Finding adequate funding can be a major challenge – especially for smaller charities. One local fund hopes to help by supporting more modest local initiatives.
‘Each year we invite a number of registered Jersey charities to receive grants from a few hundred pounds to a thousand pounds,’ said Chris Blampied, head of RBC Wealth Management’s Donations Fund. ‘We’d love to hear from Island based charities looking for grants for 2011 – especially for projects focusing on youth and education, amateur sport or health and wellbeing.’
The Jersey Sports Association for the Disabled (JSAD) was one of the charities which received a grant in 2010. The charity was given a cash boost of £1,000 which it has used to buy high performance manual sports chairs for its basketball group.
JSAD’s Wheelchair Sports Manager, Alan Ronxin, said: ‘RBC Wealth Management have been very understanding of our requirements and we are delighted with the support that they have offered us.’
That support has extended beyond financial help and RBC Wealth Management staff have boosted player numbers by forming their own wheel-chair basketball team – the RBC Maples – to ensure that sufficient players are available for training and matches. ‘The fact that able-bodied staff have also volunteered means that all those who want to play basketball can do so,’ said Alan.
The fund is an important way for RBC to reach out to the wider community. ‘It allows us to make a valuable contribution to many smaller charitable projects,’ said Chris. ‘These donations complement our other community commitments, including the Jersey Swimarathon which we are pleased to sponsoring for the fifth year running.’
‘Quite apart from offering financial support, I am delighted that many of our staff also take a personal interest in community initiatives – like the JSAD. We look forward to receiving grant applications for 2011 so we can continue a wide-ranging programme of support this year,’ said Chris.
Requests for a grant from the Donations Fund must include the charity’s name and registration number, details of the project for which a grant is requested and the requested donation amount.
For further details on the criteria for applications, please contact Danielle Ward at RBC Wealth Management by email at firstname.lastname@example.org
Notes to Editors
About RBC Wealth Management
RBC Wealth Management, a segment of RBC, directly serves affluent and high net worth clients in Canada, the United States, Latin America, Europe and Asia with a full suite of investment, trust and other wealth management solutions. The business also provides asset management products and services directly, through its RBC Global Asset Management division, and through RBC and third-party distributors to institutional and individual clients. RBC Wealth Management has more than C$500 billion of assets under administration, nearly C$250 billion of assets under management and more than 4,500 financial consultants, advisors, private bankers and trust officers. RBC Wealth Management was recognized as the Best North American based Wealth Manager by Private Banker International in October 2009.
Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries operate under the master brand name RBC. We are Canada’s largest bank as measured by assets and market capitalization, and among the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management services, insurance, corporate and investment banking and transaction processing services on a global basis. We employ approximately 79,000 full- and part-time employees who serve close to 18 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 51 other countries. For more information, please visit rbc.com.