Veronica And Lars Bane Foundation Cio

Charity Number: 1183391

Annual Expenditure: £0.3M

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Quick Stats

  • Annual Giving: £282,579 (2024)
  • Success Rate: N/A (invitation only)
  • Decision Time: Not publicly disclosed
  • Grant Range: Varies by charity size and project ambition
  • Geographic Focus: International (Nepal, South Africa, Kenya) and regional (UK and Europe)

Contact Details

Website: www.banefoundation.org

Email: grants@banefoundation.org

Phone: 07921 894842

Registered Charity Number: 1183391

Overview

The Veronica and Lars Bane Foundation CIO was established in 2019 by Swedish philanthropists Veronica and Lars Bane, who are based in London. The foundation distributed £282,579 in grants during 2024 and operates with a philanthropic investment approach aimed at improving lives. Their commitment to social causes and equality drives their support for organizations working to change the world for the better. The foundation supports both leading institutions and grassroots organizations working at a local level, with grants varying according to the size of the charity and the ambition of the project being undertaken. They emphasize working through well-regarded charities that have existing access and expertise in their target areas, believing this to be the most cost-effective way to contribute toward a better future.

Funding Priorities

Grant Programs

The foundation does not operate fixed grant programs or funding tiers. Instead, grants are tailored to each recipient organization based on:

  • The size and capacity of the charity
  • The ambition and scope of the proposed project
  • The organization's expertise and track record

Application Method: Invitation only - no public application process

Priority Areas

1. Youth and Education

  • Supporting disadvantaged school children in developing countries
  • Contributing to major educational institutions including secondary schools and universities
  • Organizations that aim to democratize education
  • School-building and teacher training programs
  • Childcare facilities in rural communities
  • Organizations addressing educational disadvantages

2. Livelihoods and Human Rights

  • Campaigns promoting equal rights for all
  • International development initiatives
  • Job creation programs, particularly those empowering women
  • Organizations investigating and reporting on human rights abuses globally
  • Initiatives to end child marriage

3. Health and Wellbeing

  • Charities combating diseases
  • Childbirth and women's health initiatives
  • Medical organizations working in conflict zones
  • Reconstructive surgery programs for children
  • Healthcare access in rural and underserved areas

4. Arts and Culture

  • Cultural organizations that delight, inspire, and educate audiences
  • Theatre supporting new writing and emerging writers
  • National art galleries and local theatre
  • Artist-led initiatives
  • Digital projects expanding access to the arts
  • Art acquisitions

What They Don't Fund

No specific exclusions are publicly documented, though the foundation's stated focus areas provide implicit boundaries for their grant-making activity.

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Governance and Leadership

The foundation is governed by four trustees:

  1. Lars Bane - Co-founder
  2. Veronica Bane - Co-founder
  3. Georg Kjällgren - Trustee
  4. Martin Wiwen-Nilsson - Trustee

The foundation describes its approach with the principle that they “view grantmaking as a philanthropic investment in improving lives” and aim to provide “transformative opportunities that would otherwise be out of reach” for recipient organizations.

Application Process and Timeline

How to Apply

This funder does not have a public application process.

The foundation explicitly states on their website: “We are not currently looking for unsolicited grant applications.”

Grants are awarded through the trustees' own research and discretion, identifying organizations that align with their strategic priorities. The foundation works with innovative and well-regarded organizations across their four focus areas, supporting both international programs and local/regional charities.

Getting on Their Radar

The foundation identifies potential grantees through their own networks and research into organizations working in their priority areas. Their current portfolio includes partnerships with:

Education: London Academy of Excellence, Abaarso School of Science and Technology (Somaliland), Project Playground (Sweden), School-Home Support, BiteBack 2030

Health: Virtual Doctors (Zambia/Malawi), Smile Foundation (South Africa), Fistula Foundation

Human Rights/Livelihoods: Hand in Hand International, Human Rights Watch, Vow for Girls

Arts & Culture: Hampstead Theatre, Roundhouse (London)

Organizations should note that the foundation emphasizes working with charities that demonstrate individual expertise in their field and have established access to the communities or sectors they serve.

Decision Timeline

Not publicly disclosed. As the foundation operates on an invitation-only basis without a formal application process, decision timelines are determined on a case-by-case basis.

Success Rates

Not applicable - the foundation does not accept unsolicited applications.

Reapplication Policy

Not applicable - no public application process exists.

Application Success Factors

Since the foundation does not accept unsolicited applications, traditional application success factors do not apply. However, organizations that appear in their portfolio share these characteristics:

Strong Track Record and Expertise: The foundation states they support “innovative and well-regarded organisations” and emphasize working through charities with “individual expertise” in their fields. Demonstrated impact and professional operations appear essential.

Alignment with Strategic Priorities: All supported organizations clearly fall within one of the foundation's four focus areas (youth and education, livelihoods and human rights, health and wellbeing, or arts and culture).

Transformative Potential: The foundation emphasizes that their grants should be “transformative for the recipient, giving opportunities that would otherwise be out of reach.” They seek projects with significant ambition and impact potential.

Local Expertise and Access: The foundation believes "supporting local and relying on charities' individual expertise is the most cost-effective way through which the Foundation can contribute towards a better future." Organizations with established community connections and on-the-ground presence in target areas are favored.

Range of Scale: The portfolio includes both major institutions (like national art galleries and secondary schools) and grassroots community projects, indicating the foundation is open to organizations of various sizes provided they demonstrate effectiveness.

Geographic Focus: Current supported programs operate in Nepal, South Africa, Kenya, UK, Europe, Zambia, Malawi, and Somaliland, suggesting these regions align with the trustees' interests.

Key Takeaways for Grant Writers

  • No unsolicited applications accepted - This foundation operates entirely through trustee discretion and their own identification of potential grantees
  • Relationship-building is key - With no public application process, connections within the foundation's network or visibility within their priority sectors is essential
  • Demonstrate transformative potential - The foundation seeks projects that will create opportunities “otherwise out of reach” for beneficiaries
  • Emphasize local expertise - Organizations with established community access and field-specific expertise align with the foundation's investment philosophy
  • Scale is flexible - The portfolio ranges from major institutions to community projects, so organization size is less important than effectiveness and ambition
  • Geographic alignment matters - Current focus areas include Nepal, South Africa, Kenya, and UK/Europe, plus select other developing countries
  • Patient capital approach - As a young foundation (established 2019) with growing assets, they appear to be building a strategic portfolio rather than responding to applications

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