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[19 APR 99] COVENTRY BUILDING SOCIETY PRESS RELEASE
Coventry Building Society Donates 15,000 To Charity

Coventry Building Society Charitable Foundation has announced that it has made its first donations to the local community totalling 15,000.

The Foundation, which is a registered charity was established by Coventry Building Society in November 1998 to provide a focus for its charitable giving.

Coventry Building Society Charitable Foundation Donations

The aim of the Foundation is to provide financial assistance to charitable organisations which are based or active within the geographical area covered by Coventry Building Society’s branch network. Priority is given to charities aiming to improve the quality of life of those who are disadvantaged by handicap, disability or other factors or where assistance is required to create and support social and community development.

At the first presentation evening held on Monday 12 April, the Trustees of the Charitable Foundation presented cheques to twelve charities, each receiving an amount ranging from 500 to 3.000. Those benefiting were as follows:- Leamington Boys Club, Coventry Boys Club, Coventry City Farm, Emmaus (Coventry), Midlands Sports Centre, St Barnabas Family Centre (Coventry), Victim Support (Leamington Spa), Edwards Trust Appeal (Birmingham), Project Endeavour West Midlands, MacMillan Cancer Relief, Relate (Coventry) and Scope (Coventry).

Colin Franklin, Trustee of the Charitable Foundation commented:

"We are delighted to be supporting so many worthwhile causes, particularly as the organisations who have received a donation today are the first to benefit from the Coventry Building Society Charitable Foundation.

"The Foundation aims to make future donations on a quarterly basis and welcomes requests from registered charities within the local communities of Coventry Building Society's areas of operation."

NOTES

COVENTRY BUILDING SOCIETY CHARITABLE FOUNDATION

The Trustees of Coventry Building Society Charitable Foundation are willing to consider making donations to groups or projects which:-

  • involve young people particularly those who are disadvantaged
  • involve vulnerable groups such as the frail elderly, people with physical disability, people with learning difficulties or those who are mentally ill
  • directly benefit small neighbourhood groups particularly those from areas experiencing the greatest disadvantage
  • foster a sense of pride and achievement through self help and voluntary effort
  • aim to enhance the abilities of communities and voluntary organisations assisting in social and community development

The Trustees will normally only grant donations to registered charities

The Trustees wish to support as many good causes as possible and therefore the maximum single donation will normally be 3,000.

The Foundation is a company limited by guarantee and is managed by a Board of independent Trustees.

MORE INFORMATION:
From 6 April 0845 7665522
Press Office 01203 635653
  

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CWN / Business / A-Z / Coventry Building Society / 19 Apr 99

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