The Rank Foundation Covid-19 Recovery Fund

Support provided by Rank Foundation

What does this involve?

The Rank Foundation’s Covid-19 Recovery Fund strand will support 200 charities and social enterprises with urgent and immediate financial needs. This includes organisations that are facing unprecedented demand for services or those that are facing a significant reduction in income as a result of the pandemic.

The funding can cover (but is not limited to) staff salaries, project running costs, general running costs and overheads, and goods and equipment which would not be capitalised.

Core grants of up to £25,000 per organisation are available to help to retain vital community services and to create resilience.

The funding must be disbursed and spent by grantees by 31 March 2021.

Am I eligible?

Yes, if you are a member of the Rank network (RankNet). Prospective organisations should either be currently in receipt of Rank funding or previously in receipt of Rank funding.

Unfortunately, Pebble Grant recipients are not eligible for a RankNet invitation. New organisations will only be invited to apply when recommended directly by a Rank Executive. This is a rare exception.

In line with DCMS requirements, funding is prioritised for organisations based in England at this time. Applications from Scotland, Northern Ireland and Wales will be considered, but grant applications will be assessed and evaluated by location.

Applications for funding for the following purposes will not be considered:

  • Using grant funding to petition for additional funding
  • Payments for activities of a political or exclusively religious nature
  • Payments to carry out long-term research
  • Goods or services you have a statutory duty to provide
  • Contributions in kind (that is, a contribution in goods or services, as opposed to money)
  • Interest payments
  • Gifts to individuals other than promotional items with a value of no more than £25 per year to any one individual
  • Statutory fines or penalties
  • Purchasing buildings or land

What does this cost?

There is no cost to apply.

Who is this for?

UK charities and social enterprises with urgent and immediate financial needs due to the coronavirus (Covid-19) pandemic. Organisations in England will be given initial priority, but applicants from Scotland, Northern Ireland and Wales will also be considered.

How long does this take?

Funding must be granted, disbursed and spent by 31 March 2021, so eligible organisations are encouraged to apply promptly.

Important information

Organisations in England will be given initial priority at this time, but applicants from Scotland, Northern Ireland and Wales will also be considered.

There is no public application form. All applications must be made through the members-only RankNet platform.

The grant must be disbursed and spent by grantees by 31st March 2021. Monitoring and checks will be in place to ensure this is adhered to.

Grant guidelines for this fund is minimum application £10,000 up to the full £25,000.

If your application is successful, you will be required to adopt Upshot. Upshot is a monitoring and evaluation tool that all successful applicants will be required to complete throughout the duration of the grant period. Online training will be provided.

Before applying, you should read and agree to the application Terms and Conditions.

Next steps

Visit the Rank Foundation website for more information and to apply.

Support provided by Rank Foundation

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