Agenda item

Report of the Chief Grants Officer.

TheCommitteeconsidered a reportoftheChiefGrantsOfficer, which followed on from the Committee’s strategic away half-day held on 30th October 2015, during which the need to set more transparent criteria and a more structured process for the Trust’s pro-active grants and strategic initiatives was discussed.

Members discussed the report, noting that, with the increased budget agreed by the Court of Common Council, the proposed increase in the budget for strategic grants would not affect the monies available for the regular grants programme, nor the allocation to the Princes’ Trust. The Chairman emphasised that strategic grants were unlikely to be recurring, and Members agreed that a greater level of awareness needed to be achieved regarding the context of grants to enable the Committee to prioritise between potential strategic grants; to help organisations to be linked up, wherever possible; and to ensure that work was not being duplicated.  

RESOLVED – That:

(a)  the improvements, filters and prioritisation guidance for proactive grants, as set out, in the report be agreed;

(b)  up to 20% of the City Bridge Trust Committee’s total annual grants budget be committed through proactive grant-making (not including the £1m strategic grant to the Princes’ Trust); and

(c)  up to one-quarter of this 20% (i.e. 5% of the annual pro-active grants budget) be ring-fenced for the consideration of grant proposals that fall outside of the grants criteria, but which are informed by the broader evidence of need.