Guidance notes for Pledge Norwich

• As we will only pledge up to a maximum of 50 per cent of your project costs, it is important that the applicant organisation provides us with full costs of the total project.
• The money pledged will be released only when the applicant can provide evidence they have raised the remaining funds required for the project. This evidence may be in the form of bank statements, letters with commitments, a crowdfunding page or some other suitable formal confirmation.
• The applicant organisation is not restricted by what means it uses to raise the remaining funds for their project – it could be through other grant applications, crowdfunding campaigns, corporate donations or other offline fundraising. However we must be satisfied that the funds identified are for the project in the application.
• The applicant may include legitimate in kind donations within the total project cost, up to a maximum of 50 per cent of the total costs. In kind donations will only be considered where ordinarily a fee would be paid and this has been waived for the purposes of this project. Where something is publically and freely available, this will not be considered. The applicant organisation will have to provide proof that its in kind support meets these conditions and the donor is happy for it to be used to match funds against.
• Within the in kind donations, the applicant organisation may include volunteer time up to a maximum of 10 per cent of the total costs. The costs for volunteer time should be worked out using the following scale:
   
  • £50 / day for unskilled work
  • £100 / day for skilled work
  • £250 / day for a professional

An example application budget may look like the following:

In this example, volunteer time accounts for 10 per cent of the total project costs and in kind support (which includes the venue hire and volunteer time) accounts for 50 per cent of the total project costs. Therefore the project costs are all eligible.