The document provides information about the Life Changes Trust, including its aims, outcomes, principles, and priorities. The Trust was established with £50 million to help young people leaving care and older people with dementia and their carers. It aims to transform the lives of these groups and provide long-term support. Eligible organizations can apply for development funding and to set up the Life Changes Trust Fund through a multi-stage application and due diligence process.

1. Life Changes Trust January 2011 programme briefing

3. About the Life Changes Trust Big Lottery Fund currently gives out half the money raised by the National Lottery for good causes. Our mission is to bring real improvements to communities and the lives of people most in need. Life Changes Trust is a £50 million investment that builds on our previous support for people most in need and focuses on young people leaving care and older people with dementia and their carers.

4. Life Changes Aim To have substantial and lasting impact, and achieve long-term transformational change for two groups of young and older people in greatest need. It will have the overall purpose of helping improve individual lives.

5. Life Changes Outcomes Transform the life chances of young people leaving care Fundamentally improve the lives of older people with dementia Fundamentally improve the lives of the carers of older people with dementia

6. Life Changes Principles Adoption of an approach that focuses on the physical, mental, social and emotional needs of the individual and provides unlimited, repeat access to flexible support and services by enabling people to access these as many times as is necessary, and for as long as is necessary Provision of both practical and emotional support Engagement with and help for services to identify and implement improvements and changes that will reduce the need experienced by the beneficiary groups and improve quality of life overall in the longer term

7. Life Changes Priorities – Care Leavers Create a more positive and supported transition to adulthood and independence Focus on the various stages at which young people leaving care face issues and challenges, for example, preparing for independent living, preparing for further education, training or employment Make support available to all young people up to the age of 25 (up to the age of 30 for young people with additional support needs) who have experienced the care system at some point in their lives, including young people looked after at home

8. Life Changes Priorities – People with Dementia Focus on the stage immediately following a diagnosis of dementia Enable people with dementia to make informed decisions about their current situation and the future Enable people with dementia to remain at home for as long as is appropriate

9. Life Changes Priorities – Carers of People with Dementia Focus on the stage immediately following a diagnosis of dementia Enable the carers of people with dementia to make informed decisions about their current situation and the future Enable carers to care for the person with dementia at home for as long as is appropriate

10. The Trust model – Key Stages 3. Preferred Candidate submits: business plan, manual of regulations, application for grant 2. Selection of Preferred Candidate following assessment 1. Expressions of Interest 4. Due diligence – by external assessors and by BIG’s assessing officers

14. The application process We invite proposals and select a preferred candidate The preferred candidate develops an application We assess the application and carry out due diligence The trust is set up and we pay the grant as an expendable endowment Up to £200,000 development funding available May 2011 February 2012

15. The proposal stage Set out your vision, approach and how you plan to meet our aim, objectives and outcomes.

16. The proposal stage Proposal received Initial checks Panel meeting Confirm decision Queries or further information request Presentation to panel

18. The application stage The preferred candidate submits a detailed business plan, manual of regulations and application form.

19. The application stage Application received Assessment and due diligence Decision Queries or further information request Trust and Company set up Grant payments Complete any due diligence follow up

20. Questions We will write up the questions and answers from today (plus any others we receive separately) and send them to you by the end of January 2010.