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Money Matters Fund

Hull CVS is pleased to offer grants between £1,000 & £5,000 to provide further capacity to Hull based charities, voluntary and community groups and other not for profit organisations who are currently delivering activity that helps support residents to alleviate financial hardship.

The Money Matters Fund will only consider supporting existing projects and activities that offer interventions to members of the public to help reduce hardship – this could include signposting, advice and training linked to budgeting, accessing personal grants and adoption of energy efficiency measures.

Any grants provided through this fund will need to be spent by 31st March 2024.

Groups who are already delivering financial hardship activities in their community can apply for funding to enhance or promote capacity to support members of the public.

The grant can be used to:

  • Unlock extra hours of resource for delivery of activity (paid or unpaid)
  • Increase volunteer capacity and expenses to expand the hours they are available
  • To support volunteer training to increase capacity
  • Increase marketing activity of the help available
  • Any group starting a new project
  • Groups requesting food for food banks
  • Emergency grants to individuals
  • Duplication of existing funding

A constitution or governing documents – We will need to see a copy of your governing document or a set of rules if your group has them. This allows us to check you are in a suitable position to manage the grant and deliver the activity that you are proposing.

We recognise that small self-help groups are often very informal and do not always have a Constitution. We also understand that this often means that it can be very difficult to access other grant funding; we are keen to support these types of groups.

If you need help with developing your constitution or set of rules then Hull CVS can help. To request support email enquiries@hull-cvs.co.uk or call 01482 324474.

A bank account – Your organisation will need to have a bank account in the name of the organisation/ group, which requires two signatures on a cheque or to draw money out of the bank.

If your group does not have an account of this nature and your application for a grant is successful, we will contact you to discuss the grant payment options.

Annual accounts – We will need to see a copy of your group annual accounts, if you have them prepared.

If your group needs help preparing annual accounts, Hull CVS and our partners in East Yorkshire can help. You will need them in the future if your group is going to apply for grants from other funders. To request support please email enquiries@hull-cvs.co.uk or call 01482 324474.

If your group does not have annual accounts we will ask to see a copy of a recent bank statement in the name of the group.

The Money Matters Fund will have a total funding pot of £40,000.  An initial funding round will be open from 15th December and will close on 19th January 2024.

To apply complete the online Application Form. Once you have completed the form remember to click the submit button at the end of the form.

If you are unable to apply on-line contact the Funding and Grants Officer via enquiries@hull-cvs.co.uk or call 01482 324474.

We will contact you within 10 working days to advise you that we have received your application.

Eligible applications are considered by the Money Matters Fund Grants Panel which is made up of representatives from the Hull City Council, Hull CVS and Citizens Advice.

You will be told the outcome of your application within one week of the panel meeting which will usually be held one week after the application deadline.

If your application is successful, you will be asked to verify the identity of two of your committee members and also sign a grant agreement, before we can send you your grant payment.

The grant agreement will include monitoring arrangements which include evidence of marketing resources which show the expansion in your reach of services and/or evidence of increased numbers of hours provided.

Successful applicant or a representative from the group will be expected to attend a Money Matters learning event in March (date to be confirmed). Failure to do so could result in a request to repay the grant.

Once you have received your grant you will also be asked to sign a grant receipt.

If your application is unsuccessful you will be told why and offered information about other grants that your group may be eligible to apply for.

Any personal details which you give us as part of this application process are solely for the purpose of administering the Money Matters Fund and our accounting; unless you ask to receive other mailings from Hull CVS.

If you are unhappy with the decision regarding your application for a grant, and you think it was not given fair consideration, you must contact the Funding and Grants Officer via enquiries@hull-cvs.co.uk or call 01482 324474.

Your reasons can be discussed at a remote panel meeting who will make a final decision.

If you are unhappy with any other aspect of the way your application is treated, you can complain in writing. Your complaint will be considered in line with Hull CVS Complaints Policy.

If you would like any further help or assistance to apply for grants for your group, or if you would like help to set your group, please get in touch with us via enquiries@hull-cvs.co.uk or call 01482 324474.

Application Form

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