Third Sector Resilience Fund - summary of phase 1 (May 2020)
Letter to Members of the Local Government and Communities Committee summarising the first phase of the Third Sector Resilience Fund:
- Levels of applications and awards made
- Details of awards by organisation type and size
- Level of demand
- future of fund
Grant applications
As of 1st May 2020 there were 2390 applications made to the Third Sector Resilience Fund requesting £70,073,573.1955 of those applications had been processed, with 782 Organisations having been awarded a total of £16,674,787 with an overall success rate of 40%.
Loans applications
The fund has received 37 applications for loans valued at £4,678,500. 15 loans were approved for a total value of £1,422,000. 19 applications were declined and re-assessed for a grant
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