The Charitable Foundation has identified two focus areas through which it aims to drive social impact. These focus areas align with our sole funder Skipton Building Society’s charitable giving framework, and more information can be found by following this link to the Skipton Building Society website.
Helping people experiencing hardship and/or underserved groups to:
- access a place to call home
- and improve financial wellbeing
The trustees will select charities based on their alignment with one or both focus areas.
They have three target outcomes which supports the Foundation’s purpose of helping people experiencing hardship and/or underserved access to a place to call home.
The trustees will prioritise charities supporting people in the top 50% of the UK Index of Multiple Deprivation. The target outcomes include, people have:
- Access and support into a safe and secure permanent or temporary place to call home: The Foundation want to support charities that enable people most in need to live independently.
- Access and support into a safe and secure home in times of crisis: Enabling people into temporary accommodation in emergency situations such as homelessness or a health crisis.
- Access to a safe and secure place in the community: When ‘home’ doesn’t feel like home – people need somewhere to go to receive appropriate help and wellbeing support. For some people a community centre, charity hub or simply a safe space feels like home, so the Foundation want to make sure these services continue to thrive.
They have three target outcomes which support the Foundation’s purpose of helping people experiencing hardship and/or underserved groups to improve financial wellbeing.
The trustees will prioritise charities supporting people in the top 50% of the UK Index of Multiple Deprivation. The target outcomes include, people have:
- The support needed to prevent and/or address financial difficulty: The Foundation want to support charities who provide help and guidance on how to manage money and improve financial wellbeing
- Access to financial education: Many people throughout the UK don’t have a good understanding on how to manage their money, and the Foundation want to change this through education. That’s why they are looking to support charities whose work will support financial independence and education
- Better digital competence to enable financial wellbeing: It is important that people are confident with digital platforms to manage their money, likewise it’s increasingly important that people know when something online may be a scam. The Foundation are looking to work with charities who support people to navigate the digital world especially where it relates to managing money
If your charity’s mission meets one or more of the Foundation’s target outcomes, the Foundation will consider funding core costs, for example:
- Staff salaries or hiring additional team members
- Overhead expenses such as rent or utilities
- Scaling up successful programmes or developing new ones
- Investing in infrastructure or technology to improve operations
