Andrews & Partners, the estate and lettings agency with branches across the south of England, has made a £394,688 payment with Gift Aid to Andrews Charitable Trust (ACT), the majority shareholder of the business.
The company makes a large annual payment each year to the trust, and has given more than £1 million over the past five years. The gift comprises the majority of the grant-making trust's funding.
The Andrews Charitable Trust
ACT was established in 1965, initially as the Phyllis Trust. It provides seed-corn funding for new charities over two to seven year periods. It was founded by entrepreneur and humanitarian Cecil Jackson-Cole.
Andrews & Partners was established in 1946 and has had charitable ties from the outset, through funding and encouraging staff to get involved with charitable projects.
Its annual gift to ACT makes Andrews & Partners "the only UK estate and lettings agency to operate with such a model". In addition to the gift, four working Directors act as co-trustees, donating up to ten days a year to ACT and the charities it supports.
Photo: (l-r) Michael Robson, Chief Executive of Andrews & Partners, Trustee of ACT; Andrew Radford, Non-Executive Director of Andrews & Partners and Chair of Trustees for ACT
Michael Robson, Chief Executive at Andrews & Partners, said: "Social responsibility is right at the heart of Andrews – it always has been and always will be.
"Despite the ongoing economic troubles, the business performed well in 2012. We were delighted to be able to make such a significant contribution to the Andrews Charitable Trust this year, and see it as an indicator that recovery is on the horizon."
ACT awards grants to a wide range of charitable projects dealing with issues such as homelessness and domestic violence, as well as helping communities in third world countries to become self-sustaining.
During 2013-14 the trust expects to prioritise charitable ideas which focus on care for the elderly and tackling social barriers to educational achievement, especially for girls.
Since 2008, ACT has awarded £1.2 million in grants, and last year it received 331 applications for funding. The trust is currently seeking applications from charities that require funding. There is no deadline for applications.
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