A: You should apply for the amount you need (although we generally will be looking for organisations to be developing a sustainable funding base, so this means not over-relying on any one funder).
Please don't ask for a grant that is disproportionate in the context of your overall funding. It makes sense in the long term to build relationships with a number of funding streams (trusts and foundations, business sponsors, Local Authorities etc) to ensure long term stability and this makes your application more attractive. You will probably not get, for example, £300,000 over 24 months if you are a start up with no track record or you have no other funders.
The Foundation does not set limits and makes grants across a fairly wide spectrum of sizes. Looking at grants we’ve made will give a useful indication of typical grant sizes. The Foundation rarely makes grants that are smaller than £5,000.
There is no maximum. However, the Foundation makes only a small number of grants in excess of £500,000 and it is unusual for the Foundation to give a grant of this size or larger to an organisation with which it does not already have a relationship.
Please note that the Foundation does not fund organisations with a regular annual turnover of less than £50,000