Dublin and Belfast charities to benefit from £2 million donation to DWF Foundation
Local charities in Dublin and Belfast have been invited to apply for funding from the DWF Foundation after the charity received over £2 million from global law firm DWF.
The DWF Foundation was founded by DWF in 2015 with the sole aim of providing funds, resources and support to help communities achieve their full potential, encouraging smaller charities to apply to receive funding for schemes which help with education, employability, health and wellbeing or homelessness.
The Foundation has been awarded 1.8 million shares following DWF’s listing on the London Stock Exchange, worth over £2 million at the point of listing, allowing the Foundation to expand its grant-giving internationally.
Andrew Leaitherland, CEO of DWF, said: “When we set out on the IPO journey, one of the objectives we identified was to create a legacy for the DWF Foundation – and that’s what has been achieved. These shares will be used to establish an endowment for the Foundation, generating income for generations to come. That income will expand the Foundation’s grant-giving, both in the UK and internationally, helping more communities achieve their full potential.”
Clare Beavan, DWF Foundation manager, said: “We’re thrilled to receive such a generous donation which will enable us to create a legacy for the future of the DWF Foundation as a grant-giver for many years to come. Across the DWF business, CSR activity is embedded into our values and we want to ensure our actions are meaningful when we give our time, skills and business intelligence to make a difference.”