The City of London fundraising organisation the October Club is asking small charities to apply to become its charity partner for 2016.
Charities with annual voluntary incomes of between £500,000 and £2m are eligible to apply for the one-year partnership, which the club hopes will raise £500,000 for the chosen organisation.
Funds are donated by the philanthropy club’s 600 members at events including a race day at Royal Ascot in July and a fundraising dinner at the Savoy hotel in London in October.
The October Club’s one-year relationship with its 2015 partner, the Honeypot Children’s Charity, which provides respite breaks for young carers, has raised more than £600,000 for the charity. The club’s previous partner was Auditory Verbal UK, which works with deaf children and babies.
Applications are being encouraged from UK-based charities that do not work in the same cause area as the club’s partners for the previous two years. The funds should be used within three years on a project based across several UK regions.
Each charity can apply by completing a four-page form, giving details of their cause, staff and governance structure and an overview of the transformational project they wish to undertake. Charities that do not have three years’ of annual reports available on the Charity Commission website should send any outstanding reports with their applications.
Applications close on 18 March, at which point a consultant will draw up a shortlist of 10 charities on the October Club’s behalf.
The club’s committee, chaired by Mark Pumfrey, will then select three or four charities to deliver presentations to its members. The new charity partner will be announced at a drinks reception at the House of Commons in July, when the new partnership will begin.
Pumfrey, a senior manager at the financial company Liquidnet, told Third Sector that the key to a successful application was "the nature of the project they bring to us and the committee’s view of its chance of being successful in transforming the charity".
He said he did not want to restrict the criteria more than this so as not to limit applications in any way. The club received about 40 applications last year.
To apply for a partnership with the October Club, click here.