How the Fund Works

Our Community Fund is managed in association with the Community Foundation, a North East focused charity we’ve worked with for over 25 years.

The Aim

Our Community Fund makes grants available to charities and groups local to our branches. Our aim is to give grants which can make a real difference to the areas in which we're based.

The Fund is funded by a community-linked savings account - the Newcastle Community Saver. The more our customers save into the account, the greater the Society's contribution is.

And when it comes to distributing the grants, our customers nominate where the funding should go. So if they know of a project in and around our branch network that might benefit from financial assistance, they can apply on their behalf.

 

How to apply for funding


Customers should submit their applications for funding online or via their local branch, detailing the project the funding will be used for.

Applications will be reviewed by the Community Foundation before being judged, with winners chosen by a panel made up of staff and the Community Foundation.

Customers - to find out if your charity or group is eligible to apply for a grant from our Community Fund, or to submit a nomination, check our our Apply for a Grant page.

Customers at the heart

Only customers can nominate projects for funding.

These applications will be judged by a carefully selected panel before grants are made. Funding phases are advertised on our website.

Funding

The Society donates an amount equivalent to 0.10% of the total balances held within the Newcastle Community Saver accounts (although this amount is flexible and may change in the future). This is supplemented by continuous fundraising by the Society colleagues and members.

As the fund grows, we will  help more worthwhile causes with a greater number of grants.