WHO ARE YOU RAISING MONEY FOR IN 2026?

This year we’re raising money so we can donate small grants to charities and/or community groups in Newham, London through a simple application process.

HOW IS THE MONEY CALCULATED?

All money in and out is tracked during the year by our treasurer, and is kept in the PhilanthroPunks bank account. Any expenses out of the account are purely for providing items or logistics that will aid the fundraising events in taking place. All remaining money is donated.

WHAT ARE THE GRANT TERMS AND CONDITIONS?

Issued by: PhilanthroPunks

Grant Name: Newham Community Grant

Date of Issue: 01.04.2025

1. Purpose of the Grant

This grant aims to support organisations that promote social equality and inclusion in alignment with PhilanthroPunks’ values. Funding must be used to advance initiatives that foster community empowerment, sustainability, and diversity.

2. Eligibility Criteria

Applicants must meet the following criteria:

  • Be a community group, CIC, registered charity, social enterprise or non-profit aligned with one or more of the PhilanthroPunks values through their project.

  • Be able to demonstrate an immediate benefit to the community.

  • Operate within Newham, London.

  • Have a UK bank account in the name of the organisation.

  • Provide a detailed proposal outlining the project and its intended impact.

  • Full eligibility here.

3. Application Process

  • Complete and submit the application form by Friday 28th August 2026.

  • Shortlisted applicants may be invited to share further information if requested.

  • Final decisions will be communicated by Friday 11th September 2026.

4. Grant Amount & Disbursement

The grant award will be up to £500 and paid to the recipient in one payment to the organisations registered bank account.

5. Fund Usage Restrictions

Grant funds may only be used for the purposes outlined in the approved proposal, including:

  • Community-building activities.

  • Education and awareness programmes.

  • Operational costs relevant to project execution. Funds may not be used for personal expenses, unrelated business ventures, or activities inconsistent with legal and ethical standards.

  • See eligibility for further information.

6. Reporting & Compliance

  • Grantees must submit reports detailing expenditure and project progress if requested to do so.

  • PhilanthroPunks reserves the right to request additional documentation or conduct audits.

  • Non-compliance upon request may result in funding revocation.

7. Termination & Revocation

PhilanthroPunks may terminate the grant if:

  • Funds are misused or allocated outside permitted purposes.

  • Activities contradict the values of the organization.

8. Legal Considerations

This grant is subject to UK charity laws and financial regulations. Recipients must adhere to all statutory obligations, including tax reporting where applicable.

9. Acknowledgment & Agreement

By accepting this grant, the recipient agrees to the terms outlined above. A formal agreement must be signed before funds are disbursed.

HOW IS THE ORGANISATION MANAGED & GOVERNED?

We have a Constitution signed by all organisation members - you can read it here:

https://docs.google.com/document/d/17lwBL_wTTW63ghQiIXmFCOt1OzHUb2EXjp8x71Y65yA/edit?usp=drive_link

We have an Anti-Money Laundering Policy - you can read it here:

https://drive.google.com/file/d/1RmJrO6TXpdRuZZeFUe08OIfwyvuuyXfE/view?usp=drive_link

We have a Donor Acceptance, Refusal, and Identification Policy - you can read it here:

https://drive.google.com/file/d/1pQvxs2Fg9XNyfetZMxCur8t0nRygU25M/view?usp=drive_link