Our funding philosophy

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The Bequest’s approach to funding

To best utilise its resources, Wyemando seeks to:

  • develop long-term relationships with organisations that potentially span several years and/or projects
  • use those ongoing relationships to minimise the administrative ‘red tape’ associated with traditional funding processes
  • support a small number of projects well, with funding proportionate to each project’s size and ambition
  • work with organisations to identify performance indicators that are relevant to the community’s own goals, rather than requiring conformity with externally determined goals

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Attributes we consider when reviewing applications

CIMG0843

  • Evidence of need for the project
  • Community support and involvement
  • Good planning
  • Defined project outcomes with an appropriate evaluation plan
  • Appropriate endowment of intellectual property rights, where relevant
  • Value for money
  • Ongoing impact of the project
  • Strong organisational governance
  • Effective staff and/or volunteers

 
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