Fundraising from Grant Making Trusts

What is a trust and how do I apply to one?

A trust is a fiduciary relationship whereby a person or persons (trustees) holds and manages property for the benefit of one or more others (beneficiaries).

OK. But what does fiduciary mean?

Fiduciary means 'in good faith' or 'in trust'. So this means trustees of a trust have to act in the interests of the trust. A trust's purposes and rules are set out in its governing instruments.

So how does my organisation apply for a grant from a trust?

First of all you need to define the need that you would like to be met. For example, for general purposes, for a special project or for a building or equipment. Only then can you identify prospective funders.

Can you tell me about the application process?

You must make an honest application and do not mislead the trust that you are applying to in any way. You should ensure project timescales fit in with the assessment plans of the trust and you should explain how the project will be monitored.

What should I do if the application is accepted?

News of an accepted application ought to be acknowledged promptly, confirming the purpose of the grant and thanking the trustees.