The Wakeham Trust

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Groups of individuals as well as small community and voluntary groups within the UK that want to improve their communities can apply for funding through the Wakeham Trust. 

The Trust are particularly interested in supporting neighbourhood projects, community arts projects, projects involving community service by young people, or projects set up by those who are socially excluded. The Trust also support innovative projects to promote excellence in teaching (at any level, from primary schools to universities), though they never support individuals. The Trust normally gives grants to projects where an initial £75 to £750 can make a real difference to getting the project up and running. 

To be eligible, applicants need to be registered charities or have access to a registered charity that will be willing to accept funds on their behalf. 

Applications can be submitted at any time.
http://www.wakehamtrust.org/index.php