You can download the full guide using the link at the bottom of the page.
The COVID-19 outbreak has led to a significant increase in individuals requiring urgent financial support. As a result, many organisations are considering setting up funds to try to meet this immediate need.
While it is encouraging to see new funds being established, it is important they are managed effectively to operate efficiently and best meet the needs of individuals.
As the UK’s umbrella body representing benevolent funds and grant-giving charities, we have identified a list of key considerations and what we believe are the minimum requirements for establishing grant-making operations to support individuals.
We also address how common grant-making requirements have changed in light of COVID-19, sharing how charities are adapting their usual procedures and the importance of being flexible in order to continue to support individuals effectively.
If you wish to assist individuals, couples or families at this time you may want to consider working with existing ACO grant givers who already have the infrastructure established to award grants to individuals.
However, if you are planning to distribute funds yourself, this guide lists some of the key issues you should assess.