About the Fund

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A new way of supporting Pride in Scotland

 

Who are we?

The Scottish Pride Fund is managed and operated by Pink Saltire SCIO, a charity registered in Scotland, registration number SC044851.  Launched in 2014, Pink Saltire are an established Scottish LGBT organisation, operating the national LGBT news hub at pinksaltire.com and conducting community engagement work around Scotland. They are led by an independent Board of Trustees and the charity was founded by award-winning LGBT campaigner and journalist, Stuart Duffy.

 

What’s the idea?

The Scottish Pride Fund will offer big brands, businesses and national organisations the opportunity to support the Pride movement across Scotland in a fair and well-managed way.  It offers a central point of contact for large-scale sponsorship agreements and also a place to help develop Pride-related products which can benefit the Pride movement in Scotland. Any funds donated to the Fund help eligible Pride organisers all over the country and provide support for new groups just starting out too.

 

How are funds distributed?

Any funds received are firstly split 67% to a Main Fund and 28% to a Development Fund. An administration fee of 5% (up to a maximum value of £10,000 pa) is paid to Pink Saltire to run the Fund and the administration of grants and sponsorship liaison.

Once a year, eligible Pride organisers are then free to submit an application to the Main Fund to receive grant funding.  It is expected the Fund will close to sponsors by September each year and the application process will run from November for 12 weeks.  This gives each Pride organiser some certainty around income for the year ahead as they plan events.

Grants cannot be used for the purchase or provision of alcohol, religious activity, payment of loans or debts, capital investment in buildings or offices, retrospective costs already incurred or redistribution of grants to other local bodies.

 

Who pays into the Fund?

We hope to attract sponsors with a national reach who are keen to demonstrate their support for LGBT equality and for the Pride movement.  Perhaps businesses who have never sponsored Pride in the past or an organisation looking to expand its reach. We’d love to talk to any business who are passionate about LGBT equality and want to support the Pride movement in Scotland.

The aim is not to replace existing relationships between local sponsors and individual Pride organisers, but to offer an enhanced opportunity to benefit the entire Pride movement in Scotland by working together in an efficient and coordinated way.

 

Who is eligible to receive grants?

We want to keep the eligibility and application process as simple and straight-forward as possible. With agreement from Pride organisers, only those with an annual turnover in their most recent year of £99,999 or less will be eligible to receive a grant from The Scottish Pride Fund.

Organisers also need to be a registered charity or community organisation with its own constitution, have a bank account with at least 2 unrelated signatories, operate a free-to-enter event and demonstrate plans to hold an LGBT-inclusive march and/or festival event in the forthcoming year.

Assuming they meet the eligibility criteria, all existing Pride organisers are eligible to apply to the Main Fund. Successful recipients are required to produce receipts or invoices for all expenditure funded by The Scottish Pride Fund.

 

What is the Main Fund?

This is the main grant-giving part of The Scottish Pride Fund which will distribute grants to existing Pride organisers who have a track record and have held at least one successful Pride event in the previous 12 months.

Funds will be distributed from November annually, offering Pride organisers certainty of funding for the year ahead.

 

What is the Development Fund?

This is the community investment part of The Scottish Pride Fund, offering a chance for new organisers to run community consultations to get a new Pride set-up or to assist new organisers with funding for costs associated with their first event.  This portion of the Fund is managed by Pink Saltire.  If you’re interested in starting a local Pride event, get in touch by emailing info@scotpride.org

 

How will the Fund be transparent and open to scrutiny?

All funds received into The Scottish Pride Fund are held in a separate account by Pink Saltire and are subject to the same reporting and accounting principles that apply to all charities by The Office of the Scottish Charity Regulator (OSCR) under the Charities and Trustees Investment Act (Scotland) 2005.

All income and grants will be published in the Pink Saltire annual accounts which are available to view on their website or via the OSCR website.

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