Agenda item

The Committee received a report providing statistical analysis of grant applications received in the first three years of the Investing in Londoners grants programme (September 2013 to August 2016). In this period 989 grant applications were received and 461 grants awarded for a total amount of £35,685,515. This was an average success rate of 54%, which suggested that guidance was sufficiently clear and the improved application process was helping applicants to make appropriate requests.

The core applicants to the City Bridge Trust were smaller medium sized organisations (income of £100k to £500k), but there was a good spread of grants to organisations with incomes ranging from £10k to £10m. Although there were issues regarding resourcing, financial viability, and CBT grants being proportionate to a charity’s size, the most common rejection reason amongst all income sizes was that applications did not sufficiently address the Trust’s priorities. Members discussed the geographical distribution of grants awarded and of beneficiaries, having regard to the limitations to the data, and noted that overall there was a relatively good correlation between Trust’s ranks by spend and relative rank in the Indices of Multiple Deprivation.

RESOLVED – That the report be noted.