Nearly £100,000 in capacity development funding has been awarded to seven charities working in the homelessness sector. Funded by the Albert Hunt Trust and managed by Homeless Link, the grants aim to improve charities’ access to capital funding.
Learning from the Homelessness Winter Transformation Fund showed that smaller organisations were less likely to be awarded capital funding. This was due to an inability to show fully developed plans for such work. The aim of this Capital Capacity Fund is to therefore give smaller charities opportunities to develop plans. This may include working alongside industry experts and freeing up staff time to focus on preparing for capital projects.
Those who were awarded funding include
- Refettorio Felix at St Cuthbert’s Centre
- 999 Club
- Catching Lives
- Shiloh Rotherham
- Hope at Home
- Barnabus Manchester.
Funded work will cover a range of activities such as feasibility studies, conducting property searches and developing capital project plans with industry experts.
Jane Deller Ray, Operations Manager said:
I’m excited that we can announce the seven grantholders as part of the capital capacity fun. As a long term core funder of charities working with the homeless, the trustees sought guidance from Homeless Link to explore alternative funding opportunities that could potentially lead to transformative change.
Smaller organisations with aspirations of capital development had been identified by Homeless Link and the trustees agreed to provide a fund to help develop these plans. We look forward to seeing what work is done with these grants.
Rick Henderson, CEO of Homeless Link said:
This is a fund that seeks to level the playing field for smaller charities accessing capital funding. We’re looking forward to the learning that comes from this fund and are grateful to the Albert Hunt Trust for their support.