Principality creates £100,000 fund with Community Foundation Wales

Principality creates £100,000 fund with Community Foundation Wales to support young people in Wales

The Principality Building Society’s Future Generations Fund is a Wales wide fund set up in partnership with Principality Building Society with the aim of having a positive impact on society and the lives of young people in Wales.

This fund will support third sector and community organisations across Wales to help/encourage

  • More young people developing positive savings habits to achieve their life goals and make the right choices for their future
  • More young people building financial resilience for life’s uncertainties
  • More young people preparing for the future and world of work (including building skills)
  • More young people gaining employment
  • More young people living sustainably and finding sustainable answers to local challenges

The projects we support will fit within one of these themes

  • Developing training and / or employability skills
  • Supporting mental health and wellbeing
  • Learning financial skills (e.g. saving and budgeting)
  • Environmental and / or social awareness and conservation

We will prioritise organisations and projects that are increasing accessibility to those who are underserved or vulnerable. This includes projects supporting individuals from protected characteristic backgrounds 2010 Equalities Act and individuals from the most deprived communities in Wales.

What grants are available?

Grants of up to £5,000 will be awarded to third sector organisations, to support young people under the age of 40 in Wales.

Who can apply?

Constituted Groups

Registered Charities & Charitable Incorporated Organisations

Companies Limited by Guarantee

Community Interest Companies

Social Enterprises

The organisation will need to meet minimum requirements, which you can see here Minimum Expected Standards.

How to apply?

Applicants must complete an online application form by 12noon on Thursday the 30th June 2022 which can be accessed via our website.