per year over 2 years), while charities with income of £50k-£150k are eligible for £40k (£20k per year over 2 years). Unrestricted funding gives charities much greater scope to cover all essential costs and deal with challenges quickly and effectively, including core costs, delivery costs, project costs, and general running costs. The Foundation recognizes the profound impact that the cost-of-living crisis is having on people across Scotland and focuses on helping charities who support vulnerable groups and people.
At a Glance
- Total Funding Opportunities
- 5
- Active Now
- 4
- Source Domain
- bankofscotlandfoundation.org
Catalog Data
This funder profile was automatically extracted from grant listings. Information may be incomplete.
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