Community Wealth Fund
Community Wealth Fund supports organisations helping residents in disadvantaged areas of England decide local spending and develop services and facilities to reduce inequality and strengthen communities.
Funder: National Lottery Community Fund
Due Dates: January 13, 2027 (Round 1 opens) | February 24, 2027 (Round 1 deadline) | September 2027 (Round 2 opens) | January 2028 (Round 3 opens)
Funding Amounts: £2.55 million per area over 10 years; £175 million total programme funding
Summary: Supports organisations helping residents in disadvantaged areas of England decide local spending, improve services and facilities, and reduce inequality.
Key Information: Applicants must be eligible nonprofit organisations with average annual income of at least £200,000 over the last three years.
Description
The Community Wealth Fund supports community-led change in disadvantaged areas across England. Delivered and managed by the National Lottery Community Fund, it helps residents improve local services and facilities, reduce inequality and bring communities closer together. One organisation in each eligible area will manage the funding and help residents decide how it should be invested.
Successful organisations will act as community anchors: building trust, understanding local needs, establishing community decision-making structures and supporting trusted local leaders. Their work includes identifying training needs, supporting project delivery, bringing residents and partners together, and planning for sustainability. Residents will set priorities and collectively decide investments, which could include new community spaces or youth programmes.
