Earlier this month, the Institute for Voluntary Action Research (IVAR) celebrated the one-year anniversary of their open and trusting funding initiative – over 100 trusts and foundations have now signed the eight commitments set out by IVAR to manage funding and relationships in a way that better reflects funders’ confidence in and respect for the organisations they support.
COVID has proved that communities’ needs are constantly changing. Since the launch of IVAR’s initiative, funders have been working actively with each other and with charities to ensure that charities are well placed to continue responding flexibly to the evolving needs of the communities and causes they serve in the coming year.
The Architectural Heritage Fund (AHF) sits within a complex network of funding: we are both a direct project-level funder of grants and loans, and ourselves a recipient of programme-level funding from both charitable and public sources. Our obligations are therefore both to projects we support and to those organisations and individuals who make our own programmes possible. In renewing our commitment to IVAR’s Flexible Funding, we continue to recognise our dual responsibilities as a funder and a recipient of external funding, with the limitations that may be involved. Our updated Statement on Flexible Funding can be found here.