Members boost Leeds Building Society’s charity partnerships at AGM
Members have raised £9,617 for Leeds Building Society’s charity partners by casting votes as part of its annual general meeting (AGM).
The Society donated 10p for every paper vote and 20p for every online vote returned, with members able to choose between the Society’s charity partner Samaritans and Leeds Building Society Foundation.
A total of £5,645 was raised for Samaritans. The remaining £3,972 will be donated to Leeds Building Society Foundation, which invests up to £1,000 in registered charities around the UK to support community-based projects.
Richard Fearon, Leeds Building Society’s Chief Commercial Officer, said: “As a mutual building society, it’s important we listen to our members so we can focus on what matters to them.
“Our charity partner Samaritans was chosen after listening to members, so it seems fitting that we were able to raise such a large sum for the charity by listening to our customers’ opinions once again.
“The money generated through member votes is a fantastic start to our partnership and will contribute to our target of £250,000 for Samaritans over the next two years, as well as ensuring our Foundation can continue to invest in the communities where our members and colleagues live and work.”
Notes to Editors
Leeds Building Society operates throughout the UK, Gibraltar and Ireland and has assets of £18.5bn at 31st December 2017 (£15.9bn at 31st December 2016). The Society’s head office has been based in the centre of Leeds since 1886.
Leeds Building Society Foundation, independently run by a Board of Trustees, is partly-funded by an annual donation from Leeds Building Society.
The balance of its financial support comes mainly from the Your Interest in Theirs scheme which allows members to donate the pence interest they earn on their savings.
Leeds Building Society Foundation was established by Leeds Building Society in 1999 to support UK charities committed to relieving hardship and suffering, or their direct consequences, and awards grants of up to £1,000 to good causes based or operating near Society branches and offices.
The Foundation has donated more than £1.8 million to worthy causes across the UK and has helped more than 2,000 charities since its inception.
Anyone can contact Samaritans any time for free from any phone on 116 123. This number is free to call and will not show up on your phone bill. Or email firstname.lastname@example.org or go to www.samaritans.org to find details of your local branch where you can talk to one of our trained volunteers face to face.
Samaritans is a charity and it’s the public’s kind donations and more than 20,000 trained volunteers that mean we are always there for anyone struggling to cope. Your money or your time could save a life. Find out how you can support us: http://www.samaritans.org/support-us