When Paul Thompson died of a sudden cardiac event, his wife and friend created a named fund in his memory that is used to fund life-saving defibrillators.
The Future-Building Fund aims to help high-quality social organisations make changes to their model that will create a more solid platform from which they can deliver services. The fundholders are also interested in projects that enable a ‘step change’ in financial terms.
This fund does not offer core funding simply for the continuance of existing services. Grants will be given for projects that can demonstrate realistic plans for increasing reach and impact, and for building longer-term resilience for the future.
Future-Building will run until either 15 charities have received help, or for three years, whichever is reached first. Grants in the first instance will be between £10,000 and £50,000, with the possibility of further funding up to £25,000 for follow-on projects.
Total grants will be capped at £75,000 and will not normally exceed the applicant’s annual income, should this be less.