Over £1.4M awarded to 11 Scottish Charities through multi-year funding

Over £1.4M awarded to 11 Scottish Charities through multi-year funding

Eleven Scottish charities have received grant awards from Bank of Scotland Foundation’s multi-year Invest programme. In total, they will share £1,446,155 over a period of 3-5 years.

Due to the significant financial impact that Covid-19 has had on people across Scotland, the theme of this year’s programme was Financial Vulnerability, supporting charities who help vulnerable people manage various financial issues, including those who were already facing significant difficulties with their finances before the pandemic, and those who are now accessing charity support services for the first time as a direct result of the pandemic.

The Foundation is proud to be one of the few funders to cover core costs such as salaries and rent. All eleven charities applied for a grant to help cover staff costs, with some also covering running costs. The salaries supported this year include a Money Advisor, Disability Adviser, Financial Family Support Worker and a Debt Adviser.

The eleven awards made in this second year of the Invest programme are: -

Charity Region Award Term

Families Like Us

Central Scotland

£70,500

Three years
(£23,500 per year)

Flourish House

Glasgow

£85,680

Three years
(£28,560 per year)

Pollokshields Development Agency

Glasgow

£77,640

Three years
(£25,880 per year)

Positive Action In Housing

Glasgow

£173,980

Five years
(£34,796 per year)

Kindred Advocacy

Lothians

£101,720

Five years
(£20,344 per year)

Open Door Accommodation Project

Lothians

£155,470

Five years
(£31,094 per year)

St Andrews Environmental Network

Mid Scotland & Fife

£134,580

Five years
(£26,916 per year)

Stirling District Citizens Advice Bureau Ltd

Mid Scotland & Fife

£164,410

Five years
(£32,882 per year)

Instant Neighbour

North East Scotland

£154,620

Five years
(£30,924 per year)

Haddington Citizens Advice Bureau

South Scotland

£162,945

Five years
(£32,589 per year)

Financial Fitness Resource Team

West Scotland

£164,610

Five years
(£32,922 per year)

Philip Grant, Chair of the Foundation’s Board of Trustees and Chair of the Scottish Executive Committee, Lloyds Banking Group said, "As we enter a period of recovery after the pandemic, these Invest grants will help bring some long-term security to the positions they are funding.

"The financial impact of Covid-19 has had a devastating effect on many vulnerable people, so we are delighted to support projects that help those in need to access vital support services and manage their financial issues."