FAQs

About Funding

What does The Rank Foundation fund?

The Rank Foundation funds RankNet member organisations and leaders. In 2025, we invested £8.4m across all our grants and programmes. 

Our funding data is publicly available through 360 Giving. Transparency and accountability are at the core of our work, and we are committed to sharing our funding data openly. By publishing open grants data using the 360Giving data standards, we ensure that details about who, where, and what we fund are available in a format that anyone can access and use for free.  

What is the application process?

Grants are advertised on the RankNet membership portal.  

The Grants Committee meets four times a year to consider new applications for funding.  Successful applicants will hear the outcome within a few days of the Grants Committee meeting.   

Applications are submitted by RankNet members, by invitation only, on the RankNet portal or through Participatory Grant Making in place-based programmes. Links to guidelines, application forms and timelines are available for members on RankNet.

Who makes funding decisions?

The Grants Committee is made up of members of The Rank Foundation’s board of trustees.

What criteria are funding applications judged by?

Grants’ criteria vary dependent on the specific grant on offer. All applications must: 

  1. Come from a member of RankNet following an invitation to apply.
  2. Answer all application questions fully and clearly. While spelling or grammar aren’t judged, decision-makers must be able to understand what they are being asked to fund. 
  3. Fit The Rank Foundation’s charitable values.  

If successful, what terms are applied to the grant?

If successful: 

  • The grant must be held in a UK bank account requiring at least two unrelated signatories. 
  • Grant holders must maintain proper financial records and provide receipts or evidence of expenditure if requested. 
  • If the project involves working with children, young people, or vulnerable adults, the grant holder must have a safeguarding policy in place. 
  • We reserve the right to suspend or recover funds if:

    The grant is used for purposes outside the agreed scope.

    • You fail to comply with this agreement or legal requirements. 
    • There is evidence of financial mismanagement or improper use of funds. 
    • The Funded organisation enters insolvency, liquidation, or significant governance issues arise. 


We will always seek to resolve issues collaboratively before considering withdrawal of funding.
 

We encourage all RankNet members to: 

  • Engage with our online community on the RankNet portal 
  • Participate in relevant learning opportunities, networking events, or peer support initiatives 
  • Provide feedback on our funding process so we can continue to improve our approach 

What WON'T be funded?

The Rank Foundation won’t fund any unsolicited applications for funding from members or non-members of RankNet. 

Do you accept unsolicited or emergency applications?

No. Grant applications are only accepted from RankNet members following an invitation to apply.

Can I use AI to write my application?

Applicants are welcome to use AI to write applications. Everything submitted will be taken as an accurate and honest statement so if an application says something inaccurate, it would not be acceptable to blame AI for the inaccuracy. Ensure a human reads anything written by AI before it is submitted. 

If successful, what are the branding and reporting requirements?

Requirements are outlined in a grant agreement that goes to all successful applicants. We encourage acknowledgement of The Rank Foundation’s support in communications where appropriate. A logo and branding guidelines are available on request. 

What are The Rank Foundation’s reporting requirements?

The Foundation aims to make reporting as efficient as possible. Annually, grant recipients will be required to:     

  • Complete an online grant evaluation report.  This will include a brief evaluation of what has been achieved, key learnings, and challenges faced. 
  • Submit a financial report outlining expenditure, including explanations for any variances over 10% above or below planned expenditure. 

For multi-year funding, the Foundation requires the above reports before releasing the next instalment. 

At the end of the funding period, there may be an informal conversation to discuss the work and ongoing plans. 

About The Rank Foundation

What is The Rank Foundation and what does it do?

The Rank Foundation funds RankNet member organisations and leaders. In 2025, we invested £8.4m across all our grants and programmes. 

Our funding data is publicly available through 360 Giving. Transparency and accountability are at the core of our work, and we are committed to sharing our funding data openly. By publishing open grants data using the 360Giving data standards, we ensure that details about who, where, and what we fund are available in a format that anyone can access and use for free.  

What is RankNet?

RankNet is our online community platform. It is exclusively for the Rank Network to connect with each other. Using RankNet members can share their connect with other members, share stories, ideas and learning, apply for grants, training and events, access information and resources.

What is the RLAG?

The Rank Leaders Action Group (RLAG) was established in December 2015 to include members of the Network in the Foundation’s decision making. More information and current membership is available here.

What is Time to Shine?

A personal development programme for people who are just starting their career in the social sector to develop skills and confidence. It is open to RankNet members only. 

What is Profit for Good?

Profit for Good was launched in 2019 to boost enterprise and diversify income in the social sector. It is open to RankNet members only. 

What is Start Here?

Start Here is a skills and employment programme to aid recovery, resilience, and sustainability in Sports and VCSE organisations in Northern Ireland. 

What is The Fellowship?

The Fellowship is an alumni network of cross-sector leaders who were supported by the Rank Foundation in their youth.  

What is the School Leadership Award?

The School Leadership Award is one of Rank’s earliest programmes. It has supported almost 1,500 young people through their education, since 1978. 

What is a Community Action Placement?

A Community Action Placement funds community placements for young leaders, in their final two years of sixth form (aged 16-18) and part of our Leadership Award scheme. 

We are always looking to expand the group of charities that already host placements and we offer a grant to the host organisation for the placement. Find out more.

How is performance of Rank’s investments monitored?

Performance of the investment portfolio is monitored monthly with detailed reports being presented to the Investment Committee at each of their four meetings (minimum) per annum and separately to the Board of Trustees at every Board meeting. It is also monitored independently by our Investment Adviser each month, who report to the investment Committee and directly to the Board annually. The Investment Committee in consultation with our investment adviser, proposes and maintains suitable benchmarks against which investment performance may be compared. The Investment Committee meets four times per year, and performance is also reviewed by the Board of Trustees at every Board meeting, four times a year.   

How does the Rank Foundation respond feedback?

The Rank Foundation takes feedback seriously. The RankNet Leaders Action (RLAG) was established in December 2015 to include members of the Network in the Foundation’s decision making.  

RankNet member surveys and consultation along with independent evaluations of key programmes such as, Time to Shine, inform changes and developments to the Foundations programmes and practice.  

The Rank Foundation’s Complaints Policy is available here.

About The Rank Foundation’s Policies

What is The Rank Foundation’s complaints policy?

The Complaints Policy is available here. 

Other policies, include The Privacy Policy and the EDI policy. 

All policies are reviewed and updated regularly to adhere to the law.

How does The Rank Foundation embed Equity, Diversity and Inclusion (EDI) within its work?

We are committed to ensuring that Equity, Diversity and Inclusion (EDI) informs how we work, how we support our Network and how we invest in communities. We recognise that this is an ongoing journey and that there is always more to learn and do. 

Examples of how EDI is reflected in our work include: 

  • Recruitment and employment practices that seek to encourage diversity, equity and inclusion. 
  • Maintaining an accessible website and communications. 
  • Being an accredited Living Wage Employer and Funder. 
  • Embedding EDI considerations across our programmes. This includes initiatives such as The Change We Lead, which help leaders create more inclusive cultures and organisations.  

To learn more about how our programmes put these principles into practice, please see the examples below: 

All policies are reviewed and updated regularly to adhere to the law. 

What is the Foundation’s investment policy?

The Rank Foundation’s Investment Policy can be found in the Financial Review section of our Annual Report and Accounts. The policy is reviewed annually by the Investment Committee, which is a sub-committee of the Board of Trustees and reports directly to the Board.  The Board approves the Investment Policy annually.