Since the first donation in 2007, the Foundation has given more than $22.3 million to charitable organisations across an ever-increasing range of causes. 

The Lancashire Foundation is at the centre of the Group’s charitable activities and has made donations totalling more than $22.3 million since 2007.

The Foundation supports a range of causes each year and, in 2022, had a particular focus on organisations working to resolve societal issues such as homelessness, access to quality education, and assisting the elderly in our communities.

In February 2022, the Foundation also made donations to UNICEF and the Red Cross to aid their work with people in Ukraine, in addition to matching donations from employees. Funds were also donated following earthquakes in Turkey and Syria in early 2023.

It is important to the Foundation that our employees are involved in nominating charities for support through smaller donations alongside larger donations to longer-standing charitable partners.

During 2022, a total of more than $0.6 million was donated to organisations nominated by employees – including a number of matched-funding donations for colleagues who have fundraised themselves through sponsorship of activities such as marathons, triathlons and other activities.

We are proud of our employees’ support for a wide range of causes.

Many are close to them through personal experience and others are organisations they put forward for funding from the Lancashire Foundation because they believe in the good that helping those less fortunate can do for wider society. Donations to staff-nominated charities are a minimum of £2,000. These donations have an incredible impact, particularly for smaller charities for whom the funding can mean they can continue their work.

The Foundation has been a UK-registered charity since September 2012.

 

The annual donation made to the Foundation to fund its work is aligned to the financial performance of the business. The Foundation receives 0.75% of Group profits with a minimum donation of $250,000 up to a maximum of $750,000. This creates a sense of ‘ownership’ among our employees who are aware that the financial success of the Group has an impact on the wider community.

 

This is further strengthened by an emphasis on supporting charitable causes – which meet the Foundation’s criteria – where there is a personal or community connection among employees.

 

We believe that the success of the Foundation in making a real difference to the lives of those less fortunate is due to the enthusiasm of our people. Whether actively getting involved in helping others through volunteering or requesting funding for causes close to them, their support is invaluable.