Law firm donates unclaimed balances to four charities
Howard Lake | 13 September 2011 | News
Specialist law firm Rollits has donated unclaimed client balances in its legacy bank account to four charities, including Charity Bank. It hopes this will inspire other legal firms to make similar donations.
The company, which has offices in Leeds and York, contacted as many of its former clients as possible and returned any claimed funds. After that, with permission from the Solicitors Regulations Authority, it donated the remainder to its selected charities.
Rollits managing partner, Richard Field, said: “Unclaimed balances are common in our profession and can accumulate over the years. We were pleased to clear the backlog of unclaimed funds in such a positive way and wanted to donate the funds to charities that were making a tangible impact.
“Charity Bank‘s mission to transform saving into an ethical action that supports other charities and community organisations definitely met this criteria.”
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.