Youth organisations with an annual income of no more than £500,000 will be able to apply for the UK Youth Fund in partnership with Pears Foundation, with applications open now.
The fund will offer three-year unrestricted grants of approximately 10% of the current turnover of applicant organisations to reflect the current inflation rate and organisations will hear the outcome of their application within 4-6 weeks.
UK Youth and Pears Foundation’s £5m fund to support youth organisations through the cost of living crisis aims to benefit thousands of young people across the country.
The UK Youth Fund in partnership with Pears Foundation has been launched as the UK faces the worst cost of living crisis since the 1950s, with young people facing a bleak future without additional support.
UK Youth and Pears Foundation are both deeply concerned about the impact the crisis is having on youth organisations and young people across the UK.
The fund aims to ensure that as many vital youth services as possible are able to keep the lights on and support young people in their local community. If forced to shut down, these services may never return.
There is currently no fixed closing date for the application, based on the current funding pot they expect the fund to be open for at least 3 months.