The Charity Bank
The Charity Bank was launched towards the end of 2002. As a not for profit organisation, how can it help the charity sector?
- Individuals, businesses, companies and even charities themselves are encouraged to deposit funds in the Charity Bank. This allows the bank to provide loans or guarantees to UK charities. Every pound deposited with the Charity Bank is available for on-lending.
- The bank will provide investors with a financial return that can be withdrawn, reinvested, donated to a charity of their choice or a mix of these options.
- Without adequate resources, good charity ideas often go untested and solutions are delayed. By investing in dynamic organisations and people with vision, the Charity Bank aims to grow the grass roots of charitable funding.
If you would like to find out more about the Charity Bank, visit www.charitybank.org