Kingdom Bank donates 20% of its profits
Howard Lake | 6 January 2007 | News
Nottingham-based Christian bank Kingdom Bank Limited donated £70,000 to nearly 30 charities last month, 20% of its annual profit.
Recipients include Youth for Christ’s Fort Rocky event, which received a donation of £3,468 from the bank, together with Tear Fund, World Vision, Christians Against Poverty and the Assemblies of God.
Kingdom Bank chief executive Peter Jessop said: “The bank has set out its commitment to give away a share of profit, and it gives me great pleasure to announce details of this year’s recipients.
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“The amount distributed is nearly double last year’s sum, and shows the growing nature of the bank’s activities.”
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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.