Lloyds Bank Foundation Announces Racial Equity Programme to Open on 27 March

Funder: Lloyds Bank Foundation

Funding Available:

Closing Date: 3 June, 2024

Available to: Community Interest Companies, Registered Charities

Type of Fund: National

About this Funding:

This year, the Racial Equity Programme will be providing 42 unrestricted grants of £75,000 over three years (£25,000 per year) with tailored development support to registered charities and community interest companies which are led by and working with people who are experiencing economic inequity because of the race or ethnicity.

The 2024 programme is open to small, local and specialist registered charities, charitable incorporated organisations (CIOs) and community interest companies (CICs) registered in England and Wales.

To be eligible, all organisations must:

  • Be based and working in England (excluding London) and Wales.
  • Have an annual income of between £25,000 and £500,000 in the last set of published accounts.
  • Have a track record of directly delivering services for at least one year to people (aged 18 and over) from racially minoritised communities experiencing significant economic disadvantage. Services should support people over the long term and support people to strengthen their immediate personal or financial circumstances and then support them to make progress towards achieving their employment/career aspirations and ambitions.
  • Be led by and working for communities experiencing inequity because of their race or ethnicity: at least 75% of their Directors/Trustees, and at least 50% of staff self-identify as belonging to the communities being supported.
  • Be delivering culturally appropriate services that are developed in response to community needs.
  • Ensure that people with lived experiences of the issues being addressed by organisation are at the centre of the designing, developing, and managing the services being provided.

In 2024, the Foundation will favour applications from Wales and Yorkshire and Humber as it invested less funding in these areas in 2023, and they have been identified as regions where racially minoritised people are more likely to be living in poverty, relative to the white population.

A free information webinar and live Q&A panel will be held on 24 April 2024 (10:30 am to 12:00 pm). Registration is required and can be done via eventbrite.

The 2024 application window opens on 27 March 2024. 

Funding Criteria:

The 2024 programme is open to small, local and specialist registered charities, charitable incorporated organisations (CIOs) and community interest companies (CICs) registered in England and Wales.

Share this page with others

Other Funding Opportunities:

  • Funding to Reduce the Likelihood of Children Becoming Involved in Crimes

    Funding Available:

    Closing Date: 24 May, 2024

  • SELCO Community Heroes

    Funding Available:

    Closing Date: 31 August, 2024

  • New Funding Opportunity for the Youth Homelessness Sector

    Funding Available: Over £100,000

    Closing Date: 7 May, 2024

  • Austin and Hope Pilkington Trust Opens for Second Round of 2024

    Funding Available: Up to £5,000

    Closing Date: 30 April, 2024

  • Children’s Short Breaks – Main Grant Application 2024-2025

    Funding Available:

    Closing Date: 30 April, 2024

  • Funding of up to £1,000,000 is now available from Biffa Award!

    Funding Available: Over £100,000

    Closing Date: 31 May, 2024

  • Lloyds Bank Foundation Announces Racial Equity Programme to Open on 27 March

    Funding Available:

    Closing Date: 3 June, 2024

  • Baring Foundation Offers Funding for Small Expert Legal Hub Organisations

    Funding Available:

    Closing Date: 30 April, 2024