# Building Society AGM vote generates £25,000 for charity

- Link: https://fundraising.co.uk/2007/04/29/building-society-agm-vote-generates-25000-charity/
- Published: 2007-04-29T23:00:00+01:00
- Author: Howard Lake

To encourage members to vote in its 2007 Annual General Meeting, Yorkshire Building
Society promised to make a donation to charity for every valid vote cast. At 15p
for every vote and 25p for those made online or delivered to a branch, the initiative
raised £25,000.
The money was given to the Yorkshire Building Society Charitable
Foundation which in 2006 donated nearly £300,000 to 1,188 registered charities, 
90% of which were nominated by members and staff.

Iain Cornish, Chief Executive of Yorkshire Building Society said: “The Foundation
is the focal point of the Society’s charitable giving, providing financial help 
to good causes where the Society’s members live and work.

“In addition to the funds generated by the AGM, the primary source of funding of
the Foundation is the ‘Small Change, Big Difference’ scheme. This encourages members
to donate the pence from their savings and mortgage account interest statements.
In 2006 the scheme generated more than £155,000 from around 447,000 members accounts.”

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