Asda Foundation: Young Futures Fund

Overview

Asda Foundation recognises the importance of supporting young people in our communities, with a particular focus on their mental health and wellbeing. 

This year, they will be providing up to £500,000, via the Young Futures Fund, to support young people in their development.

Whether you’re hosting a safe space for young people to be together or delivering workshops to educate 13-21 year olds on important topics such as knife crime, the Young Futures Fund can be used to deliver projects near you.

Who can apply

This grant is for groups which meet at least one of the following objectives:

• Provide services that support, educate and empower.
• Connect young people to their peers.
• Support rehabilitation and recovery and provide shelter.
• Deliver activities / programmes that improve physical health and wellbeing.

Essential Criteria

All criteria below must be met in order to be eligible to apply and to be considered for this grant.

Groups must have:

A total annual income of £250,000 or below

• What they need:
  • Evidence that your group has an annual income of £250,000 or below. If we’re unable to find such evidence, this will be requested.
  • If your group is a local branch or project that is managed by a parent organisation whose annual income exceeds £250,000, you will only be eligible for this grant if you can demonstrate you have a separate bank account, independent annual accounts, and your own constitution.

Governing Documents

• What they need:
  • A full copy of your organisation’s Constitution (or Articles of Association / Memorandum, if applicable).
  • Your documents should be finalised (i.e. not a draft/template) and must outline your group’s name and charitable aims, confirmation of non-profit status, and what would happen to your assets upon dissolution.

A Safeguarding Policy

• What they need:
  • A Safeguarding policy which is up to date and specific to your group’s service users. Further details on our safeguarding guidelines can be found here.

A bank account in your group’s name that accepts cheques

• What they need:
  • Proof of your group’s bank account payee name i.e. a bank statement, paying in slip, letter from your bank.
  • Please check that your bank will accept cheques before completing your application.

What will they fund

The following list provides some examples of the kinds of items and services that the funding could be used for. This list is not exhaustive, but any items and activities that they fund must still fit within their general criteria as detailed on ‘Who Can Apply’.

• Intervention & prevention programmes to address social issues.
• Essential items for crisis support, e.g. clothes, food and hygiene items for a homeless shelter focusing on young people.
• Delivery of specialist support or services or speakers.
• Group drop-in and talking sessions.
• Workshops to upskill and deliver life skills (cooking, finance, employment, CV writing).
• Resources for recreational activities. E.g. craft materials, board games
• Sports kit and/or equipment (cap £500).
• Volunteering costs (cap £100 per person).
• Peer support events, and activities that bring people together.