The Banks Group looks for opportunities to make a real difference and to provide lasting community and environmental benefits.
Who is eligible?
Potential projects can be put forward by local authorities, environmental organisations, community groups and individuals. The Banks Foundation distributes funding in various parts of the country and all projects must fall within the vicinity of a Banks Group development and should be within ten miles of a waste management facility.
The current Target Areas of the Fund are: Cheshire; Chesterfield, Derbyshire; Cumbria; Darlington; Merseyside; Northumberland and Yorkshire. However, the geographical areas of interest may change without notice.
Further details are available on the website
How much can you bid for?
Grants are normally for up to £5,000 (although larger amounts may be considered) and for up to a maximum of one year. Third Party Funding: Landfill operators can claim a tax credit worth 90% of their contribution, leaving a 10% shortfall. Successful applicants are required to identify a third party to reimburse this remaining 10%. This can be the applicant organisation itself (evidence will be needed of how the funds have been raised) or an eligible third party (such as a private company, voluntary body or individual).
The reimbursement cannot be made by:
• another Environmental Body (as approved by ENTRUST)
• an organisation corporately associated with an Environmental Body, either controlling or controlled by an Environmental Body or capable of significantly influencing the actions of an Environmental Body; or
• a contractor of an Environmental Body. Match Funding: Project proposers should try to seek funding from more than one source wherever possible. Projects which have secured match funding (no percentage defined) will be favoured.
Deadline?
At any time for assessment at quarterly meetings. By becoming actively involved with local organisations, schools and colleges, the Banks Community Fund has been formed to sponsor worthwhile schemes so they can develop close relationships with the communities in which they operate.
Contact: The Banks Community Fund PO Box 542 Durham DH1 9EH
Tel: (0191) 384 5460
E-mail: [email protected]
Website: http://www.banksfoundation.org.uk
