We have handed out over £200,000 to 122 groups and charities thanks to our Community Dividend Fund
Posted by Rob Smyth | 13/12/2017 | Category: Community
We can today reveal that it has helped change the lives of 122 groups and charities – by donating over £200,000 from its Community Dividend Fund in 2017.
A diverse range of projects picked from across 16 counties were handed a funding boost during the past 12 months, with the largest single amount given being £5,000.
Everyone from schools and churches to support groups and volunteer organisations benefited from the fund that guarantees that at least one per cent of the Society’s trading profit is reinvested in local communities in a bid to help projects to thrive from the Midlands to the East Coast.
Martyn Cheatle, Chief Executive of Central England Co-operative, said: “We have handed out £209,000 to projects in our communities in 2017 and over £2 million since the scheme was established in 2007.
“The Community Dividend Fund reflects a key principle of our society, in that we reward the loyalty of our customers by investing in and supporting local communities.
“The scheme helps to benefit a wide variety of projects, with grants between £100 to a £5,000, which will make the communities that we serve a better place for our members to live, work and visit.
“I would like to urge all of our members to get in touch and put forward a community cause close to their heart for the Community Dividend Fund scheme.”
The diverse nature of the projects which the Community Dividend Fund supports can be seen in the difference between two of the recipients – Nene Park Trust, in Peterborough, and The Hero Project, based in Coalville, Leicestershire.
The Hero Project used £3,300 to buy an outdoor pizza oven and ingredients to help youngsters learn more about where food comes from.
Danielle Fern, from the Hero Project, said: “The funds will go towards a pizza oven and co-operative foods.
“The project is about going around local schools and doing a pizza club, which will involve different activities such as how to grow "pizza" plants.
“This will have a massive impact on our local area in a good way.”
Nene Park Trust, in Peterborough, was handed £1,700 to support a project that will see the launch of a plant production nursery that will allow volunteers to grow their own plants from seeds and cuttings.
Head of fundraising Adrian Oates said: “We are thrilled to receive this grant from Central England Co-operative Community Dividend Fund.”
People can apply for funding by heading online to https://communities.centralengland.coop/