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.

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 nominations for funding online or via their local branch, detailing the local group or charity where the funding will make a real difference.

The local group or charity will then receive a notification that they have been nominated and provided with information on how they can complete their application. 

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

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.