The number of projects which can be supported by the Laura Hyde Foundation is, of necessity, limited to the amount of funds available for distribution in any year.
In awarding grants, the Trustees will apply the following principles:
• Applications from any geographical area within the UK (but not overseas) are eligible for consideration.
• All applications from previous recipients of grants or from previously unsuccessful applicants will be considered by the Trustees on their own merits. Although the Trustees will have regard to the outcome of the previous application, any new application will in no way receive preferential or adverse consideration. In the case of a second or subsequent application, the Trustees would expect to see evidence of active fundraising and/or other support for the organisation since the previous award was made.
• The organisation will not save in exceptional circumstances make individual awards for sums in excess of £5,000
• The organisation will willingly work in partnership with other organisations to fund initiatives beyond the financial scope of a single organisation
All applications for grants should be completed in conjunction with this policy. They must be made by using the on-line application form on the organisation’s website or by sending a hard copy of the application form (which can be downloaded on the website) to The Laura Hyde Foundation , 3 Hornes Place, Moreton in Marsh, Gl56 0JX
Before awarding a grant to any individual, the Trustees require that the application should:
• Inform the Trustees of the purpose of the application and the way in which the grant will be used;
• Inform the trustees of the expected return or outputs that the grant made will deliver • Inform the Trustees of the names and full contact details of two referees who are prepared to support the application;
• Provide adequate information regarding the identity of the applicant
• Be signed or verified by the applicant to confirm that all information provided is correct.
All grant applications will be subject to initial assessment to ensure they meet the basic criteria for funding.
Applicants must be prepared to provide such other information as the Trustees may reasonably require in order to assist them in their decision-making process. Grants will be considered by the Trustees at their meetings, and the Trustees will aim to write to all applicants informing them of the outcome of their application for funding within four weeks of receipt of a complete application (including all necessary references.
Urgent applications will be considered as soon as possible.
Applicants should note that, as with many other charitable trusts, the Laura Hyde Foundation receives far more applications than it has funds to support.
Even if an application fits within the criteria and priorities of the organisation and a detailed assessment has been made, the organisation may still be unable to provide a grant. The Trustees will not be obliged to provide an explanation to the applicant should his/her application be unsuccessful.
It is the policy of the Trustees to monitor all grants made. To this end, before a grant can be confirmed, conditions may be stipulated appropriate to the application and progress may be assessed against agreed targets and/or milestones.
If the grant is payable in instalments, then payment of subsequent grant instalments may be dependent on satisfactory progress having been demonstrated and the Trustees reserve the right to withdraw the grant on receipt of unsatisfactory progress reports.
Failure to submit reports at the time specified by the Trustees may also jeopardise the continuation of the organisations support.
The grant recipient should inform the organisation of any extenuating circumstances whereby the submission of any report is delayed, to allow a mutually acceptable date for submission to be agreed.
The Trustees also expect to receive copies of any published articles, papers or other outputs which may result from the grant