Similar to the Coronavirus Business Interruption Loan Scheme, the government has confirmed that charities are also eligible for smaller ‘bounce back’ loans of between £2000-£50,000, which the Chancellor announced in April. The requirement for businesses to generate ‘50% income from trading’ does not apply to charities. Find out more.
The Edward Gostling Foundation supports charitable organisations that work with people living with a mental and/ or physical disability or long term illness. The Foundation has suspended its usual criteria for grant-making during the COVID-19 crisis, to concentrate on helping smaller charities providing frontline community services. It will be awarding grants of up to £10,000 to eligible charities with less than 6 months’ worth of free reserves, to support core operating costs. Click here for further details, guidelines and how to apply.