Charitable organisations can be situated either in the UK or overseas but must be registered as a charity with the UK Charity Commission and will principally be educational bodies or aid organisations involved in projects supporting educational and development initiatives, including the promotion of world peace and development. All grants made by the Trust are project based and must have an educational aim, element or content. In general the Trustees will not consider applications for core funding or the construction of buildings in the UK. Overseas, however, the Trustees will consider funding aid projects e.g. water treatment, food and medical supplies or the provision of basic facilities that are the pre-requisite of an educational or development initiative.
Grants made to charities during the year will vary both in size and amount, and will probably total between £5 million and £6 million. The amount of the grant is entirely at the discretion of the Trustees and no reason for giving, withholding or offering a partial grant will be made.
- Grants to charities will be on a matching funding basis only so that if the applicant has raised 50% of their budget the Trustees will consider awarding matching funding up to a maximum of 50%. However, if the applicant has raised less than 50% of their budget the Trustees will only consider awarding a maximum of 30% funding.
- Evidence of actively seeking funds from other sources is seen by the Trustees as being a beneficial addition to any application.
The Trustees will consider applications in respect of two categories of students:-
- Those considering embarking on a gap year may be awarded a grant of £300 towards their expenses. No more than 165 such grants will be made each year on a first come first served basis. Grant cheques will not be paid to the applicant, but to the administrators of the project in which the applicant proposes to participate.
- Postgraduate PhD students, whether from overseas or from the UK, may be awarded a grant to help meet tuition costs, but only in respect of the last year of their course. Grant cheques will not be paid to the applicant but to the University at which they are studying.