Description
The Regular Charitable Payments (RCP) scheme is designed to provide regular financial assistance to eligible individuals with very low incomes, helping ease their financial challenges. This scheme is supported by a generous annual grant from Greenwich Hospital and aims to improve the quality of life for those in greatest need.
Key points about the RCP scheme include:
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Quarterly Payments: RCPs are disbursed quarterly to qualified beneficiaries. While the amounts provided through RCPs are modest, they can have a significant positive impact on the recipients' lives.
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Limited Number: There is a fixed number of RCPs available, which is currently just under 1000. The annual total for these payments amounts to just under £1 million.
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Application Process: Typically, prospective RCP recipients are identified when they apply for a grant for a specific purpose. However, applications specifically for RCPs may also be considered and are processed in a manner similar to general grant applications. This often involves working with casework organizations.
The RCP scheme is designed to provide ongoing financial support to those in financial hardship, offering a lifeline to individuals with very low incomes. It is funded by Greenwich Hospital and administered through a careful application process.
About The Royal Naval Benevolent Trust
The Royal Navy Benevolent Trust provides financial assistance and support to serving and former Royal Navy personnel and families in times of need.