Glasgow community campus receives boost of up to £5,000
The foundation provides individual grants of £5,000 to support charities' work in their communities.
Read more: Primary school to gain new classrooms following £500k investment
Bridgeton Community Learning Campus was awarded funding to "further its work supporting local businesses and organisations based in Bridgeton".
As well as the Bridgeton-based charity, grants were awarded to Very Inclusive Play Club, Forth Canoe Club, Ochil Trail Association, The Birks Cinema Trust, Works+, Trossachs Tigers Hockey Club, and Duntocher Village Hall, who all received donations to support their initiatives in their community.
Paul Denton, chief executive officer of the Scottish Building Society, said: "As we welcome members to our AGM this year, it feels fitting to celebrate the incredible work charities do in their local communities, and we are proud to support their efforts through this next round of funding.
"All the charities and community organisations who have been successful in their applications have a fantastic cause and we look forward to seeing their positive work go further as a result of the funding they have received.
"By investing in good causes, we are building stronger communities."
The Scottish Building Society Foundation was established in May 2023 in partnership with Foundation Scotland.
Since then, it has provided more than £150,000 shared among 43 charities.
The latest funding round coincides with a successful year for the world's oldest remaining building society.
In April, the society revealed a 17 per cent increase in total assets over the last 12 months.
The society's assets have doubled since 2020 to £866.5 million, while its mortgage portfolio grew by 7 per cent and retail savings balances rose by 20 per cent.
Additionally, for the fifth consecutive time, the Scottish Building Society was recognised as the 'Best Building Society' at the 2024 Scottish Mortgage Awards.
Read more: 'I couldn't recommend it highly enough': Care facility earns high praise
Mr Denton also received the 'Lifetime Achievement' award during the ceremony.
He said: "Over the past 12 months, we've seen strong results driven by our commitment to the communities we serve, building loyalty and trust with our members to provide them with the services they need.
"As a mutual, we make decisions exclusively for the benefit of our members, not shareholders, and today, that feels more important than ever.
"That's why we continue to invest in relationship centres, passbook savings accounts, and a personal approach, while at the same time developing our digital tools to give members secure, convenient access to their accounts."
More information on the society's efforts can be found on the Scottish Building Society Foundation's website.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
North Wales Chronicle
42 minutes ago
- North Wales Chronicle
Soho House to be bought for £2bn by Ashton Kutcher-backed group
The hospitality group, which is based in London but listed on the New York Stock Exchange, confirmed that shareholders in Soho House & Co will receive nine dollars (£6.64) per share in the business. New York-based hotel giant MCR Hotels is leading the consortium, also including private equity firm Apollo, which struck the deal to take the company private. It will pay £2 billion to snap up the business, including its debts. A raft of existing shareholders, including Ron Burkle, Ivy Collection boss Richard Caring and founder Nick Jones, will retain their stakes in the company. A-list actor-turned-tech investor Mr Kutcher will also invest in Soho House as part of the deal and will join the firm's board of directors. MCR boss Tyler Morse will also join the board as vice chairman following the takeover. Soho House was founded as a single private members' club in the central London area in 1995 but has since expanded globally with a portfolio of exclusive venues. The business currently runs 46 Soho House sites, eight Soho Works and Scorpios Beach Clubs in Mykonos and Bodrum. It also owns the Ned and numerous other hospitality businesses. Andrew Carnie, chief executive of Soho House & Co, said: 'This transaction reflects the strong confidence our existing and incoming shareholders have in the future of Soho House & Co, and the transformation we've led since becoming a public company. 'Since our IPO (initial public offering) in 2021, we've focused on building a stronger, more resilient business. 'I'm incredibly proud of what our teams have accomplished and am excited about our future, as we continue to be guided by our members and grounded in the spirit that makes Soho House so special.' Mr Morse said: 'All of us at MCR are excited to be part of the Soho House journey, helping to create more experiences, interactions and memories alongside friends and members. 'We have long admired Soho House for bringing together cultures from around the world into a global network of 46 houses, and we look forward to the continued growth of that fabric, starting with four new houses opening soon.'
Fashion United
2 hours ago
- Fashion United
Pulco becomes the first padel apparel brand to launch at Harrods
Racket sport Padel is on the rise in the UK, and Pulco has become the first-ever padel apparel brand to be stocked in luxury department store Harrods. The UK-based padel apparel brand, founded by Joe Middleton, former president of Levi's EMEA and chief executive of Canterbury, draws inspiration from the sun-drenched courts of Acapulco in Mexico, where padel was born in 1969 by Enrique Corcuera to "bring the sport's heritage to life". The sportswear brand designs its collections in London, utilising advanced performance fabrics from Italy to offer elevated athletic apparel 'with understated, off-court elegance,' from technical essentials to casual pieces and premium accessories. Pulco at Harrods Credits: Pulco At the heart of its collections is the 'Aircon Playing Shirt', constructed from an ultra-lightweight, Italian-engineered fabric, featuring a weave that rapidly wicks moisture from the inside out, "delivering unrivalled breathability and comfort in play". As well as on-court performance wear, the collection also has a full lifestyle offering, including hoodies, T-shirts, shorts, sweatshirts, gilets, and a coach's jacket, as well as socks and caps. On launching in Harrods, Middleton said in a statement: 'We are incredibly proud to be the first padel apparel brand at Harrods. This is not only a milestone for our brand, but also for the sport of padel. It's an inclusive, fast-growing community and we're excited to lead the way in bringing performance and style to a wider audience through Harrods.' Igo Theo Ian, creative director of Pulco, added: 'Honouring padel's roots is central to everything we do. We are passionate about celebrating the spirit of innovation, friendship and rebellion that defines this sport whilst delivering the finest, most technically advanced apparel in the world.' Pulco at Harrods Credits: Pulco
Fashion United
2 hours ago
- Fashion United
Dubai-based Sumwon Studios acquires Balr.
The Dutch lifestyle brand Balr. has been acquired by Dubai-based Sumwon Studios. The financial details of the acquisition were not disclosed in the press release issued by the company. This move marks a new chapter for the football-inspired brand known for its black and white collection. It was founded in 2013 by professional footballers Demy de Zeeuw, Juul Manders and Ralph de Geus. The brand's parent company had filed for bankruptcy in July 2025, but it can now continue operations under its new ownership. Sumwon Studios, founded in 2023 by Missguided founder Nitin Passi, will be in charge of relaunching the brand. The company, which already holds licenses for brands like Missguided and its own Sumwon, stated that more brands will be added to its portfolio. "Balr. has the kind of DNA you can't create. It's authentic, ambitious and has a place in the sports world," said Passi, who serves as the chief executive officer. He continued, "We see an opportunity to reposition Balr. at the intersection of football, fashion and lifestyle. Renewed with new energy, collaborations and global reach". Sumwon Studios, which is only three years old, claims it is on track to exceed one billion dollars in revenue this year. Notably, the company counts Shein as one of its strategic investors. This article was translated to English using an AI tool. FashionUnited uses AI language tools to speed up translating (news) articles and proofread the translations to improve the end result. This saves our human journalists time they can spend doing research and writing original articles. Articles translated with the help of AI are checked and edited by a human desk editor prior to going online. If you have questions or comments about this process email us at info@
