2023 Invest Grants Programme

Bank of Scotland Foundation recognises the significant impact that the current cost of living crisis is having on people across Scotland.  To ensure Bank of Scotland Foundation funding can support charities through this crisis and reach those in real need, the 2023 Invest Grants Programme will provide funding for up to five years for charities.

Our Invest programme is suitable for charities that can demonstrate they address disadvantage or social exclusion. This will ensure our funding reaches the most vulnerable people across Scotland and provides them with opportunity and equality.

Disadvantage: examples include charities addressing primary disadvantage such as homelessness, abuse, mental health or poverty, or secondary disadvantage such as debt issues, learning disabilities, illiteracy, lack of employability skills or health issues.

Social Exclusion: examples include charities addressing exclusionary challenges for minorities, people with disabilities, LGBT people, drug users, care leavers, the elderly or the young.

To be eligible for this programme charities must have a minimum of 3 years accounts at OSCR and have an annual income of between £50k and £1m. Please note this annual income must be from the most recent accounts which have been lodged and checked at OSCR and must be for the charity number on the application form.

Charities can apply for funding between £10,000 and £50,000 per year for between 2 and 5 years.

The total requested per year must be no greater than 20% of your charity’s annual income from the last accounts lodged at OSCR.  For example, if your charity’s annual income is £100K per annum, your charity can apply for no more than £20,000 per year for up to 5 years (total grant amount of £100,000 over 5 years).

Charities can apply for whatever is their greatest priority and area of need.  For example:

  • Project work e.g., a programme of work which is limited in scope and seeks to achieve particular outcomes including funding for project costs, staff costs, materials
  • Core costs e.g., salary costs, utilities, and rent
  • Capital costs e.g., a building project, repairs, equipment etc.

To apply you must submit an online application.

To enable the application to be fully assessed please provide the following:

  • a clear financial breakdown of your funding request
  • one A4 page (PDF format) detailing your funding request which justifies all items highlighted in your financial breakdown
  • the most recent signed accounts (including Independent Examiner’s Report) which have been lodged and checked at OSCR
  • your charity’s constitution or Memorandum and Articles of Association.

All documents must be received by the closing date of Monday 6th March 2023 at 12 Noon. No applications or documentation will be accepted after this deadline.

Before applying, check out our Hints & Tips PDF guide to help you complete your application.

Our PDF covers off what documents you need to send in and what information could help with your application.

Grants programmes Hints & tips eligibility

If you are submitting a first-stage application for Invest

 You MUST  You cannot apply if

Your charity must have an income of between £50,000 - £1m

You cannot apply if you have less than three years Annual Accounts lodged at OSCR

Your charity must have at least three years Annual Accounts lodged with and checked by OSCR

If your charity’s annual income is less than £50,000 or more than £1m

You must be a charity registered in Scotland, operational for at least three years

You cannot apply if you do not have all your regulatory returns up to date at OSCR and Companies House

Make sure you put the correct charity number on your application.

If you are currently in receipt of a grant from any of our programmes or have not yet returned your Evaluation form for your most recent grant. If you would like to apply again please ensure we have received a satisfactory evaluation prior to the closing date of the new programme.

Make sure your annual accounts are signed by both an independent examiner and a member of the Board. The balance sheet must also be signed. Signatures that are blacked out will not be accepted.

You cannot apply if you are a charity whose SOLE purpose is:

  • Political organisation

  • Animal welfare

  • The advancement of religion

  • Medical research

  • To make grants, donations, loans, gifts or pensions to individuals. This includes distributing vouchers

You must include an A4 (PDF format) page that describes how you plan to spend any funding award and explains how your community will benefit from it.

You cannot apply for donations to:

  • individuals

  • advertising

  • sponsorship

  • foreign trips

  • overseas projects

Make sure your additional A4 (PDF format) information is no more than one page long.

You cannot apply for multiple grants at the same time, you must choose one programme and await the outcome of that application before applying again.

The amount you apply for each year must be the same, with the same breakdown for same cost e.g. a salary each year, £25,000 each year over 5 years = total amount requested of £125,000.


Your charities record on OSCR must state ‘It carries out activities itself’.


You must only submit one application for a programme.


Invest Programmes 2023
Programme Opens to applications Closes to applications Charities notified
Invest End of June