People’s Postcode Trust Round 3 Overview
Round 3 for People’s Postcode Trust opened on 24th September at 9am and closed on 2nd October at 10am. From Round 3, there were 70 successful groups, with a total funding amount of £1,132,413 distributed. This overview will hopefully give more insight into applying to People’s Postcode Trust in the future and will also include information from throughout 2024. Please note future funding rounds are not guaranteed to have the same success rate, as this changes with the level of demand of each funding round.
Each application goes through a thorough assessment check, we use an internal scoring guide that is used for application assessment and will consider funding priorities when rounds are oversubscribed.
Overall Numbers
In total, 311 applications were received in Round 3 from organisations applying to People’s Postcode Trust. 70 of these were successful, 223 were unsuccessful, 16 were deemed ineligible, and 2 application was withdrawn after submission. This produces a success rate of 24% of eligible applications received. There was a decrease in application numbers compared to Round 2 where 366 applications were received by the Trust. The below table outlines numbers for Rounds 1, 2 and 3.
Funding Priorities
Our funding priorities are different to our funding themes. More information can be found in our funding guide on this. People’s Postcode Trust was oversubscribed with strong applications in Round 3, meaning that our funding priorities were required to help with decision making. The more funding priorities a group meets, the higher chance of receiving funding with a strong application.
Our funding priorities are:
- Funding organisations with an annual income of £250,000 and below
- Funding for communities that rank as being within the top 15% on the Scottish Indices of Deprivation
- Funding for groups that are set up to support people from the following minority/marginalised groups
- Communities experiencing racial inequity
- Disabled people
- LGBT+ people
Due to the level of demand, the 70 successful groups from Round 3 met either two or three of our funding priorities. Groups that met 1 funding priority or did not meet any were unfortunately not able to be funded, even if they had a strong application. Although we were able to support some organisations that met 2 priorities, due to the demand other factors were considered in this funding round that meant not all groups that met 2 priorities were funded.
Common Eligibility Fails
Out of the 42 applications that were deemed ineligible in Round 1, 2 and 3, common eligibility issues included:
- The organisation applying are a smaller branch of a charity already funded by a Trust supported by People’s Postcode Lottery.
- The organisation was still within a funding period of a previous grant.
- The organisation’s objects only included activities that are focused on things part of our ‘we do not fund’ list.
- The organisation's accounts were not of the required standard
Reapplying
Funding rounds have now closed for 2024. The next chance to apply for funding will be in 2025. Full information on our 2025 funding rounds will be published on our website by the beginning of February 2025. If you have any questions you can contact us via email at info@postcodetrust.org.uk