Building Society bolsters dormant account funding for charities

The Cambridge Building Society has announced it will donate a further £160,000 to charities in its local area from funds from dormant accounts.

The money will be handed out as grants that support the housing needs of the local community.

The further allocation brings the building society’s dormant funding scheme to £650,000.

“We are delighted to top up our fund with additional money to support charitable groups committed to helping vulnerable people with their housing needs,” said the building society’s chief executive Peter Burrows.

“The grants we have already awarded are having an impact on the lives of local people. We are committed to ensuring we do everything we can to support a range of community groups and charities who face increasing challenges at this time.”

Local charities to be awarded grants through the building society’s dormant scheme include – homeless accommodation service Cambridge Cyrenians, charitable housing association CHS Group, support centre Wintercomfort and Disability Huntingdonshire, which provides advice and support for older people.

The fund can be accessed twice yearly, in May and November and offers grants of up to £10,000 to charities, community groups and organisations that operate within a 15-mile radius of Cambridge.

Applications for grants are made via the Cambridgeshire Community Foundation with deadlines at the beginning of May and November each year.

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