Seven UK financial literacy charities receive boost from CISI Future
Foundation with grants totalling more than £465,000
By Lora Benson | Nov 09, 2023
The CISI Future Foundation ("the Foundation") is delighted to announce that it has made grants totalling more than £465,000 to seven deserving organisations across the United Kingdom. These are:
This funding will allow each of the recipients to undertake planned project
work of varying type and scale, but with the common purpose of improving
financial literacy in diverse communities across the United Kingdom which
have, in various ways, found themselves challenged in acquiring these
critical life skills.
On awarding these grants, Nick Swales, DL, Chartered FCSI (Hon), Regional –
Director North East, Rathbones Investment Management Ltd and Chair of the
CISI Future Foundation, said:
“The Foundation was delighted to receive a significant number of
applications from a wide range of not-for-profit organisations, involved
in improving financial literacy across the UK. After a robust vetting
process, which I thank my fellow trustees and the Foundation’s manager for
undertaking, we are pleased to be partnering with all the successful
applicants. The Board looks forward to making further grants in the
future.”
The Foundation was established in April 2022 with the objective of promoting
education for the public benefit by advancing knowledge and improving skills
in financial capacities and capabilities. The Foundation was later awarded
charitable status by the Charity Commission in December 2022
The Foundation is now inviting new applications for funding from other
deserving organisations whose objectives, ambition and purpose in the field
of improving financial literacy match its own. This "Application Window" for
UK funding opened on 6 November 2023. Applicants will have until 12 January
2024 to submit their proposals to the Foundation. Guidance for applicants
and the criteria governing grant awards can be found on the
Foundation’s website.