Funded by Money Saving Expert, the MSE Charity aims to break the cycle of debt. The Charity aims to fight financial and consumer illiteracy and is dedicated to educating and informing adults and children about consumer and debt issues.
Applications must be aligned with MSE Charity's vision of funding activities which make a lasting impact on the way people think, behave and manage their money.
Applications will be accepted from UK registered charities, community interest companies (CICs), not-for-profit companies limited by guarantee and social enterprise companies.
To be eligible, applicants must have:
- An annual income of less than £750,000 and less than six months free, unrestricted reserves.
- Been established and active for at least 18 months.
- A governing document (a constitution, rules, or articles of association).
- A governing body of at least three unconnected individuals.
- A bank account in the group’s name with at least two unconnected signatories required to authorise payments.
- An Equal Opportunities Policy.
- A Child Protection Policy or Vulnerable Adults Policy, as appropriate.
The funding is intended for a wide range of not-for-profit organisations in the UK for activities related to increasing personal financial capability. Project activity costs must relate to future service delivery, that is pro-active in delivering financial life skills, money management education and/or debt avoidance.
MSE Charity defines financial capability as the ability to manage money well – both day-to-day and through significant life events, such as: having a baby; moving home; unexpected job loss; bereavement; major illness or injury. It gives people the confidence and knowledge to make the most of their money and improve their lives. This means addressing all the factors that influence people’s behaviour around money: skills and knowledge, attitudes towards money, motivation to take action, and accessibility to financial services.
How to Apply:
- Pre-Application - Grant Eligibility Quiz: a self assessment tool to determine if the organisation and project meets MSE Charity’s general grant criteria. If successful, applicants will unlock access to the Stage 1 form.
- Stage 1 - Outline Proposal: a brief application that enables applicants to tell about their organisation and the activities they would like funded. This should provide sufficient detail for the Grants Advisory Panel (GAP) to assess if it would be suitable for The MSE Charity to consider funding.
- Stage 2 - Full Application: short-listed applicants are sent a link to complete a full application form with approximately one month to complete.
The timeframe for the Summer 2024 grant round:
- 31 July – closes for Stage 1 Outline Proposals. The closing date may be earlier if too many Stage 1 proposals are received. You are advised to submit your application as soon as possible.
For full details, please visit the MSE Charity website.