Trusts and FoundationsDom Jinks

Joe Meldrum

Private Giving Breakdown

• The top 300 foundations gave £2.9billion in private giving last year

• The total amount given by foundations through grant-making last year is £6.5billion

• There are over 8,000 grant-making foundations operating in the UK

Foundation Growth

• Grant-making by foundations grew by 12.2% last year (£560million)

• In 2015, foundation grant-making recovered to pre-recession levels

Foundation Income

• Income into foundations is rising, which supports increased grant-making

• This is supported by the growth in assets owned by foundations (10% each year) and a strong investment year

Types of Foundations

What is a Foundation?

• a charity which fulfils their goals by giving to and supporting other organisations and individuals

• there are many types of foundation such as: corporate foundations, family trusts and community trusts

• foundations are independent and can support causes which are often not reached by public funding

How Foundations Spend

How Foundations Give• Foundations are independent and often use different

methods to give and make grants. These include:

• formal application processes

• trustees identifying causes to support

• informal nurturing and stewardship

• direct involvement with projects

• The largest foundations tend to be grant-makers with a formal application process

Top Tips

• Remember you are building a relationship. Look after and nurture your relationship with foundations which align with your work

• ‘Warm’ applications have a much better chance of success

• If you are looking to secure money from a foundation, research who they have given to in the past and the amount of money they have given

• If you are invited to submit an application, this puts you in a very strong position

Who Foundations Give To• Foundations can support many different types of organisations and

individuals across many geographic and cultural areas

• Individual foundations have different criteria for the types of organisations and individuals they support. These include:

• Charities

• Social Enterprises

• Community Interest Companies

• Individuals

• Non-profit organisations

Garfield Weston Foundation

• Gave £10.4million to arts-related organisations last year

• The arts are their 2nd biggest area of grant-making (17.7% of their total spend)

• Last year (2015/2016) they funded 152 arts organisations

The Foyle Foundation

Programme Number of Grants Amount

Arts 92 £3.5 million

Learning 43 £2.6 million

Small Grants 179 £744,000

School Libraries 120 £688,000

The Foyle Foundation

• Previous beneficiaries have included: Royal Academy of Arts (£250,000); Royal Liverpool Philharmonic Society (£150,000); Tate Gallery (£125,000); Durham Cathedral (£100,000); Poetry Society (£83,000); Somerset House Trust (£50,000); Dance Umbrella (£20,000); Belfast Exposed Photography (£10,000); Whitegate Primary and Nursery School (£8,500) Seeing Ear Hastings (£6,000); Bafron Bowling Club (£5,000) Rochdale Foodbank and Strabane Community Unemployed Group (£3,000 each); Book Trade Charity (£1,000).

The Elephant

Trust