News

Important information regarding grant payments

The Trust is amending the way in which it pays its grants. In future all revenue grants will be paid on a quarterly basis (i.e. each year's grant will be split in to 4 payments) although payments will still be made in advance. Any specific terms and conditions on individual grants will of course still apply.

This will affect those of you who hold revenue grants from the Trust - it does not apply to capital grants (i.e. for building works, minibus purchase etc) nor to grants for one-off costs (e.g. a conference or an access audit).

We are amending our payments in order to comply with requirements set by our auditors - indeed, quarterly payments are now common with many other funders. We will also be writing to all our current grant holders to inform them of this change.

For information on how to request payment of a grant, click here.