Co-op members’ dividend to support local causes

Howard Lake | 27 September 2016 | News

The Co-op has changed the way it returns a dividend to its members. It will now be returning 5% of what members spend in the form of vouchers, together with 1% which will be donated to a local good cause.
“Every time our members buy selected Co-op branded products and services” the organisation has announced, “1% of their spend goes to a local cause. The more members spend, the more money goes to causes in their area”.

Two different Co-op shopping bags

Sales of Co-op plastic bags will benefit local community organisations


The funds available will be kickstarted in two ways:

The Broughty Ferry Library in Dundee, Scotland, is one of the local organisations that has benefited from support from the Co-op and its members:
[youtube]https://www.youtube.com/watch?v=xMCJJgmFC44[/youtube]
 
Co-op members will be able to help choose which local organisation receives their 1% donation by logging into their membership account.

Applications open later

Applications from charities and organisations wishing to benefit from the fund are not possible at this stage. The Co-op will issue a request for applications later in 2016, and UK Fundraising will share details.
Meanwhile you can find out more about the Co-op Local Community Fund. Note that “you and your members will need to be Co-opMembers to raise funds for your cause”.
 
 
 

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