# New £3 million foundation from unclaimed Halifax shares

- Link: https://fundraising.co.uk/2001/01/11/new-3m-foundation-unclaimed-halifax-shares/
- Published: 2001-01-11T00:00:00+00:00
- Author: Howard Lake

A new grant-making trust is to be launched this Spring from the Halifax bank which
will make grants of £3m a year. The endowment is funded from the shares of former
members of the building society who have not claimed their shares. About 145,000
people have failed to claim their shares, worth an estimated £170m.

Read Unclaimed Halifax shares fund £3m charitable foundation by Nicola Hill at SocietyGuardian.

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