Please review the funded projects under the grant theme Raising the Next Generation.
We are always looking to receive applications which use memorable, innovative, and or creative ways of delivering financial life skills which will make a lasting impact on the way people think, behave and manage their money.
Check out what the Trustees and the Grant Advisory Panel particularly liked about the projects featured.
Your Own Place is a social enterprise based in Norwich. Their mission is to prevent youth homelessness by equipping young people with the skills, confidence and knowledge to live safely and securely by developing financial, tenancy, employment and independent living skills.
Our funding enabled Your Own Place to deliver three Tenancy & Independent Living Skills (TILS) courses in King's Lynn, Thetford and Great Yarmouth to young people at risk of homelessness.
With two trainers as well as one peer trainer, each course lasted three days. They used experiential, innovative, engaging and dynamic youth work skills to develop skills and confidence. They trained 21 young people in budgeting, saving, tenancies, housing options, debt and APR, where to get help, financial confidence and furnishing their own home.
Thanks to this grant Your Own Place are now receiving more commissions in these localities, and are able to reach more vulnerable young people.
We particularly liked that young people attending Your Own Place's TILS course, gained practical skills, and it gave them the opportunity to receive ongoing support.
Food is Fun is a not-for-profit Community Interest Company based in Plymouth. Their mission is to improve the health and mental well-being of people of all ages through practical food-based interventions.
Our funding delivered pop-up Budgeting and Cookery courses to 31 parents within five primary schools in some of Plymouth's most disadvantaged areas.
Parents learnt practical skills on how to prepare and cook a healthy balanced diet for the whole family on a budget. They learnt how to use and value their money and limited resources more wisely through lessons in shopping, menu planning and food budget management skills. Parents learnt how to shop with children in a way that was both fun and educational. They were taught then how to cook with their children to improve relationships and conversations at home and to engage children in cooking. At the end of each session the children were encouraged to taste the food that had been prepared. The children were really proud of their parents cooking, which was an unexpected outcome.
We particularly liked that this Food Is Fun project enabled parents and their children to relate money management skills into everyday activities.
Urban Community Projects is a registered charity based in the Canetelowes Ward, Camden, in London. They empower local people to create, inspire and build stronger communities to improve their life chances.
Our funding enabled two youth Money Matters courses to be delivered,each comprising of a series of six two hour workshops, and two specialist Camden Credit Union sessions. 36 young people weretaught how to improve their financial literacy skills.
Key areas covered included: bank accounts, different forms of credit and savings, credit cards, budgeting and managing money. Applying for and managing student loans, career development loans to student to business start-up and investment clubs were all covered.
Partnership work with their local Credit Union gave greater exposure to the work they do, and provided the young people with alternative options of affordable credit and different ways of saving.
We particularly liked that Urban Community Projects spent a lot of time and effort recruiting appropriate beneficiaries, which is a good example of community partnership. They integrated our beneficiary Your Money Survey into an online learning opportunity within the project.
Faithworks Wessex is a local independent Christian charity, based in Bournemouth, Dorset. It is passionate about helping people not only get out of crisis or isolation, but 'journeying' with them until they thrive. They love to find practical solutions around Food, Finance, Home or People.
Our funding enabled Faithworks to deliver Quidz In courses to 19 parents of young children in a local Childrens' Centre. They delivered quarterly workshops at the Probation Hub to 71 ex-offenders. Theproject reached out further to deliver multi-media financial capability sessions to 750 first year students at Bournemouth & Poole College.
The impact of this project has enabled the Money Matters team to access further opportunities with local schools and the YMCA, to widen their reach. They have been able to support beneficiaries with increased knowledge and supported further those who needed 1:1 support.
We particularly liked that this Faithworks Wessex project was ambitious in how much could be achieved with our grant, their passion and ability to be flexible opened doors to enable a far wider reach.
Stroud Beresford Group is a local, independent charity that provides Gloucestershire's only women's refuge alongside a range of other services aimed at preventing domestic abuse or supporting those at risk.
Our funding enabled Stroud Beresford to support 37 financially vulnerable women residing in two refuges to gain financial independence and resilience skills. This support was provided in weekly Money Management workshops and 1:1 support for women to help them through the three phases of their residency at the refuge: Crisis support on arriving at the refuge, building money skills and confidence whilst living at the refuge and thirdly supporting money and budgeting skills to move on from the refuge. Over the year women were supported to claim £642,606 in benefits and grants.
Collaborating with local agencies such as Stroud Food Bank, Stroud Credit Union and Furniture Bank to further support women transitioning towards independence.
We particularly liked that Stroud Beresford Group enabled women to gain financial skills and confidence to help them move from crisis towards independence.
It’s Your Choice is a registered charity, based in the New Forest in Hampshire. They provide free confidential information, support, advice and counselling for young people, aged between 12 and 25 years old.
Our funding supported delivery of 12 one off workshops attended by 169 young people and 3 x 6 week courses delivering one session per week, attended by 19 young people. 6 young peer co-workers received training, delivered by a financial capability worker from the local CAB together with youth advisers from It's Your Choice.
The young peer co-workers all played a part in the design of the course to ensure it would be relevant to other young people. They all participated in the delivery of the courses and gained paid work experience by doing so. All 6 young people confirmed the experience led to improvements in their own self- esteem and increased confidence in the way they managed their own finances. They also confirmed that participating in the project had resulted in enhancement of their CVs, and 5 went on to secure local employment.