NFU Mutual pledges £3.25m cash boost for charities over 2024
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BOTH local and national charities are set to share in a multi-million pound funding pot thanks to a major rural insurance company.
In response to the ongoing challenges faced by communities across the country, NFU Mutual has announced £3.25 million of funding for charities across the country during 2024. The support aims to help tackle the ongoing effects of the pandemic and assist with the impact of the rising cost of living.
NFU Mutual will be donating £1.92 million to local front-line charities through its Agency Giving Fund. First launched in 2020 in response to the pandemic, the insurer is keeping this annual fund going into 2024 to further help local charities and communities across the UK.
Once again, NFU Mutual Agency and branch offices, covering more than 280 locations nationwide, will be invited to nominate front-line charities to receive a share of the fund. This will ensure that donations reach all corners of the UK and are directed where they are needed most.
To support national and regional charities, NFU Mutual is pledging £1 million to the NFU Mutual Charitable Trust. The trust is an independent charity the insurer set up in 1998 to support other charities and organisations working in the interests of agriculture, rural communities and the countryside.
Since it was founded, the trust has distributed donations totalling more than £8.6 million and made a positive difference to education, research, social welfare and poverty relief.
Alongside this, NFU Mutual has also committed £30,000 to its Community Champions scheme, to support causes close to the heart of its people, by donating to staff fundraising events and initiatives.
The £3.25 million funding is completed with a £300,000 donation to the Farm Safety Foundation (Yellow Wellies), an independent registered charity founded and funded by NFU Mutual. As it celebrates its tenth anniversary, the 2024 support will help the foundation to carry on delivering their education programme, award-winning campaigns, research and engagement throughout the UK, so they can continue raising awareness of, and addressing the attitudes and behaviours around, risk-taking and poor mental health in the industry.
Nick Turner, Group Chief Executive of NFU Mutual, said: “We’re proud to be maintaining significant levels of charitable giving in 2024.
"We recognise these are challenging times, and our initiatives will support national and local charities right across the UK who are delivering vital services to those in need.”
