Funding Formula Review

Tender description

This research is being commissioned by The National Lottery Community Fund's (known here onwards as 'The Fund') Funding Strategy, Communication, and Impact (FSCI) directorate. In the FSCI directorate, we work with colleagues across The Fund to: lead on the strategic development and delivery of our UK-wide funding; manage communications and engagement through our stakeholder relationships, media relations, and brand delivery; and generate evidence and share learning and insight. The research will be led by the Evidence and Impact team, which aim to provide an integrated insight, evidence and impact service operating across the Fund that supports communities, stakeholders and colleagues. We use evidence and insight to create positive change by informing our equity-based approach to funding, demonstrating the impact that we and communities make, and responding to our devolved working environment. Key aims: • The options for shaping our approach to distributing National Lottery money using the latest data and evidence. • How our Budget Funding Formula can be better aligned to our policy directions and new funding strategy. • How we can consider the full spectrum of need. • How we can fairly and equitably share our awards budget between and within the five portfolios (four UK nations and UK Portfolio).