Charities & Non-Profits + Grant Application: The Challenge
As charity, preparing bank statements for grant application is a common but time-consuming task. Grant applications often require evidence of financial health, cash flow, and how previous funding was spent — typically shown through bank statements.
How BankScan AI Helps Charities & Non-Profits with Grant Application
Make bank statement reconciliation simple for volunteer treasurers. Upload statements, get clean spreadsheets for your financial reports. For grant application specifically, BankScan AI extracts Current unrestricted reserves, evidence of matched funding, previous grant expen automatically.
How Charities & Non-Profits Handle Grant Application
When preparing bank statements for grant application, charities & non-profits need to Charity treasurers collect bank statements monthly, reconcile them against donation records and grant income, allocate expenditure to restricted and u. BankScan AI automates the data extraction step.
Key terms you'll encounter: restricted funds, unrestricted funds, fund accounting, Charity SORP.
How It Works
Upload bank statement PDFs
Supports all major banks. Upload 3-12 months, depending on the funder; Arts Council and Innovate UK typically require 3 months, while National Lottery may require a full year of statements for grant application.
AI extracts what you need
Our AI extracts Current unrestricted reserves, evidence of matched funding, — formatted for charities & non-profits workflows.
Complete your grant application work
Download Excel files ready for grant application. Summary of reserves and cash position, with previous grant funds ring-fenced or traceable, demonstrating the organisation can manage public money responsibly
Supported Banks
BankScan AI works with all major UK and US banks, including:
Features for Charities & Non-Profits — Grant Application
- Built for Charities & Non-Profits — Saves volunteer treasurers 2-3 hours per month on bank reconciliation, reducing reliance on accounting expertise that small charities often lack
- Software compatible — Output works directly with Xero, QuickBooks, LibreOffice Calc
- Built for Grant Application — Convert your bank statements to clear spreadsheets that demonstrate financial health, spending patterns, and fund usage for grant applications.
- Key data extracted — Current unrestricted reserves, evidence of matched funding, previous grant expenditure trail, operational costs demonstrating going-concern viability
Compliance: Charities & Non-Profits + Grant Application
When charities & non-profits prepare bank statements for grant application, specific compliance requirements apply.
- Charities with income over 250,000 GBP must have accounts independently examined or audited. The Charity Commission requires annual accounts and returns, and SORP (Statement of Recommended Practice) governs how charity accounts are prepared. Fund accounting rules require income to be tracked against specific restricted funds.
- Legal basis: Charity Commission CC25 guidance on charity accounts; specific funder terms and conditions governing financial evidence requirements
Grant Application — Built for Charities & Non-Profits
Grant rounds have fixed closing dates; applications without complete financial evidence are typically rejected outright rather than given extensions
Try Free — Charities & Non-Profits + Grant Application