Postcode Neighbourhood Trust Round 3 Overview

Round 3 for Postcode Neighbourhood Trust opened on 24th September at 9am and closed on 2nd October at 10am. From Round 3, there were 85 successful groups, with a total funding amount of £1,392,449 distributed. This overview will hopefully give more insight into applying to Postcode Neighbourhood Trust in the future and will 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, 554 applications were received in Round 3 from organisations applying to Postcode Neighbourhood Trust. 85 of these were successful, 445 were unsuccessful, 21 were deemed ineligible, and 3 applications were withdrawn after submission. This produces a success rate of 16% of eligible applications received. Round 3 was Postcode Neighbourhood Trust’s most subscribed round in 2024. The below table outlines numbers for Rounds 1, 2 and 3.

Postcode Neighbourhood Trust Round Numbers

Funding Priorities

Our funding priorities are different to our funding themes. More information can be found in our funding guide on this. Postcode Neighbourhood Trust was oversubscribed 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.

For reference, 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 English 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 85 successful groups funded in Round 3 all met three of our funding priorities. Groups that met one or two priorities or did not meet any funding priorities were unfortunately not able to be funded. Although we were able to support some organisations that met 3 priorities, due to the demand other factors were considered in this funding round that meant not all groups that met 3 priorities were funded.

Please note, the level of demand can change each funding round and the number of priorities required for funding is not a set parameter. Every application received by the Trust will be assessed and considered for funding.

Postcode Neighbourhood Trust Funding Priorities

Common Eligibility Fails

Out of the 37 applications that were deemed ineligible in Round 1, 2 and 3, 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 theme chosen for the application did not link to the organisation applying
  • The organisation has not been operating for over 1 year at the time of application
  • The organisation applying were a schedule 3 CIC

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@postcodeneighbourhoodtrust.org.uk