The next round of the Money Saving Expert’s grant funding, which has as its theme "Raising the Next Generation", will focus on projects across the UK that focus on building financial capability skills among children and young people and families. This can include:
o Lone parents.
o Providing a Family outreach service.
o School-based work, and/or
o Victims and survivors of domestic abuse.
Potential applicants can use the Eligibility Checker on the Fund's website to see if their project is suitable for the January 2023 round. The grant round will close early once 40 applications have been accepted,
The MSE Charity is particularly interested in funding projects which use memorable, innovative, and or creative ways of delivering financial life skills which will make a lasting impact on the way people think, behave and manage their money.
MSE is a modest grant-making charity that makes a limited number of awards each year. For example, in the September 2020 round, the Charity made 9 grants totalling £58,467.
Details of some recent grant awards are available on the MSE website.
Grants of up to £7,500 are available. While matched funding is not essential, applicants applying for a project with a total value of over £7,500 will be expected to demonstrate where the remainder of the funding will come from. Full-cost recovery can be included in an application, but must only relate to the project being applied for (rather than for ongoing or core running costs). The National Lottery Community Fund website contains a useful explanation of full-cost recovery.
Funding is not available for:
o Capital equipment such as laptops, projectors or other electronic devices.
o Projects that only provide debt advice/management, or
o Statutory agencies.
Further information, guidance, an Eligibility Quiz and an online application form can be found on the MSE Charity website.
The theme for the January 2023 funding round is “Raising the Next Generation”. The funding round opens on Tuesday 3rd January 2023 with a nominal application deadline of Tuesday 31st January 2023. However, the application window will close as soon as 40 applications have been accepted, which may be within hours of the window opening.
Applications will be reviewed on Tuesday 7th March 2023 and decisions emailed to applicants on Tuesday 21st March 2023.
Future Money Saving Expert funding rounds have the following themes:
1. Life Changing Transitions: opens on 4th September 2023 with an application deadline of 29th September 2023.
2. Living with Long-Term Challenges: opens 2nd January 2024 with an application deadline of 31st January 2024.
3. Building and Developing Resilience: opens 2nd September 2024 with an application deadline of 27th September 2024.
