Many nonprofits face situations where donor funding has been approved, but disbursements are delayed. These temporary cash flow gaps can impact programme delivery, staff salaries, and day-to-day operations, despite funds being committed.

The LMP Bridge Fund has been created to help nonprofits navigate these short-term funding delays. Through interest-free bridge loans, the fund enables eligible organisations to continue operating smoothly while awaiting donor disbursements.

The initiative is supported by #LivingMyPromise, a community of philanthropic Indians committed to strengthening the social sector and supporting organisations working towards meaningful social impact.

Fund Overview

Loan Amount: Up to ₹10 lakh per organisation
Loan Type: Interest-free bridge loan
Geography: PAN India
Sectors: Open to organisations across sectors
Application Window: 25 May - 30 June

The final loan amount will be determined by the selection committee based on the project's requirements and funding gap.

Why Apply?

The Bridge Fund is designed to help nonprofits:

Continue programme implementation without disruption
Avoid delays in staff salaries and operational expenses
Maintain beneficiary services during funding delays
Bridge the gap between donor approval and fund disbursement

Who Should Apply?

This opportunity is suitable for nonprofits that:

Have an annual expenditure of ₹5 crore or less
Have a signed MoU or funding agreement with a donor
Are experiencing a temporary delay in receiving committed donor funds
Require a bridge loan of up to ₹10 lakh
Are seeking support for a project valued at less than ₹2 crore
Have a project duration of at least six months

Applications supported by a Living My Promise (LMP) signatory or SVP member will be given preference during the review process.

Eligibility Criteria

To be considered, organisations must:

Submit a copy of a signed donor MoU or agreement
Request a loan amount that does not exceed ₹10 lakh
Ensure the requested loan does not exceed 50% of the first donor disbursement tranche outlined in the MoU
Apply for only one project under the fund
Provide all required compliance and financial documents

Application Process

Application Submission: Submit the application form along with all required documents.
Eligibility Screening: The LMP team will review applications for basic eligibility and completeness.
Committee Review: Eligible applications will be shared with the Bridge Fund Selection Committee for evaluation.
Review Discussion: Selected organisations may be invited for a discussion with the committee.
Final Decision: Successful applicants will be informed of the committee's decision and next steps.

Required Documents

Applicants should be prepared to submit:

Signed donor agreement/MoU
Board resolution or authorised signatory approval for availing the loan
Audited financial statements for FY 2024–25 and FY 2025–26 (if available)
Post-dated cheque for the approved loan amount
Registration and compliance documents, including FCRA documentation where applicable

For any questions regarding the fund, please contact: Susai Antony Raj (Phone: 8892216510,
Email: susai.livingmypromise@gmail.com)

Please note: The Bridge Fund is managed by a volunteer-led team. All information and processes are subject to change based on emerging requirements.

Bridge Fund (Loan): Short-Term Cashflow Support for NGOs

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