WHAT WE FUND
Funding priorities
Chimo Trust invests in charities that use community-based, social activities to support young people suffering from poor mental health
We specifically work with charities:
- that combine the therapeutic power of the arts, sport or nature with psychological and emotional support from coaches, mentors, therapists, psychologists and/or peers to help young people experiencing mental health challenges;
- which have the ambition, capability and vision to expand the reach of their activities;
- that can show the statistical evidence and impact of their interventions;
- which are prepared to co-operate and work with other charities in the Chimo network to share best practice and knowledge to advance the creation of sector champions.
- that have diversified funding streams to ensure their long-term business model is both sustainable and scalable;
- which have annual income in excess of £200k but less than £2m so our grants can have a meaningful impact on each charity’s work.
GRANT TERMS
The trustees will actively seek out charities to apply for funding and will not accept unsolicited applications. Applicants will be invited to apply and required to fill in an application form.
The trustees will only accept applications from UK registered charities or organisations with a charitable objective (eg Community Interest Companies - CICs).
Grants will only be made after a visit from a Chimo trustee.
We do not fund traditional talking therapy sessions nor fund organisations whose primary activity is general youth work.
We aim to have annual funding rounds of up to £1m. Funding will initially be provided over a 3 year period with a maximum grant size per charity of £100k.
The annual amount of a grant awarded to an individual charity will be limited to 10% of the charity’s annual income, so the charity does not become overly dependent on our funding for its sustainability.
Grant sizes and timescales may vary as agreed by the trustees.
Chimo’s goal is to provide sustainable funding to a select portfolio of charities so they can plan with confidence. Grant recipients are subject to ongoing monitoring and review.
Our hope is for the size of annual grants to grow as Chimo raises external funds.
The trustees reserve the right to make exceptions to these general terms to fund larger or smaller organisations doing wonderful work for young people experiencing mental health challenges.
charity partners
We made our first grants to 9 organisations at the beginning of 2023. We are now on the look out for other charities to be part of our next grant giving round in early 2024.
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