|Why have you changed your approach to funding?||Before 2018 we funded around 40 charities a year with small and micro one-off grants of under £5,000. There wasn’t time to meet organisations and get to know them. More and more charities, large and small, were submitting full applications to us and fewer were successful - 77% were being turned down. This was wasting valuable time for many charities. We asked charities what they needed most and they said larger, multi-year grants for unrestricted funding. The Trustees decided to respond to this and focus our limited resources on smaller numbers of larger grants, focusing on smaller charities that are based in Lambeth and Southwark. You can read more about our research here.|
Are you running a Small Grants programme?
No. We now award grants of up to £30,000 a year for up to three years. We know that smaller grants make a difference, but we are a small trust with limited funds and don’t have the resources to manage a small grants programme. We feel this is the best way to respond to what charities are telling us. We are also working more closely with other local funders to highlight other funds available and develop new funding opportunities in Lambeth and Southwark.There are funders in Lambeth and Southwark that run small grants programmes and some of these can be found here.
|Why aren't you funding charities with incoming resources over £300,000 a year?||Under our previous small grants scheme, we were turning down 77% of applications. We know that charities of all sizes do important work, but we have decided to focus on those with income of between £25,000-£300,000 as part of a new strategic approach. You can read about our research here and also look at information on local funders supporting larger charities here.|
|Most of my charity's work and beneficaires are in Lambeth and Southwark, but we also work with beneficiaries in another borough. Can I apply?||
No, I'm afraid not. We give unrestricted grants as we feel these are most useful for charities. Peter Minet Trust's geographical remit is Lambeth and Southwark. So, we can't give unrestricted grants to organisations working with beneficiaries outside the boroughs as the funds will then be supporting work outside our geographical area of benefit.
We understand that some Lambeth and Southwark-based charities working solely with Lambeth and Southwark-based beneficiaries may sometimes have a visit or activity outside Lambeth and Southwark and we don't exclude those charities.
|Why aren't you funding places of worship?||We know that there are many programmes that benefit the whole community run by some places of worship for people of any faith or no faith. However, we now give unrestricted grants and so don't fund places of worship as some of their work is for people of one particular faith, rather than the whole community eg: prayer services.|
|How many charities do you fund each year?||We aim to fund between five and ten charities at any time through our Open Grants Fund but this is a new programme and so we're not sure yet.|
|How long does it take to find out if my charity is successful in getting a grant from your Open Grants fund?||We have a three stage application process. We'll tell you within 8 weeks of our Tell Us About You form deadline if your application is being considered for stage 2. We'll then give a small number of charities a further 6 weeks to complete a full application form and we'll then tell them they've been awarded a grant or not within 4 weeks of that second deadline. We'd love to make the process quicker but we have one part-time Director and a small group of Trustees and so need this time.|
|If I'm unsuccessful either at the first or second stage, can I re-apply?||Yes, if you're not successful at either stage, you can re-apply in the next application round or future rounds. We will be giving feedback if you're not successful and we hope that will help you to work out whether you want to re-apply again.|
|Does my charity have to be paying the London Living Wage to all its staff to apply?||We're a Living Wage Funder and are committed to raising awareness about and tackling low pay in the charity sector. It is not a condition to charities that are applying to us that all their staff are being paid the London Living Wage but we will start a conversation with our charity partners to see if they are paying the London Living Wage and, if not, understand more and find out what might change this.|
|Can I apply for a Strategic Grant?||No. We will be funding a couple of charities that we identify, usually in partnership with other local funders. We'll tell you about these partnerships on our website. The majority of our funding is focused on our Open Grants Fund.|
|Are Strategic Grants also for charities with annual incomes of between £25,000 and £300,000?||Yes. Peter Minet Trust will work in collaboration with other funders to identify around two Strategic Grants at any one time. These strategic partnerships will be with charities that fit the same eligibility criteria as for our Open Grants Fund.|
|Why aren't you funding schools and other educational institutions?||We have limited funds and have had to focus. We also know there are some other local funders that support work in schools. We support charities that are working with young people, but not the schools, institutions or Parent Teacher Associations(PTAs) themselves.|
|Can I submit my application by video?||We don't currently have the storage to manage this, but are working on it. If this is something that's important to you, let us know so we can incorporate it properly in future.|
|I have another question?||Please email us via Contact Us. We'll be up-dating this list of questions and answers as often as we can.|