The Social Investment Fund was established following an agreement by the States of Deliberation within the 2018 Budget Report and was incorporated in 2020.
SIF’s purpose is to use funds received from public and private sources to invest in the third sector within the Bailiwick of Guernsey and improve joint working between the government and the third sector.
After its incorporation, SIF immediately responded to the Covid-19 crisis by launching a successful appeal for donations to support local charities. SIF is now focusing on its original plans of providing grants to the charitable sector via its Small and Major Grants programmes.
Funding Sources
Funding for our grants programmes comes from the Guernsey net proceeds of the Channel Islands Lottery and Guernsey Probate Registry. Following a States decision in 2021 SIF also receives a percentage of all seized assets proceeds to apply for community investment.
Funding Allocation
SIF’s funding allocation policy takes a prudent approach which allows for the allocation of our reserves over a five year term in order to give confidence and certainty to the Bailiwick’s third sector over the sustainability of SIF’s grant funding. SIF does not aim to build up our reserves but rather to allocate them sensibly. SIF does not assume anything for future years’ receipts of funding to ensure the board is spending within its means.
The amount available for funding to the charitable sector will be calculated each year based on the level of reserves taking into account (a) receipts in the previous year and (b) grants committed in the previous year (whether paid or committed for future years). This ensures that there is always certainty of funding for the sector over a further five years.
Recent Funding Rounds
Recent grant recipients can be viewed below. New funding application rounds will be announced on this site in due course.
