Lloyds Banking Group to double its £1m grant to Bank of Scotland Foundation
Howard Lake | 28 January 2013 | News
Lloyds Banking Group is to donate an additional £1 million to the Bank of Scotland Foundation, doubling its grants for charities across Scotland to £2 million a year from 2014.
The foundation, set up two years ago, already makes grants of £1 million a year to Scottish charities. It focuses on helping to develop and improve local communities and financial literacy across Scotland.
It is an independent charity that receives an annual donation from Lloyds Banking Group. The current £1 million grant helps fund the Foundation’s Small Grant, volunteering Grants Programme and Matched Giving Programme.
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Sir Win Bischoff, Chairman of Lloyds Banking Group said: “Lloyds Banking Group is one of the UK’s largest corporate donors and we are fully committed to continuing to support charities and communities throughout the UK including Scotland. We have already donated more than £2 million to help hundreds of Scottish charities since the Bank of Scotland Foundation was set up in November 2010 and are delighted to announce a further commitment of £1 million per year from 2014.”
www.bankofscotlandfoundation.org
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.