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Grants are available for charities and educational institutions that support those under the age of 18 years, and living with a mental health problem, physical disability or growing up in poverty through the mediums of sport and education.

Funding body: The Hargreaves Foundation
Maximum value: Discretionary
Application deadline: None specified

Background
The Hargreaves Foundation is a grant-making charitable foundation set up in 2020 by Peter Hargreaves and his family. Peter Hargreaves co-founded Hargreaves Lansdown, a financial services firm, and remains the single largest shareholder of the firm. The Foundation is funded through a transfer of shares held by Peter Hargreaves totalling around £100 million, with the intention of adding additional funding over time.

Objectives of Fund
The funding is intended for projects that give those under the age of 18, and living with a mental health problem, physical disability, or growing up in poverty, the opportunity to fulfil their potential, improving wellbeing, self-esteem and independence.

 Value Notes
Funding is at the discretion of the Trustees.

The Foundation aims to distribute a total of around £2 million in grants per year.

 Who Can Apply
Organisations from across the UK are eligible, but priority will be given to organisations based in and/or working in the South West.

The following organisations can apply:

  • Registered Charities or Charitable Incorporated Organisations.
  • Schools and Further Education Colleges (usually exempt charities).
  • NHS Trusts.

To be eligible for funding organisations must:

  • Be low risk with a formal structure.
  • Have at least one set of published accounts at the point of applying.
  • Have a bank account in the organisation’s name with at least two unconnected signatories.

Location
United Kingdom, with priority given to the South West

Restrictions
The following are not eligible for funding:

  • Individuals.
  • Social Enterprises.
  • Community Interest Companies.
  • Private Companies.
  • Local Authorities.
  • Crisis funding.
  • Core funding.
  • Items or projects which statutory bodies have a duty to fund.
  • Feasibility studies/consultations.
  • Retrospective costs.

Eligible Expenditure
The Foundation funds activities that achieve one or more of the following objectives:

  • Enabling individuals to experience the mental and physical health benefits of participatory sport.
  • Ensuring participatory sport is accessible (accessibility includes affordability).
  • Providing sporting or educational activities that foster life skills.
  • Aiming to improve academic engagement and attainment.
  • Encouraging the development of skills and personal attributes to aid future employability.
  • The majority of those benefiting from the project/using the items must be from the Foundation’s target groups, which are those under the age of 18, and living with a mental health problem, physical disability, or growing up in poverty. Those living in poverty are defined as “those eligible for free school meals or college bursary for those aged between 16 and 18 years.” If the activity is a mixed age project, those aged under 18 must be in the majority.

The following types of activities are eligible:

  • One-off, time-limited (less than six months) projects or events.
  • Training for staff/volunteers.
  • Residential activities.
  • Events.
  • Grants will only be allocated to fund defined projects, initiatives or the purchase of specific items and wherever possible payments will be made directly to suppliers. Contributions to larger projects will be considered but will need clear attribution and the Foundation will not pay the grant until all the other funds needed are secured.

How To Apply
Applications are accepted at any time and must be submitted online.

Guidelines and the online application form are available on the website of the Hargreaves Foundation.

Some smaller grant applications for £10,000 or less may be approved by the Trustees after the first Trustees Review.

When organisations are applying for larger grants, the Foundation will request further information (eg, budget, quotations, policies, plans) and undertake site visits or face to face meetings before making a decision.

Useful Links
The Hargreaves Foundation