Major boost for region's good causes
Good causes in Northumberland are set to benefit from the launch of a new community funding approach by Newcastle Building Society (NBS).
Aiming to emulate its level of support for the Sir Bobby Robson Foundation, it has ambitions to create grants that will ultimately be worth tens of thousands a year to communities across the North East.
The Newcastle Building Society Community Fund, in association with the Community Foundation Tyne & Wear and Northumberland, will provide an on-going source of financial support.
Funds will go to community groups and charities put forward by customers that are based in or around the communities served by its 27-strong branch network, including Ashington and Cramlington.
Six grants with a cumulative value of £18,000 will be made available over the next six months.
NBS has also launched a new savings account and will pay an amount equivalent to 0.1 per cent of all balances held in the account to its community fund – boosting the amount that can be made available.
Chief executive Andrew Haigh said: “Supporting our communities is core to what we do and this latest move brings real focus and impact to our community and charity support.
“With nearly £2million raised for the Sir Bobby Robson Foundation, we will continue to support this well loved North East cause, but we can also see an opportunity to raise significant funds for our wider communities.”
Applications for the first grants, they can be for a maximum of £3,000 each, are now open to customers. They can be made in any NBS branch or via www.newcastle.co.uk