Community Investment Fund (CIF) Criteria

Torus Foundation is the charitable arm of Torus.

Torus takes pride in being more than just a housing association. Over the years Torus has worked with tenants and the wider community on a number of projects which have helped many people looking to gain employment, supported families through financial advice, and got more of our tenants online with computer training and more.

Torus Foundation brings all of these projects together so we can help make a positive difference to communities and improve lives across Liverpool, St Helens, Warrington and the surrounding areas.

Torus Foundation is partly funded by Torus Group’s HMS, which is donating a proportion of its profits through gift aid. This is a valuable resource supporting our aim to improve the quality of life and wellbeing for all of our customers.

Torus Foundation achieves this through key impact areas:

  • Health and Wellbeing
  • Employment
  • Digital Inclusion
  • Money Matters

The Community Investment Fund (CIF) plays an important part in helping to achieve a positive impact. All applications must demonstrate how they make a difference in at least one of the impact areas listed above.

Sounds ambitious? We are thinking big…

 

What is Community Investment Funding?

Community Investment Funding will be allocated to develop project initiatives that will benefit Torus tenants and their surrounding neighbourhoods. As a landlord, Torus are committed to going the extra mile; we are focused on empowering people, which in turn helps to sustain communities by making it a desirable place to live and work.

What criteria must I meet to get funding?

Any project must fit into our wider strategic objectives as detailed in the Torus Community Regeneration Strategy.

The Community Regeneration strategy can be viewed at https://www.liverpoolmutualhomes.org/about/pubs

Who can apply for funding?

  • Any constituted community group that consists of Torus residents or operates in an area that benefits Torus residents
  • Any constituted residents group
  • Any organisation that delivers services within a Torus Neighbourhood

Who is not eligible for Ward Based Community Investment Funding?

Torus Foundation will not award funding to organisations that do not meet our criteria as mentioned above.

We will not fund any organisation that has previously had funding from us that has not been completed satisfactorily including failure to provide monitoring/evaluation information.

We welcome bids from commercial organisations providing their project meets our objectives and organisational values.

The funding cannot be used to:

  • Promote or support any political or solely religious activity
  • Provide a service that would disadvantage persons within any of our neighbourhoods
  • Provide any services that Torus are responsible for, e.g. repairs
  • Day to day running costs
  • Staffing costs

How much can I apply for?

The maximum amount you can apply for in any one financial year is £3000.

If successful you must spend the funding on what you have stated in your application only. You will be required to provide evidence of this including copies of all receipts and completing a project evaluation and other information. Any evidence requirements of proposed outcomes will be discussed and agreed with you before any funding is released to your organisation. If organisations fail to meet these requirements the person responsible will be liable to return the full amount to Torus Foundation. Any unspent or unaccounted money must be returned to Torus Foundation within one month of the end of your project.

How many times can I apply?

You can only apply once for a particular scheme or project, but you can apply for as many schemes or projects as you wish. If your application is refused you may re-apply.

Organisations that are awarded £3000 for a single project or a number of projects cannot reapply in the same financial year.

When is funding awarded?

You can apply for funding at any time of the year. Decisions are made by a tenant panel if you do not give us all of the information needed, we may return your application and it will not be considered until a later panel meeting. Panels will meet during the first 10 working days in April, July and November and February.

Applications will need to be received at least two weeks before the panel meet or it will not be considered until the next panel.

Applications for under £250 that meet our criteria can be considered by a Torus Foundation Officer and do not need to go to the tenant panel. (Maximum 1 per year)

How can I apply?

Complete the Community Initiative Fund Application Form online at https://torusfoundation.org.uk/opportunity/community-investment-fund/. You must answer all questions or the application will be rejected.

You will need to provide confirmation that you have:

  • A child protection policy (if applicable)
  • A vulnerable person policy (if applicable)
  • An equality and diversity policy
  • Public liability insurance
  • DBS checks (if applicable)

And also:

  • Details of any match funding money (if applicable)
  • Evidence that the project meets our criteria
  • The outcomes the project aims to achieve
  • How you will advertise that Torus Foundation have awarded you funds
  • Full break down of costs

What happens next?

Return your completed application and all the necessary information by:

  • Complete your application online https://torusfoundation.org.uk/opportunity/community-investment-fund/
  • We will read your application to ensure it meets our criteria. We will then send it to the grant panel and they will assess your application on its own
  • The grant panel may ask you for more information and your application may need to be reviewed.
  • We will inform you within five working days of the grant panel meeting if your application is successful.
  • If your application is successful we will send you a contract to sign which will include outputs you must meet in order to receive the
  • You must allow us to take photos for publicity. We will do a follow up story about your project for our newsletter and other publications. Or you may wish to do this
  • We may contact you at regular times for an update on the project and progress made. You must provide proof that the funds have been spent according to your plans set out in the application

The grant panel’s decision is final. If your application is unsuccessful, we will write to you informing you why you did not meet the criteria.