Real estate investment trust Shaftesbury has announced that it contributed over £1 million to community groups and initiatives in the 2020/21 financial year.
Shaftesbury aided 24 in-kind projects and contributed or donated to 38 schemes or organisations, 20 of which specifically support young people.
The contributions, which are made up of £483,300 in cash, £480,000 in-kind and £137,500 in other support, helped initiatives in education (14%), health (19%), arts and culture (23%) and social welfare (26%). The remaining 18% went to other causes.
Shaftesbury’s community support is administered by its Community Investment Committee (CIC). Andrew Price, property director at Shaftesbury and chair of the CIC, said: “As a long-term property owner committed to the West End, we have a responsibility to ensure the communities of which we are part of thrive.
“To do so means playing an active role, not only through financial support, but by providing time and other resources, as well as utilising our contacts and relationships inorder to help.
“We are very proud to have worked with many great organisations to support many invidividuals, families and groups. Doing so means so much to everyone that works at Shaftesbury, and we will continue to prioritise supporting these organisations over the coming years.”
