We support organisations in the early phases of thinking about a merger. Since we started making grants towards mergers in 2012 we have awarded £328k of grants of which £84k were made in 2016. Applicants need to be at, or close to, the preliminary stage of discussions with an identified potential merger partner (or partners). The maximum amount we will fund for merger planning costs is £15,000.
Applications requesting funding for the following types of pre-merger feasibility work will be considered including:
This is not an exhaustive list and we will consider any reasonable request for work that helps to make the decision whether or not to merge easier. If successful organisations require external assistance but do not have a particular consultant in mind, we may be able to help identify the most appropriate support.
Our funding should not be used for the costs associated with a merger once a firm decision is made to proceed. It is for organisations uncertain about what the decision might involve or those who need reassurance that a proposed merger makes sense.
The work of the merging organisations should match our funding priorities within our sectors; the arts, children and young people, environment, food, and social change. The Foundation's Exclusions still apply; if you come under any of these you will not be eligible for funding. You must also demonstrate that you have unrestricted reserves equivalent to at least three months’ running costs. This applies to all parties involved with the merger feasibility investigations.
Grants are made on a rolling basis and there are no deadlines.
You will need to include in your application information that addresses the following three questions. Will the potential merger:
Once the work is complete, organisations receiving a grant will need to send us a brief report detailing how the funds were used and the results achieved/decisions reached. Further information on reporting requirements will be supplied at the time we make a grant. Please note that the aim of these grants is to get the right decision -- we will not regard a merger that does not go ahead as a failure.
The Institute for Voluntary Action Research has published two reports: Story of a merger, and Merger as Strategy, that you may find useful.
There is just a one stage process for merger feasibility applications. Please email your completed application to firstname.lastname@example.org
Your application should include:
Please also submit the following information as separate documents:
We aim to acknowledge your application by email within a week of receiving it.
If we require any further information from you a Grants Manager will be in touch.
We expect to notify you of the decision within three months of receiving the application.
28 September 2017
Tel: 020 7812 3700
Charity No. 200051