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    11.funding Directory

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    ImprovingSupport
    Banks and building societies provide support to voluntary organizations in several ways. Some set up foundations using funds from demutualization that provide grants through application procedures. Support varies by institution but most wish to contribute locally, nationally, or internationally. Applications require form filling and meeting funding guidelines. Reasons for bank donations include philanthropy, community goodwill, corporate image, and tax benefits. Support also includes staff volunteering, expertise, and payroll giving. Controversial causes may be less likely to receive funding.

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    11.funding Directory

    Uploaded by

    ImprovingSupport
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    Banks and building societies provide support to voluntary organizations in several ways. Some set up foundations using funds from demutualization that provide grants through application procedures. Support varies by institution but most wish to contribute locally, nationally, or internationally. Applications require form filling and meeting funding guidelines. Reasons for bank donations include philanthropy, community goodwill, corporate image, and tax benefits. Support also includes staff volunteering, expertise, and payroll giving. Controversial causes may be less likely to receive funding.

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    1285780383 11.Funding Directory

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    Banks and building societies provide support to voluntary organizations in several ways. Some set up foundations using funds from demutualization that provide grants through application procedures. Support varies by institution but most wish to contribute locally, nationally, or internationally. Applications require form filling and meeting funding guidelines. Reasons for bank donations include philanthropy, community goodwill, corporate image, and tax benefits. Support also includes staff volunteering, expertise, and payroll giving. Controversial causes may be less likely to receive funding.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    40 views4 pages

    11.funding Directory

    Uploaded by

    ImprovingSupport
    Banks and building societies provide support to voluntary organizations in several ways. Some set up foundations using funds from demutualization that provide grants through application procedures. Support varies by institution but most wish to contribute locally, nationally, or internationally. Applications require form filling and meeting funding guidelines. Reasons for bank donations include philanthropy, community goodwill, corporate image, and tax benefits. Support also includes staff volunteering, expertise, and payroll giving. Controversial causes may be less likely to receive funding.

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    Download as doc, pdf, or txt
    of 4

    Support from Banks and Building Societies

    Who are they?

    Banks and building societies have a tradition of helping the voluntary sector.
    Some of them set up foundations using some of the funds when they
    demutualised (eg: Lloyds TSB Foundation)

    Who can apply?


    This varies according to the financial institution. There is a genuine wish by most
    banks to contribute to charitable and community activity on an international, national
    or local basis. With some financial institution this is very organised and structured,
    sometimes with foundations independently set up disbursing a proportion of their
    profits through formal and accountable application procedures. The larger of these
    trusts will be covered in the section on funding from Trusts and Foundations.

    What do they fund?


    Most financial institutions have published donation policies. You will need to consult
    their guidelines to see whether they can help you.

    How do you apply?


    You will need to do some form filling. The amount will vary according to the financial
    institution.

    How much?
    The amount you can apply for will be set out clearly in guidelines.

    Pros: Cons:
    Clear procedures Complicated form filling and financial plans
    may be necessary
    Help usually available Financial procedures and accounting will
    probably need to be followed
    Staff support may be available

    Why do banks give to voluntary and community


    organisations?

    Giving is just part of what they now term ‘Corporate Responsibility’. This also covers
    their impact on the environment and on the communities where they operate, their
    terms and conditions for suppliers and the working conditions for their workers.

    The give for a variety of reasons:


    • philanthropy
    • to generate goodwill in the communities where they have a
    presence
    • to develop a particular image for the company – association with
    helping schools or hospitals, funding sport and activity, sponsoring
    opera or theatre
    • conscience – banks often support debt advice services
    • to support their staff and develop their relationship with them –
    time off for charity activity, encouraging their collections for charity
    • to take advantage of tax concessions – payroll giving, matching
    employee donations

    Most financial institutions are becoming pro-active in their support for good causes -
    setting their priorities well in advance and pro-actively choosing the causes they will
    support, rather than simply responding to requests.

    How do banks give?

    As you see banks do not just give money, they give support in a variety of other
    ways. They also support their employees and their community interests.

    Apart from organised funding, financial institutions may offer help such as:
    • Donations
    • Regular giving from staff salary
    • Support for volunteers – community clean up events, painting the
    village hall
    • Staff involvement - paid time for staff to give to voluntary work/projects
    • Secondment of skilled staff offering skills and company expertise
    • Sponsorship of local events

    Why banks may not give?

    Company image is very important. Financial institutions do not like to court


    controversy. They like to be associated with causes that are simple to understand
    and universally popular. Sport for children is more likely to be supported than drug
    rehabilitation. They will probably avoid giving to animal rights organisations or for
    political ends. It is worth considering where you fit in the popularity stakes before you
    start. Unpopular causes may be better placed when applying to trusts and
    foundations.

    Information supplied by www.fit4funding.org.uk from The Charities Information


    Bureau. Further help and information about funding is available on the
    www.fit4funding.org.uk website.

    Only some of the major players in the financial sector have been included in
    this list. There are other banks and building societies, especially with a
    regional or local base. Contact your branch directly to see what programmes
    of help they offer community groups and voluntary organisations. It may help
    if your group, or even the group members, bank with them.

    Key:
    • % Members of the UK percent club giving 1% of UK pre tax profit for
    community activity
    • I International interest
    • S Sponsorship, Arts, Sport, Events, etc
    • N Supporting and/or sponsoring a national charity(ies)
    • P Supporting staff participation, community interests and/or matching
    donations, payroll giving
    • L Supporting local charities in the communities they operate – ask at
    local branch, outlet, factory, etc.
    • D Donations for community groups
    • F Foundation or trust requiring formal application
    • V Provide expertise, paid volunteers from staff, or secondment
    • A Awards and prizes, sponsorship or funding through partner
    voluntary organisations

    Abbey
    http://www.abbeynational.com/home/comm_inv/comm_inv-trust.htm
    Interests: education, training, community, regeneration, financial advice
    L,D,F

    Alliance & Leicester


    http://www.alliance-leicester-group.co.uk/html/csr/community_relations.asp
    Interests: education, community, financial advice
    P,L,V

    Barclays
    http://www.barclays.co.uk/corporateresponsibility/community/index.htm
    Interests: general, sport
    %,A,P,V

    Bristol & West


    http://www.bristol-west.co.uk/mediacentre/CommunityAffairs.asp
    Interests: national partnership with Childline
    N

    C&G (Cheltenham & Gloucester)


    http://www.cheltglos.co.uk/community.html
    Interests: children, numeracy, literacy, community
    P,L

    HBOS (Halifax - Bank of Scotland)


    http://www.hbosplc.com/community/Communityrelations.asp
    Interests: community through foundation, social banking, sponsorship, arts
    S,N,P,T,L,F,V

    HSBC
    http://www.hsbc.com.ph/ph/aboutus/commun/commun.htm
    Interests: sponsorship, international, education, environment
    I,S,N,P,L,V

    Leeds Building Society


    http://www.leedsbuildingsociety.co.uk/about/charitable_foundation.html
    Interests: homelessness, social deprivation, community, through foundation
    L,F

    Lloyds TSB
    http://www.lloydstsbfoundations.org.uk/
    Interests: community, general, substantial help through Lloyds TSB Foundations,
    regional & national
    %,F,N,L

    Nationwide
    http://www.nationwidefoundation.org.uk/
    Interests: social, arts, children through foundation
    N,L,F

    Northern Rock
    http://www.nr-foundation.org.uk/
    Interests: community in NE region through Northern Rock Foundation
    %,L,F,V

    Royal Bank of Scotland (also Natwest )


    http://www.rbs.com/corporate02.asp?
    id=CORPORATE_RESPONSIBILITY/COMMUNITY_INVESTMENT
    Interests: education, employment and enterprise
    N,P,L,D,V

    Yorkshire Building Society


    http://www.yorkshirebuildingsociety.co.uk/about_us/charity/index.jsp
    Interests: community, also through foundation
    L,P,D,F

    Key:
    • % Members of the UK percent club giving 1% of UK pre tax profit for
    community activity
    • I International interest
    • S Sponsorship, Arts, Sport, Events, etc
    • N Supporting and/or sponsoring a national charity(ies)
    • P Supporting staff participation, community interests and/or matching
    donations, payroll giving
    • L Supporting local charities in the communities they operate – ask at
    local branch, outlet, factory, etc.
    • D Donations for community groups
    • F Foundation or trust requiring formal application
    • V Provide expertise, paid volunteers from staff, or secondment
    • A Awards and prizes, sponsorship or funding through partner
    voluntary organisations

    Information supplied by www.fit4funding.org.uk from The Charities Information


    Bureau. Further help and information about funding is available on the
    www.fit4funding.org.uk website.

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