Eligibility criteria for Compass Wellbeing Funding

Governance
You must have at least three unrelated members legally responsible for the governance of the organisation; Trustees/Directors/Management Committee as appropriate to your structure.

Bank account
You must have a bank account in the same name as the organisation you are applying for, with a minimum of two unrelated signatories.

Safeguarding
You must have a safeguarding policy in place that has been reviewed in the last two years.

Terms and Conditions
You must comply with our terms and conditions of contract award. To find out more, email funding@compasswellbeing.co.uk.

What can we not fund?
The grant funds cannot be used for:

• Activities that promote religious or political views
• Purely commercial ventures (for profit)
• Spending that has already taken place (i.e. retrospective funding), unless there is a specific exception made, which would be clearly stated in the fund guidelines
• Individual sponsorship or redistribution of a grant to individuals or other organisations
• Activities where people are excluded on the basis of religion, sexual orientation, sex or ethnicity (unless the issue is group-specific)
• There must be no personal benefit attached to the grant
• The organisation must not have two years of net current liabilities within the two most recent completed financial years
• Organisations where Trustees are paid are not eligible unless evidence of approval is provided from The Charity Commission and/or this arrangement is referenced in the governing document

Compass Wellbeing CIC is continually working to develop and secure new funding opportunities for the benefit of VCSEs across East London, Bedfordshire and Luton, so funds we have available will change throughout the year. Keep up to date by signing up to our newsletter/mailing list.

If you are unsure whether you are eligible, please do not hesitate to contact us on funding@compasswellbeing.co.uk.