INVERCLYDE COMMUNITY FUND
For local community and voluntary organisations
ABOUT THE FUND
Inverclyde Windfarm Fund
The Inverclyde Windfarm Fund is a grant scheme partnership between Inverclyde Renewables LLP and Inverclyde Community Fund.
The Fund has been created as a result of the investment by Inverclyde Renewables LLP, who built the windfarm development, which is owned by James Jones & Sons Ltd and Gresham House Asset Management.
The Fund provides grants of up to £1,000 for community groups and voluntary organisations to progress projects within their local communities.
The owners are committed to ensuring that the wider Inverclyde community benefits from the development. As a result, the Inverclyde Community Fund will receive an annual payment linked to the energy output of the farm.
The eight wind turbines stand 110m tall and are sited in the area around parts of Burnhead, Lurg Moor, Maukinhill Moor and Corlic Hill in Greenock (pictured).
WHAT WE CAN SUPPORT
Inverclyde Windfarm Fund
WHO CAN APPLY
Any organisation which provides services or activities which clearly benefit Inverclyde.
The maximum grant under this programme is £1,000 and the trustees are keen to ensure that the grants are directed at small projects which can make a big difference. Priority will be given to organisations which demonstrate good governance and good practice.
Applicants do not need to be registered charities but do have to demonstrate that they are a not for profit voluntary organisation which:
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has a positive community purpose;
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has an approved and dated constitution or equivalent founding document which includes a 'dissolution clause' to ensure that any funds remain for charitable or not for profit purposes if the group has to close;
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has a bank account in the name of the organisation and requires two unrelated people to authorise all payments;
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is run by a mainly voluntary/unpaid committee;
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is not set up to distribute profit to shareholders; and
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is not run by or affiliated with a political party, trade union or a government body.
Any applicants in receipt of multiple awards already should contact ICF before making another application.
TURNOVER
Inverclyde Windfarm Fund is unlikely to fund organisations with annual income in excess of £250,000.
WHAT ACTIVITIES WE WILL FUND
The Fund must be used to provide funding or grants to projects which support and promote at least one of the following causes:
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Environmental
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Renewable Energy
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Energy Efficiency
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Sustainable Development
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Charitable
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Educational
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Community
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Sport and Recreation
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General community amenity schemes
We are unlikley to fund:
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Projects for which we have previously awarded a grant
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Applications which do not demonstrate that our support will ‘make a difference’ to the local community
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Activities which take place outside Inverclyde
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Applications which only demonstrate short-term benefits (e.g. one year’s running costs)
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Activities which benefit an individual personally
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Applications for costs already incurred
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Travel or conference/competition costs
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General appeals
WHEN TO APPLY?
ICF accepts applications all year round. Trustees meet at the beginning of each month to assess applications and you would expect to receive a response within 6-weeks upon receipt of your completed application.
Please apply in plenty of time before your project or work is due to start.
HOW TO APPLY
To apply to the Inverclyde Windfarm Fund, complete the online application linked below.
You will need to attach:
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A copy of your last annual report/finance statement or recent bank statement if you have existed for less than one year.
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A copy of your constitution/governing document (Constitution, Memorandum & Articles, or Rules).
If you have any questions or would like to discuss your project, please contact apply@inverclydecommunityfund.org
MEET THE OWNERS
Gresham House is a specialist alternative asset management group, dedicated to sustainable investments across a range of strategies, with expertise across forestry, housing, infrastructure, renewable energy and battery storage, public and private equity.
Our origins stretch back to 1857, while our focus is on the future and the long term. Quoted on the London Stock Exchange (GHE:LN) we actively manage assets on behalf of institutions, family offices, charities and endowments, private individuals and their advisers. We act responsibly within a culture of empowerment that encourages individual flair and entrepreneurial thinking.
As a signatory to the UN-supported Principles for Responsible Investment (PRI), our vision is to always make a positive social or environmental impact, while delivering on our commitments to shareholders, employees and investors.
We offer funds, direct investments and tailored opportunities, including co-investment, across a range of sustainable strategies.
We have created a specialist asset management business in the growing sustainable alternative investment space, focused on delivering results for both clients and shareholders.
