Annual Review and Accounts 2024

2024 marked a new phase for Trust for London, as we launched our 2030 strategy. This strategy sets out our vision for the fairer London we believe is possible, and where we want to direct our funding to make it a reality.

Under the new strategy, we reopened our main grants programme to new applicants. For the first time, applications we're reviewing grants on a year-round basis, allowing us to respond more flexibly to the needs of London’s communities. We also introduced clearer, more transparent criteria for how we assess applications, and committed to sharing more about how and why we make funding decisions. We know that applying for funding takes time and energy. We want to respect that effort, and help organisations understand where we’re coming from.

Our new strategy focuses on seven key areas:

  1. decent work
  2. the housing crisis
  3. social security
  4. the poverty premium
  5. migrant destitution
  6. racial justice
  7. disability justice

These issues remain both deeply interconnected and entrenched. Real progress requires long-term investment and sustained collaboration. That’s why we continue to support work that tackles the root causes of inequality, even when the impact may take years to emerge.

Just as important as what we fund is how we fund. I’m proud that we’ve taken steps to make our processes more open, accessible and transparent. In 2024, we moved to a rolling application model, so that groups can apply at a time that suits them. We’ve set clearer criteria for decision-making, and we’ve published more about what we’re learning along the way. And we continue to encourage organisations to speak to us before they apply, so we can let them know if they are eligible for funding. These changes are the result of feedback from applicants and funded partners who told us that funders should do better.

Omar Khan, chair of Trust for London

Key funding facts 2024

  • £9.3m

    Invested in London
  • £92,368

    Average grant amount
  • 96

    Grants made

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Annual Review 2024 cover

04 August 2025

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