Recurring Meeting Support Scheme

The Applied Probability Trust is committed to supporting the Applied Probability community. One way we do this is by providing grants to support workshops. We do this in two different, but related ways. These are:

Funding route status

This funding route is open.

Scope

The Applied Probability Trust funds a small number of prominent recurring conferences. When such a meeting is approved by APT for support, the intent is to provide long-term support over multiple iterations of the event, subject to regular review by APT.

Application and Decision Timelines

If a recurring conference or meeting wishes to be considered for long-term support (over multiple iterations of the event), the organisers should fill out this form. The amount allocated to each meeting will be decided by the trustees based on a number of factors (such as number of attendees). Decisions will generally be made within six months of application submission (and often shorter).

Award Conditions

The APT asks that organisers adhere to the following guidance:

Furthermore, in order to receive APT funding for the next iteration of such a recurring meeting, APT expects to receive a short report from the organisers of the previous meeting indicating how the APT funds were spent (for purposes of the UK charitable trust authority), the number of attendees at the meeting, and a statement that the balance sheet surplus conditions listed below were met. This post meeting report template can be found here. If any of these criteria pose a problem, please contact the APT office to discuss further.

Balance Sheet Surplus Conditions

The following is in addition to the above award conditions which are more related to the meeting logistics and publicity. The following is related to the closing balance (profit/loss) after the meeting. 

The APT recognises that it is hard to forecast actual costs of meetings and numbers of attendees. Furthermore, due to the time taken for various admin processes to be carried out, it is often the case that one doesn’t know until months after the event as to whether a profit or loss was made. In particular, APT funding should not contribute towards an institutional profit made from such an event.

In view of this, the APT would like all recipients of funding to commit to a policy regarding the responsible use of surplus funding made from meetings which receive APT funding.

If the supported meeting makes a surplus, then at least the minimum value of "the overall surplus" and "the APT sponsorship" will be carried over to the following meeting in the series and utilised by organisers as a ring fenced source of funding to spend on enhancing the support on offer to attendees. For example to support PhD student travel, poster printing costs, caregiver support (i.e. childcare support for parents attending). 

Example One: If the APT sponsors £2,500 and the meeting makes a surplus of £3,750, then at least £2,500 is passed to the organisers of the next meeting for attendee support purposes. 

Example Two: If the APT sponsors £2,500 and the meeting makes a surplus of £1,750, then £1,750 is passed to the organisers of the next meeting for attendee support purposes. 

It will not be uncommon for the "carry over ring fenced" funding to occur in consecutive years, or indeed grow/shrink year on year.

As a result of this policy, the conference organisers know that there will always be money to support the reasons stated in their application, and the APT knows that its funds will not be used to generate additional profit for a larger organisation. Please direct any questions regarding the above policy to the Applied Probability Trust office.