Hendy Foundation Grant Making Policy
Hendy Foundation is a grant-making trust supporting general charitable purposes. It is the policy of the Trustees to make grants to a wide range of charitable bodies.
Grants are made to registered charities in the UK to further a wide range of charitable purposes including and not limited to:
- Relief of extreme poverty
- Relief of sickness
- Promoting healthy lifestyles and wellbeing
- Reducing inequalities in income deprivation and employment
- Improving health and social wellbeing for older people and vulnerable groups
- Growing sustainable communities
The Foundation will also consider applications for grants from individuals, providing that the Trustees are satisfied that they support one of the areas listed above.
Priority will be given to applications that meet the following criteria:
- The money is needed for a clearly specified purpose or project with a charitable benefit
- Where the funds are requested to begin a program of work or provision of a service, plans are in place to continue the work after the grant funds end.
There is a minimum donation of £500 and a maximum level of grant of £5,000 per annum, as a guide; the entire funding pot available to Hendy Foundation is likely to be around £50,000 per year.
Applications should include the following information:
- Summary or Background – A brief description of the applicant’s purposes, overall goals and plans for the year
- Project Description – The specific purpose for which the funds will be used e.g. problem to be solved, need to be met, service to be provided
- Goals – Explain the objectives of the proposed activity, who will benefit and how? How will success be measured?
- Target Area – Give a full description of the population and/or geographic area you intend to reach
Applications will be accepted from January 2019, after which there will be no deadline for applications and all will be acknowledged. The Trustees will meet every three months, at these meetings, having reviewed all applications received since the previous Trustee meeting, the Trustees approve the grants to be made to the successful applicants. All successful applicants will be notified by email and payment will be made in the following 8 week period.
Where a grant is awarded to an individual, or organisation not registered with the Charity Commission the following process will apply:
The Trustees will seek to pay for equipment or services for the individual directly with the supplier, or where Hendy Foundation has agreed to pay for part of a product or service proof must be provided that the rest of the funds are available.
As part of the monitoring and evaluation procedure Hendy Foundation requests evidence of expenditure and any audited or independently examined accounts, and should Hendy Foundation consider that a grant has been used fraudulently or such evidence cannot be produced, we will seek to recover the full grant and any associated costs. Further, we will inform the relevant regulatory authorities, who may include the Police, and legal action will be considered.
Hendy Foundation reserves the right to audit both successful and unsuccessful grant applications and will report on the outcomes annually.