Yorkshire Building Society members donate over £1 million
Howard Lake | 14 November 2007 | News
Since January 1999 Yorkshire Building Society members have donated over £1 million to charity through the Building Society’s Charitable Foundation and its Small Change, Big Difference Scheme.
The Foundation receives much of its funds through the Scheme where Society members donate the pennies from the interest. Members are then invited to nominate charities and local good causes that they would like to see supported.
In 2006, the Foundation made 1,188 donations but already in 2007 more than 1,300 local causes have been supported and over 90% of these were nominated by Society members.
Advertisement
Louise Neill of the Foundation said: “One in four Society members currently participate in Small Change, Big Difference with this figure growing every day as part of the Foundation’s ‘Be One in a Million’ campaign to increase membership. As the majority of the Foundation’s money is generated through this Scheme we feel it is only right that Society members are invited to have their say in where it goes.
“We are absolutely delighted to have reached the £1million point in member donations through the Scheme. This amount together with the Society’s support of the Charitable Foundation has enabled over 5,000 charities to share £2.5 million.”
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.