The Fund is open to charities with an annual income below £5 million and will provide grants ranging from £1,000 to £250,000 to cover day-to-day running costs. This is the first time the philanthropic couple have accepted direct funding applications from charities, with the aim of supporting around 200 sites across the UK.
“The last few months have proven very difficult for individuals and organisations across the country, and in particular for charities who have seen their regular sources of funding dry up,” Julia and Hans Rausing note in a joint statement.
“The Charity Survival Fund is designed to provide financial aid for many small and medium sized charities that are facing financial hardship. Their work is needed now more than ever, and we hope this new Fund helps bridge the financial gap until usual sources of income return to the sector.”
The deadline for applications is 27th July, with a formal announcement of the charities who have been awarded funds scheduled for September.
More information on how to apply can be found here.