3 days ago
Glasgow community campus receives boost of up to £5,000
Bridgeton Community Learning Campus is one of eight charities and good causes in Scotland to receive a funding boost from the Scottish Building Society Foundation.
The foundation provides individual grants of £5,000 to support charities' work in their communities.
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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.
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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.
