Leeds Building Society Foundation launches new large grants programme for local charities
- charitylinks
- Oct 2, 2022
- 3 min read
Updated: Oct 13, 2022
Leeds Building Society Foundation has launched a new large grants programme offering local charities who are supporting people in need of a safe and secure home, the opportunity to receive up to £100,000.
The charitable foundation, which is funded by Leeds Building Society, is inviting applications from UK registered charities delivering vital services or projects in Yorkshire/Humberside and the North East regions.
Charities can apply for grants between £25,000 to £100,000 over one, two or three years to cover core, project, or capital costs. The closing date for this round of grants is 31st October 2022. Further funding rounds take place in March, June and September each year.
As well as the new large grants programme just announced, the Foundation continues to provide small grants of up to £1,000 to charities right across the UK. These charities need to have a turnover of less than £1 million and be a UK registered charity.
Details of how to apply for a grant can be found by clicking here.
Gary Hetherington, Chair of Leeds Building Society Foundation said,
“We believe everyone deserves the right to a safe and secure home, and we welcome applications from charities who are providing essential support to the most vulnerable people in society.
“If your organisation is delivering practical refuge through temporary accommodation, advice and advocacy for those at risk of homelessness, support to keep people in their own homes or another essential service that aligns with our purpose, then it may certainly be worthwhile applying to us for a grant.”
Richard Fearon, CEO of Leeds Building Society said,
“The cost-of-living crisis is going to put many people and charities under increasing pressure, so we’ve more than tripled the donation to our charitable foundation from £90,000 to £300,000 a year to enable our foundation to help more people.
“This is just one of the ways we’re supporting our communities including fundraising for our charity partner Dementia UK, responding to international emergencies in Ukraine and Pakistan and encouraging our employees to volunteer their time and nominate good causes.”
Successful funding applications must align with the Foundation’s purpose of supporting people in need of a safe and secure home, and one or more of the following themes: sustainability, health, financial stress, accessibility, education and advice, security and refuge.
Leeds Building Society Foundation.
The Foundation was established in 1999 and has provided over £2 million to 3,000 charities who support those who are disadvantaged or in vulnerable circumstances
The Foundation is run independently by a Board of eight Trustees, who review applications every three months at meetings held in November, March, June and September.
The Foundation receives funding from Leeds Building Society and from members donations via the 'Your Interest in Theirs scheme'. Members can opt-in to donate the pence of their interest which is then equally split between Leeds Building Society Foundation and the Society’s national charity partner.
Large grants of up to £100,000 over one, two or three years, are available for UK registered charities delivering projects in Yorkshire/Humberside and the North East – aligning with our Leeds Head Office and Newcastle contact centre sites.
About Leeds Building Society.
Leeds Building Society has received a Gold Ribbon from Fairer Finance for savings accounts for the fifth year running, based on customer happiness and trust, along with the ability to explain things clearly.
Leeds Building Society operates throughout the UK and had assets of £24.1bn at 30 June 2022 (£21.1bn 30 June 2021). The UK’s fifth-largest building society has its head office in the centre of Leeds, where it was founded in 1875.
The Leeds Building Society Foundation is just one of the ways that Leeds Building Society supports charities and communities. The UK’s fifth largest building society has pledged to donate £1.5m to good causes between 2021-2025. So far, employees and members have raised over £400,000 for Dementia’s UK’s Closer to Home project, which provides much needed support to families living with dementia.
In 2022, Leeds Building Society, it’s members and employees raised over £100,000 in response to the emergency in Ukraine, and earlier this month the Society donated £25,000 to the DEC Pakistan flood appeal. Every employee receives 14 paid volunteering hours and has an opportunity to nominate charities, environmental and community projects to receive a share of £250,000, which will be announced and awarded by the end of the year.
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