Is a high level of unrestricted funding based on an organisation's own resources positively scored?
Yes, funding unrestricted or unearmarked to specific programmes or projects is positively assessed. Bidders may make light of this in section 3 of the bid form (Financial resources) in the section labelled 'Funding source(s)' and/or in the free text box labelled 'Strength of the organisation’s financial resource'.
What can be considered restricted or unrestricted funding?
Unrestricted or unearmarked funding refers to financial contributions that are not tied to specific projects, programs, or activities. This type of funding allows organisations to allocate the money where it is most needed, giving them the flexibility to address urgent needs, cover operational costs, invest in long-term goals, and adapt to changing circumstances.