Almost 40% of charities found themselves in a deteriorating financial position.
COVID-19 and its Devastating Impact on Charities
On January 23rd 2020, the first positive COVID-19 case was recorded in the UK. A year on, the country had seen almost four million cases and over 100,000 deaths due to COVID-19. National lockdowns and social distancing have had a fundamental effect on how we live our lives. By November 2020, 1.72 million people in the country were unemployed. It was estimated in October 2020 that 6 million UK small businesses and 16 million jobs were in a financially precarious position due to the pandemic.
All of these factors will have a devastating social impact on the UK for years to come.
The pandemic has only served to heighten inequalities, leaving the most vulnerable people in our society more in need than ever before. National and local charities provide a bedrock of support that isn’t available elsewhere. The pandemic has meant that traditional fundraising avenues, particularly for small charities, are no longer available. A survey carried out in October 2020 found that eight out of ten charities believed that the pandemic would have a negative impact on their ability to deliver planned objectives. Almost 40% of charities found themselves in a deteriorating financial position. This is against a backdrop where a majority of charities expect demand for the services to increase due to the impact of local lockdowns, and rising unemployment.
Pete Palmer, COVID Reflections Charity Trustee
Covid Reflections’ purpose is to raise money to provide support to people who have been disadvantaged as a result of the Covid-19 pandemic. We do this by issuing grants to individuals, charities or other organisations who are working to lower the impact of Covid-19.
Please make sure you have read through our grant making policy which sets out what we will expect from you should you be successful in applying for a grant.
If you want to have an informal chat about any application you may be considering, then please contact us on firstname.lastname@example.org and we’ll be happy to get in touch.
Once we’ve received your application, we will:
- Reply to you within 24 hours to confirm that we have received the application.
- All applications we receive will undergo an initial assessment at our monthly grant review meeting. This initial review is to ensure that your applications meets the charity’s criteria, and that the request has been made appropriately. Every applicant should therefore know whether they are through to the next stage within a month.
- If approved at the initial assessment, the charity may request further information from you to enable us to conduct detailed due diligence in order to do all we can to prevent fraud and mismanagement. We will use a number of different methods ensure the veracity of your bid, including but not limited to checking:
- Charity commission
- Social media
- Web presence
- Governing documents and annual reports and accounts for registered charities
- A final assessment and grant award decision will be made by the Trustees once we have conducted due diligence. Funds will be made available shortly after Trustee approval. We would expect the entire process to take between 1-3 months to complete.
- As part of the process applicants will be requested to report to Covid Reflections on the success of funded projects, including the benefit that has been realised with the grant.
If you want to have an informal chat about any application you may be considering, then please contact us on email@example.com and we’ll be happy to speak to you.