We all know that bidding for money has a fairly random success rate; although not as bad as bidding for a contract where succeeding in one in three would be par for the course. The Directory of Social Change recently estimated that 'ineligible applications made to the largest trusts in 2010 equated to seven years of wasted effort'. It is so good to know that we have this money to burn.
Oh and praise for the Joseph Rowntree Trust who insist that bids must not cover more than four sides of paper.
