Third Sector Resilience Fund (TSRF): analysis of applications and wards
Analysis of the data on applications to the Third Sector Resilience Fund (TSRF) and the awards made through the fund.
9. Loans
Interest-free loans with repayment holidays were offered to TSOs which required more than the maximum grant amount and could demonstrate the ability to repay the loan. The provision of these loans aimed to ensure that more finance and a greater overall level of support was available to the sector than that which would be available through grant funding alone.
In total, £3,062,247 was approved in TSRF loans to 29 TSOs. The size of the loans awarded ranged from £25,000 to £270,000, with an average size of £105,595. However, not all of these loans were taken up in full.
As at 12 October 2020, 24 TSOs had had their loans approved and received the loan funds. One further TSO was awaiting completion of paperwork before receiving their funds.
One TSO chose not to accept their loan offer in full, while four TSOs chose not to take up their loans at all after the loans were approved. Securing other funding was the main reason for organisations deciding not to take up their loan offers.
| Loan Status | Number of Loans Approved | Loan Amount Approved | Loan Amount Drawn |
|---|---|---|---|
| Loans Approved – Drawn in Full | 23 | £2,354,000 | £2,354,000 |
| Loans Approved – Undrawn[10] | 1 | £96,247 | 0 |
| Loans Approved – Partially Drawn | 1 | £192,000 | £30,000 |
| Loans Approved – Cancelled by TSO | 4 | £420,000 | 0 |
| Total Loans Approved | 29 | £3,062,247 | £2,384,000 |
Table 5: Loan Status (12 October 2020)
Excluding the three TSOs that did not take up their loan awards, loans were awarded to 26 organisations operating in 8 different sectors. Organisations operating in Health and Social Care (7) were the most common loan recipients, followed by those operating in Creative industries (7), and Tourism and Hospitality (5).
Number of Loan Awards by Sector
Excluding the three TSOs that did not take up their loan awards, loans were awarded to 26 organisations based across 13 local authority areas as well as one Scotland-wide organisation. Glasgow City accounted for the largest number of loan awards (9), followed by City of Edinburgh (3). As discussed in relation to TSRF grants, it is not surprising Glasgow and Edinburgh account for the largest numbers of loans awarded, given more voluntary organisations are based in these two cities than in any other local authority area.
Number of Loan Awards by Local Authority
Appendix 1: TSRF Grant Funding by Local Authority Summary Table
| No. of Applications | No. of Awards | Total Amount (£) Awarded | % of Funding Awarded | Amount Awarded (£) per Person | % of Applications Approved | |
|---|---|---|---|---|---|---|
| Aberdeen City | 73 | 35 | 734,591 | 3.2 | 3.21 | 48% |
| Aberdeenshire | 109 | 52 | 674,062 | 3.0 | 2.58 | 48% |
| Angus | 49 | 19 | 217,876 | 1.0 | 1.88 | 39% |
| Argyll & Bute | 101 | 49 | 864,369 | 3.8 | 10.07 | 49% |
| Clackmannanshire | 25 | 9 | 123,374 | 0.5 | 2.39 | 36% |
| Dumfries & Galloway | 104 | 45 | 357,211 | 1.6 | 2.40 | 43% |
| Dundee City | 79 | 41 | 447,531 | 2.0 | 3.00 | 52% |
| East Ayrshire | 60 | 30 | 309,186 | 1.4 | 2.53 | 50% |
| East Dunbartonshire | 19 | 7 | 48,145 | 0.2 | 0.44 | 37% |
| East Lothian | 58 | 20 | 248,505 | 1.1 | 2.32 | 34% |
| East Renfrewshire | 22 | 9 | 58,140 | 0.3 | 0.61 | 41% |
| City of Edinburgh | 230 | 95 | 1,478,938 | 6.5 | 2.82 | 41% |
| Falkirk | 56 | 16 | 232,346 | 1.0 | 1.44 | 29% |
| Fife | 162 | 78 | 637,493 | 2.8 | 1.71 | 48% |
| Glasgow City | 352 | 188 | 2,789,672 | 12.3 | 4.41 | 53% |
| Highland | 182 | 83 | 1,273,121 | 5.6 | 5.40 | 46% |
| Inverclyde | 25 | 12 | 304,841 | 1.3 | 3.92 | 48% |
| Midlothian | 49 | 22 | 357,929 | 1.6 | 3.87 | 45% |
| Moray | 48 | 22 | 458,617 | 2.0 | 4.79 | 46% |
| Na h-Eileanan Siar | 44 | 28 | 401,614 | 1.8 | 15.03 | 64% |
| North Ayrshire | 71 | 37 | 381,061 | 1.7 | 2.83 | 52% |
| North Lanarkshire | 106 | 36 | 515,416 | 2.3 | 1.51 | 34% |
| Orkney Islands | 18 | 8 | 131,641 | 0.6 | 5.91 | 44% |
| Perth & Kinross | 78 | 32 | 523,830 | 2.3 | 3.45 | 41% |
| Renfrewshire | 66 | 29 | 350,636 | 1.5 | 1.96 | 44% |
| Scottish Borders | 78 | 36 | 412,792 | 1.8 | 3.57 | 46% |
| Shetland Islands | 28 | 15 | 233,711 | 1.0 | 10.20 | 54% |
| South Ayrshire | 44 | 18 | 258,235 | 1.1 | 2.29 | 41% |
| South Lanarkshire | 79 | 40 | 337,881 | 1.5 | 1.05 | 51% |
| Stirling | 64 | 27 | 374,075 | 1.7 | 3.97 | 42% |
| West Dunbartonshire | 28 | 13 | 227,553 | 1.0 | 2.56 | 46% |
| West Lothian | 57 | 28 | 469,684 | 2.1 | 2.57 | 49% |
| Scotland-wide | 431 | 170 | 6,418,746 | 28.3 | n/a | 46% |
| Not Known | 1 | 0 | 0 | 0 | n/a | 0% |
How to access background or source data
The data collected for this social research publication:
☐ are available in more detail through Scottish Neighbourhood Statistics
☐ are available via an alternative route
☒ may be made available on request, subject to consideration of legal and ethical factors.
☐ cannot be made available by Scottish Government for further analysis as Scottish Government is not the data controller.
Contact
Email: socialresearch@gov.scot
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