CITY good causes overstretched due to the cost-of-living crisis are set to get a much-needed cash boost after Coventry Building Society committed to donating £1million for the second year running.
The cash will go towards supporting schemes at dozens of local organisations including schools, foodbanks, social supermarkets, youth groups and Citizens Advice.
This year’s pot will see £320,000 go to schools and youth charities to support literacy and numeracy and £100,000 go to the charity Act on Energy to support those in fuel poverty.
In addition, £88,000 will be given to Coventry Citizens Advice to establish an academy for training new debt advisers.
And each of the Society’s 64 branches will give £1,000 to their local foodbank.
Coventry Building Society’s corporate responsibility manager Anna Cuskin said: “This year’s additional £1 million is on top of our extensive support across the city and is specifically targeted at making a lasting difference to people’s lives.
“The support our partner schools and charity partners give the community is staggering, but demand for their services has rocketed.
“We’ve been working together to make sure any additional donation this year will not only make it easier for people to get the immediate help they need, but will also provide longer-term support that has a lasting effect.”