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Home Retail News Retailer News

Community groups celebrate vital funding support from Co-op Local Community Fund

by Fiona Briggs
November 29, 2024
in Retailer News
Reading Time: 2 mins read

Community groups are celebrating vital funding support from Co-op’s Local Community Fund. to make a difference locally.

Around 2,500 local causes are celebrate this week, with Co-op members locally driving the amount received by the community group by simply selecting the cause they would like to support via Co-op’s Membership App.

Thanks to Co-op Members, Co-op’s Local Community Fund has now shared more than £58 million with 20,500 community groups across the UK since 2020, making a difference locally and supporting the creation of strong and resilient communities.

The benefits to community groups also extends beyond the funding support, with 95% of causes saying that they felt more connected with their community as a result of participating in Co-op’s Local Community Fund and, participating in the scheme helped to raise their profile locally.

Co-op Local Community FundRebecca Birkbeck, director of community and member participation at Co-op, said: “Co-op is a different way of doing business – and as a business owned by you, we are committed to doing right by you and your community. Co-op members have a say on where they would like to see the support given in order to make a difference locally, and our Local Community Fund works to promote healthy and strong communities. We are delighted that as a direct result of our members shopping with us, causes in towns, villages and cities across the UK are this week celebrating receiving critical funding. We know things are increasingly tough for communities – this funding will help them with delivering the services and support that their community needs and create a real and tangible difference to local lives.”

Funding is also boosted through the convenience retailer’s ‘Winners Share It All’ prize draw which offers 10 chances each month to win £5,000 for causes and £500 for Co-op members.

Co-op is one of the world’s largest consumer-owned co-operatives, with its history dating back 180 years. Its members own the business and play an intrinsic part in its governance with a say in how the organisation is run. Co-op exists to create social, economic and ownership value for its membership, including member-only price savings across everyday essentials, and personalised offers via the Co-op Membership App.

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