We know that some Big Local partnerships are interested in becoming their own locally trusted organisation, with a funding agreement with Local Trust. If you are considering this we have set out below how we approach this, our requirements and some of the things you might need to do.
If partnerships choose to become their own locally trusted organisation, then your partnership will need to become a legal entity to have a funding agreement with Local Trust, and then you will need to manage, monitor and report on the funding in line with your Big Local plan. As a locally trusted organisation you will put funding agreements in place with other organisations, groups and individuals to deliver projects, activities and services. You might also directly deliver some of the projects, activities and services in your plan.