Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Culture, Media and Sport, what steps she is taking to help ensure the financial sustainability of charities.

This government recognises the vital role that charities have played in providing, often life-saving work in our society in increasingly difficult circumstances.

DCMS is supporting charities with their financial sustainability in a number of ways. DCMS delivers a number of grant programmes which help voluntary, community and social enterprises (VCSEs), including charities. For example, the £25.5m VCSE Energy Efficiency Scheme is supporting frontline organisations across England to improve their energy efficiency and sustainability, through independent energy assessments and capital grants. This funding runs until March 2025.

Support for charities is available through social investment which provides access to grants, repayable finance and a blend of the two. This government is continuing to look at how dormant assets can be used to support the availability of finance to facilitate VCSEs becoming more entrepreneurial and financially resilient. An estimated £350 million will flow into the Dormant Assets Scheme between 2024-28, with details on how this money will be allocated to be provided in due course.

Support is also available through the Contract Readiness Programme, a £900,000 package of support enabling VCSEs in England to better compete for government contracts. The programme provides fully funded training for VCSEs interested in bidding for public contracts. This aims to create more opportunities for VCSEs to secure contracts, helping to diversify their income and increase their sustainability. Since launch, over 850 VCSEs have benefitted from the programme. This programme will run until March 2025.