Lloyds TSB matching scheme opens in Northern Ireland
Howard Lake | 14 October 2010 | News
Charities in Northern Ireland can now apply to Lloyds TSB Foundation in Northern Ireland for matched giving from local HBOS employees.
The Matched Giving Scheme was established to encourage members of staff to get involved in the voluntary sector and to help fundraise through personal participation in events or give their time freely to support the work of charities. The Lloyds TSB Foundation runs this scheme for the staff of Lloyds Banking Group, which owns HBOS, and its subsidiary companies as well as our own staff and Trustees.
Every member of staff is entitled to claim up to £500 in each calendar year from the Matched Giving Scheme for a charity for which they have either raised money for or given time to. The scheme will match every pound raised or donate £5 per hour of voluntary time given, to a maximum of £500, provided that the claim falls within the rules of the scheme and the charity is eligible for funding.
Each year, the Lloyds foundations allocate a percentage of their income towards the Matched Giving Scheme. In 2009, over £1 million was matched to support the charitable activities of Group staff, as well as Foundation staff and Trustees.
A wide range of charities are eligible but the work must be within the UK. For fundraising activity claims, you must have personally participated in an event or activity and the claims for fundraising activities must be submitted within 6 months of the date completed.
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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.