NatWest Group to donate £350,000 to charities for #GivingTuesday
Since our involvement in Giving Tuesday began in 2014, when the social movement launched in the UK, we have encouraged our employees and customers to get involved in this global day of good by providing over £3.4 million in match funding.
To celebrate Giving Tuesday this year NatWest Group will also be donating £350,000 to charities. #GivingTuesday provides a great opportunity to make a real difference.
NatWest Group are a founding partner who have supported the social media campaign #GivingTuesday since its UK launch in 2014. The campaign is organised by the Chartered Institute of Fundraising and falls on November 28th, the Tuesday after Black Friday and Cyber Monday. The worldwide generosity movement has successively broken world records for the most money donated online to charity with the campaign encouraging people to give their voice, time, or money to support these causes.
In 2023 Giving Tuesday will focus on showcasing and celebrating acts of generosity and spotlighting the different ways people can get involved in charities. Acts can vary from helping a neighbour out, or showing up for an issue or people we care about, everyone has something they can contribute.
How employees will support:
NatWest Group employees will be encouraged to sign up to our Payroll Giving scheme and donate to charity. If a UK employee signs up for Payroll Giving or increases their current donation by 31 December 2023, the bank will give them a charity donation of £125 which they can then donate to charities of their choice. The UK payroll giving scheme provides a simple, tax efficient way for employees to make regular and one-off donations to charity direct from their salary.
NatWest Group are encouraging our employees to volunteer their time to support good causes. In accordance with the theme this year of helping those who are vulnerable, some colleagues will be participating in Social Bite’s (a charity seeking to end homelessness) Festival of Kindness with goods collected in offices. Other colleagues will be volunteering with food collections for foodbanks. Colleagues will support hundreds of different causes that all resonate with them this festive season.
In addition, as November is also Financial Wellbeing month, the bank will be running a range of webinars to colleagues, including on Financial Foundations.
How customers can support:
NatWest and Royal Bank of Scotland Reward current account customers can support the campaign by exchanging their MyReward points for a charity donation. There are currently fourteen charities to choose from and NatWest Group is making £150,000 available to match customer donations; the bank will match donations up to £50 per customer.
Michael Duncan, Head of Giving Strategy & Programmes at NatWest Group, said: “Giving Tuesday is such an integral part of the charity work that NatWest Group does and we are excited to once again be involved at the forefront. We recognise the importance of charitable work and this Giving Tuesday we will be encouraging our customers and employees to donate and support in any way they can on November 28th and beyond.”