The Standard Life Foundation has made £2m in grants available for charities working on financial health and wellbeing projects.
The foundation, which is chaired by the former Chancellor and Labour peer Alistair Darling, has made the grants available for policy work, campaigning or research in areas such as wages, pensions and taxation, gambling, borrowing and repayment problems, and savings.
There is no minimum or maximum grant available, but the foundation expects that the majority of grants will be between £50,000 and £150,000.
Mubin Haq, chief executive of the Standard Life Foundation, said: "We’re delighted to invite applications for funding and look forward to making our first grants in June 2019. We want to offer more than just money and to be engaged in the issues we’re funding."
Haq also encouraged organisations to contact the foundation with their ideas for improving living standards.
"We don’t just fund research; we are also interested in campaigns and policy work to ensure strategic change in this area – for work that could make a real and lasting difference to the lives of people living on low to middle incomes in the UK," said Haq.
For more information and to apply, click here. The deadline for applications is 1pm on 3 June.