Published: 15th Apr 2021

The Lloyds Bank Foundation is to launch its racial equity funding for small and local charities that are led by and that support Black, Asian, and ethnic minority communities. The funding strand will open on 20 April, when charities can apply for two-year unrestricted grants of £50,000 alongside development support. The funding will be open year-round, meaning charities can apply at a time that suits them and will not be restricted by deadlines. The Foundation is looking to support charities where more than half of their Trustee Board self-identify as Black, Asian or minority ethnic, with an annual income of between £25,000 and £1m, and with a strong track record of helping people from minority communities across 11 complex social issues. Lloyds Bank Foundation for England and Wales is committing at least a quarter of its £9.5m grants budget in 2021 for small charities led by and for Black, Asian, and … (To read the full article, subscribe below)