Keystone Fund

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Sharply increased demand for services, economic pressures and an ongoing decline in public donations is putting many smaller charities across the UK under heavy strain.

The Keystone Fund aims to enable locally and regionally-focused charities working towards social equity to become more agile in their support for their communities. It provides a programme of unrestricted grants, networking and access to advice webinars and toolkits.

The legacy of the fund will be greater opportunities for those who need it most, along with charities that are in a stronger position to continue to support them, thereby accelerating progress in society towards a fair and sustainable future for all.

CAF intends that through these grants and access to additional resilience building resources, small charities will be better positioned now and for the future as keystones in their communities.

Grants available

  • Unrestricted grants, intended to enable charitable organisations in the UK to adapt ways of working, strengthen capacity or build resilience, according to identified needs.

  • Grants will be awarded between £5,000 and £50,000

  • Approximately 120 grants will be awarded over 2-3 rounds during 2022-23.

  • Grant funds must begin to be spent within 6 months of grant payment, but can be carried forward into the following financial year if required to enable flexibility. They should be fully spent within 24 months of grant payment.


Grants will not normally be restricted to specific projects, but we will ask you to tell us how you would like to use the funds. We intend that charitable organisations can use a grant to become more agile in their support for their communities. This might include the costs of leadership time to develop strategy or organisational capacity, or to access additional external expertise, support and advice to develop their resilience plans. Grants might also be used for staff costs, digital costs, overheads, delivery costs or equipment, according to your identified longer-term needs.

In addition, building on CAF’s advisory opportunities for charities across the UK, all grant holders will gain access to webinars, toolkits, and networking opportunities to accelerate their impact.

Priorities for the Keystone Fund

We will support eligible charitable organisations to:

  • Adapt their ways of working (eg digital capability, staff and volunteer training, operational challenges)

  • Bolster their core building blocks (eg governance, strategic planning, capacity building)

This fund is not designed to support direct service provision or capital projects.

How and when can we apply?

A two-stage online application process aims to provide the smoothest possible process for small charities to apply:

  • Stage 1: You will complete a small number of eligibility questions, and provide a short overview of your work

  • Stage 2: Selected organisations will then be invited to complete a more detailed application

We will offer a short webinar for any organisation which is invited to Stage 2 so that you can ask questions about the application process.

Timelines

  • Stage 1 applications open: 9 November – 23 November

  • Webinar for further information: 2 December (recording also available)

  • Stage 2 applications open: 7 December – 9 January

  • Decisions communicated: February 2023

There will be more than one round of funding. Further rounds will be announced and are likely to take place in Spring/Summer 2023.

For more information and to apply, please visit Keystone Fund (cafonline.org)