The St. James's Place Charitable Foundation reaches £100million milestone
Monies raised through fundraising and corporate matching support charities making transformational changes to people’s lives in the UK and overseas. The Charitable Foundation at St. James’s Place has reached the £100 million mark for monies raised through fundraising and corporate matching, supporting charities to make transformational change to people’s lives in the UK and overseas. Established in 1992, the Charitable Foundation is the 6th largest corporate Foundation in the UK1 and has a focus on supporting smaller grassroots charities through a range of grant programmes enabling positive and lasting change to the beneficiaries of the organisations it supports. It has four core funding themes: Helping children and young people who have a physical or learning disability or are disadvantaged Hospices Cancer support charities Mental Health The community of St. James’s Place, including employees and advisers, undertake a wide range of fundraising activities throughout the year, and 87% give a regular monthly gift to the Foundation. Every pound raised is matched by St. James’s Place. In addition to fundraising activities, the St. James’s Place community are encouraged to give their time and skills to charities in their local areas, providing over 14,000 hours in 2019. The Charitable Foundation’s impact is far reaching and enables long-term positive change for the charities it supports and their beneficiaries: Over the past 28 years it has granted over £96 million to charities, with £13.9 million granted in 2019 – the largest annual amount to date. It provides funding and support to over 900 charities every year, with 88% of funding going to charities in the UK and 12% overseas. Over 1.8 million people have been directly supported. Such support can range from paying the salary of a youth worker supporting disadvantaged young people through to supporting the build costs of a specialist hydrotherapy pool for children with severe disabilities. A further 5.3 million people have been supported indirectly. Catherine Ind, Head of The Charitable Foundation at St. James’s Place, says:“The events of this year and the pandemic have really shone a light on the charitable sector, the importance of the work it does and the ongoing challenges it faces for funding. Charities are not only suffering from the impact of lost income due to fundraising activities being restricted, but also an increasing demand for their services to support the additional challenges caused by the pandemic." "The support of the St. James’s Place community is invaluable in enabling us to make grants to some amazing charities in the UK and overseas, who now more than ever need our support." Andrew Croft, CEO at St. James’s Place, says: “The Charitable Foundation has always been a very special part of St. James’s Place and its continued growth shows just how much it means to our community, epitomising the founding principle on which it was formed – to give back and make a positive and lasting difference to people’s lives." “It’s a special moment to reach the £100 million milestone and I am very proud of the continued enthusiasm and commitment by the St. James’s Place community to give their time, money and support to the Foundation and the many fantastic causes it helps on a daily basis.” COVID-19 Appeal The Charitable Foundation has so far given £2 million of support to charities through the pandemic. This includes £450,000 awarded to the National Emergencies Trust, £250,000 to NHS Charities Together and a £50,000 donation to the Trussell Trust. St. James’s Place also gave a further £100,000 to the Trussell Trust to support additional infrastructure changes to cover the significant increase in demand caused by the pandemic. The support to the sector so far during this period has helped charities to adapt their delivery methods, develop new initiatives and provide emergency funding.