Merchant Taylors’ Consolidated Charities for the Infirm (“Merchant Taylors’ CCI”) (registered charity no. 214266) is a grant-making charity whose Trustees are appointed by the Merchant Taylors’ Company.
Merchant Taylors’ CCI only funds registered charities. It does not accept applications from or on behalf of individuals.
In principle Merchant Taylors’ CCI funds things in the following categories, (subject to the policy preferences below):
- Category 1 – things of benefit to people who are elderly; or
- Category 2 – things of benefit to people who are in financial hardship and have at least one of the following characteristics:
- with physical or mental health issues
- living with a disability and/or a developmental condition (for example, being on the autistic spectrum).
In Category 2, we treat the financial hardship aspect as satisfied if it can reasonably be assumed that most beneficiaries are likely to be in financial hardship. In such cases you will help your application if you include a sentence explaining why you think it is reasonable to assume this.
Policy preferences: general
We never fund:
- “bricks and mortar” projects – for example, building a new ward for a hospice
- charities whose main method of operation is making grants or loans to individuals.
- medical research
- applications from individuals. (This includes where the application is to fund the individual’s cost of participating in a charitable activity, eg, environmental work outside the UK).
Policy preferences: geography
Our strongest preference as to geography is for work which mainly or exclusively benefits the following London boroughs: Tower Hamlets, Hackney, Lewisham, Southwark.
Our second preference is work which mainly or exclusively benefits London boroughs sharing a border with a borough in the list above.
Our third preference is much weaker: work mainly or exclusively benefitting Greater London
Our fourth preference is weaker still: work mainly or exclusively benefitting just a part of Greater London (not the whole), but that part does not fall under the first two preferences above.
National charities only have a chance of receiving funding if it is for a particular project which falls within the first two geographical preferences above.
Policy preferences: type of work you ask us to fund
Our first preference is to fund either projects with a clear outcome, or a proposal which in some way will help your charity become significantly more resilient, or more efficient, or better at achieving its charitable purposes, or which will seed a beneficial knock on effect beyond your particular charity’s beneficiaries.
However, we are open to funding general running costs (‘core costs’). If that is what your charity really needs, we would much prefer you to tell us straightforwardly than to try and shoehorn your application into the preference above.
Policy preferences: size of grant
Our grants are often in the range £5,000 – £20,000 in a single year. However, we are open to requests for more where an applicant’s proposal in some way will help their charity become significantly more resilient, or more efficient, or better at achieving its charitable purposes, or which will seed a beneficial knock on effect beyond their particular charity’s beneficiaries.
Policy preferences: finances and size of charity
Our top preference is to fund charities with an annual income of less than £100,000. Our second preference is for charities with an annual income in the range £100,000 – £500,000. We have very occasionally funded national charities where their proposal was to deliver a service mainly benefitting people in our top preference London boroughs, which we felt would make a big difference to those beneficiaries, and there was no one else likely to provide those beneficiaries with anything similar.
Funding in more than one year?
In appropriate cases we will consider ‘conditional track’ funding for up to three years. Our standard grant award letter explains how this works, using an example based on two years:
“This grant is on our ‘conditional track’, of which this is Year 1. This means that your charity is not guaranteed repeat funding in Year 2. However, we are hereby inviting you to re-apply for this specific funding purpose for Year 2, by way of the report on Year 1 referred to in the attached terms and conditions of grant. If in our Trustees’ opinion that report demonstrates satisfactory use of funds in Year 1, we would award you £X for this same purpose in Year 2….We require charities to leave at least one ‘fallow year’ after the final year named above, before lodging any fresh application for funding. We will enforce this rule even if your charity is in financial difficulties, the project we have funded is under threat, or employees might lose their jobs. The reason is to discourage dependence on our funding. We also hope that you use the years referred to above positively to build other funding sources. Lodging a fresh application in the year after the ‘fallow year’ might indicate that you had not taken advantage of that opportunity fully. We receive many more good quality applications than we can afford to fund, and cannot guarantee that any fresh application you submit would be successful. For these reasons, your charity should start planning well ahead how you would fund this purpose in Year 3 and Year 4, and perhaps indefinitely, without our support. Our Trustees will expect you to summarise your plan in your report on Year 1.”