Moneybarn Grants Programme Re-Opens

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HIWCF is delighted to offer an exciting new round of grant funding worth £25,000 from the ‘Moneybarn Social Impact Fund’. The grants will support local charities, community groups and voluntary organisations working in the Havant, Gosport, Fareham and Petersfield areas, with groups able to apply for grants of between £1,0000 – £5,000 for their projects and services to alleviate the underlying problems that prevent social inclusion.

Moneybarn, a vehicle finance lender based in Petersfield in Hampshire, is working with HIWCF on these grants to improve people’s financial capabilities, improve physical and mental health and enhance positive family relationships. Projects that address low educational attainment, reduce inequality and increase employment will all be considered, and applications from Foodbanks are also welcomed, providing they are part of the Trussell Trust Network.

A grant of £5k earlier this year to Losing My Sight UK in Fareham enabled visually impaired members to join in with water sports, swimming, bowling, sailing, kayaking, climbing and archery. The activities gave members the opportunity to build new friendships and attend courses to help increase confidence and overcome anxiety.

 Grant Cornwell MBE, HIWCF Chief Executive added “We would like to thank Moneybarn for supporting local communities at this time, as we know there is a genuine need for this funding, particularly with Covid-19 hugely affecting the ability of the local charitable sector to deal with an increased demand for their services. We direct our grant spending to benefit those in the most deprived communities, and even prior to the pandemic, government data indicated that deprivation was extremely high in some local areas, particularly within Havant and Gosport. We are delighted that Moneybarn has once again chosen to support our communities through their generous corporate social giving programme.”

To find out more about the Moneybarn Social Impact Fund and to apply for a grant before the closing date of 30th October 2020, please click on the Moneybarn Grants page as below:

www.hiwcf.com/funds/moneybarn/

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 Notes To Editors

HIWCF Contact Details for Editor:

Name:                          Grant Cornwell MBE, Chief Executive,
Lucy Sweet, Marketing Manager,

Telephone:                    01962 798700

Email:                           grant.cornwell@hiwcf.com,  lucy@hiwcf.com

About Hampshire and Isle of Wight Community Foundation

The Hampshire & Isle of Wight Community Foundation (HIWCF) is an independent charitable trust established to inspire local giving for local need. The Community Foundation works both with donors who want to give something back to their local communities and voluntary groups providing vital services for local people where often a few hundred pounds can make a real difference to their lives. Companies, individuals, families and trusts can establish a fund with the Foundation, which supports a growing programme of grant-making to communities. HIWCF is part of a national network of 46 Community Foundations, one of the fastest growing philanthropic movements in the UK. Local groups can take a look at the HIWCF website to see if they might qualify for a grant: www.hiwcf.com or email HIWCF at grantsadmin@hiwcf.com

Registered Charity No: 1100417 – Registered Company Number 4534462

About Moneybarn

Moneybarn is the UK’s leading lender of vehicle finance for the non-standard market. Moneybarn’s firm focus is on responsible lending, helping people access finance even if their credit score is less than perfect.

The company has won awards for its service and approach, most recently ‘Best Company to Work for in Car Finance’ at the Car Finance Awards 2019, ‘Non-Prime Lender of the Year’ at the Motor Finance Europe Awards 2019 and the Feefo Gold Trusted Service Award 2019.

Moneybarn is part of Provident Financial plc, a leading provider of credit products which provide financial inclusion for those consumers who are not well served by mainstream lenders. The Group serves 2.4 million customers and its operations consist of Vanquis Bank, Moneybarn, and the Consumer Credit Division (CCD) comprising Provident home credit and Satsuma.

Provident Financial’s community investment activities are delivered through its Group-wide Social Impact Programme which is aligned to the Group’s purpose of helping to put people on a path to a better everyday life. The strategy of this programme is to invest in activities and initiatives which seek to address some of the key factors which, on their own or acting together, can reduce someone’s likelihood to be accepted for credit. These factors include: lack of literacy or numeracy skills; disabilities and/or mental health issues; unemployment or under-employment; low levels of educational attainment; and low, uncertain or fluctuating incomes.