We admire these smaller groups for their passion and determination to make a difference and by providing some funding, we help these groups become sustainable or expand their work.
All the charitable fundraising that Experian staff in house is donated to the Heart of Experian Charity Fund. Every quarter its Trustees meet to look at the applications received from small organisations throughout the UK.
In order to be eligible for an award projects/organisations should meet most or all of the following criteria. Failure to meet a number of the criteria won’t necessarily preclude you from being awarded a grant but it will make it less likely. If these criteria are met or largely met your application will then be assessed on its merits.
Our grant criteria
Schools, local charities and community groups
Your organisation, and project, must meet these conditions:
You must be a school, a charity or a community group, but not a national charity.
Your project must require funding of £5,000 or less from the Charity Fund.
Your project must have a charitable purpose. If you are unsure if you meet this condition, see https://www.gov.uk/government/publications/charitable-purposes
Your project must benefit the community as a whole and not support individuals.
If we make a donation, it must make your organisation, or the project itself, more sustainable.
You must agree to provide a report on your project within 6 months of completion of the project.
We look for the following when assessing grant applications:
Projects whose aims relate to financial inclusion, financial education, entrepreneurship or developing skills useful in business.
Projects that have a long-term benefit for the community.
Projects for which the organisation has secured match funding or resources from elsewhere, to either (a) reduce the amount applied for here or (b) pay for other project costs.
Projects that have a clear approach or strategy for attracting future funding or otherwise ensuring the continuation of the project.
Projects that can demonstrate that they have a project manager with appropriate experience to be able to successfully deliver the project.
For established projects, any donation that will be used to extend the project beyond its existing boundaries in terms of scope, number of beneficiaries and/or time frame.
We do not tend to award grants to cover salary costs, unless the group has a clear strategy for its future sustainability.
Groups that have not received funding from the Charity Fund in the previous 12 months.
We also take into account whether your organisation meets the following:
You had a gross income of £500,000 or less in the most recent full financial year;
You have a written constitution and a management committee;
You have your own bank account;
You have your accounts available on the Charity Commission website or you haveprovided a copy with your application;
You have unrestricted reserves that are less than 6 months’ running costs.
We require successful applicants to sign a Grant Award Agreement as a condition of us providing awarded funds.