Working for a fairer society is at our heart and guides all our activities. By working in partnership with the NHS and Hackney Council, as well as using funds given by residents and businesses, we have distributed more than £2.7 million to the voluntary sector locally since April 2020.
Our grants have included support during the COVID-19 pandemic and more recently with the cost of living, as well as funding activities that bring people together. We are a responsible and trusted grant-maker with a solid track record.
Donations of funds from individuals and businesses are held in a central Hackney Giving grants pot until there is enough money to hold a grants round. When an organisation wants to distribute a larger amount, we work closely with them to develop grants criteria that match their priorities for the funding.
We also offer ways for businesses to give goods or volunteering support to not for profit organisations working in Hackney and the City of London, via Match My Project.
Organisations supported by Hackney Giving must be run on a not for profit basis. Each time we run a grants round, we publish clear guidelines on who can apply and the type of project that will be funded.
We are an open and transparent funder and publish our grants data on 360Giving.
City Bridge Foundation supports Hackney Giving with a core grant, which means we have the staff in place to run the programme. We gratefully acknowledge the contribution of the Foundation.
We add an administration fee to bespoke funding programmes. This allows us to increase our staffing capacity in order to deliver the work.
Donations from the community are split: 12% is retained as a contribution to the cost of running the programme. This includes vital elements such as financial management, publicity, IT costs – even the website you are currently reading. We are able to benefit from Gift Aid on donations from many individuals, which more than covers this contribution.
88% of the value is given to community use: 75% is allocated for immediate spend and 13% goes into the Fund for City and Hackney, an endowment that we are developing. This, effectively, is “saving up” for the future: growing the value of an invested fund so that it can be a long term source of funding for the area.
Please contact us for more information or sign up to the Hackney Giving newsletter to hear our news.
