- Cadent announces scheme to quadruple charitable donations to end of 2020
- Competition for employees will increase donations for winners by up to 10 times
- Scheme will provide a welcome boost for charities in a year in which donations have taken a major hit
A welcome boost for struggling charities has been announced by Britain’s biggest gas distribution network Cadent.
As charities struggle with donations amid the economic challenges bought on by the coronavirus lockdown Cadent has announced a new initiative which will quadruple donations.
Backdated to donations from October 1st
up to December 31 2020, Cadent will quadruple match any donations to its official charity partner Alzheimer’s Society as well as any other UK registered charity. So for everyone pound donated Cadent will donate four pounds!
A competition will also be held with the most creative fundraising ideas gaining even more funding from Cadent.
First prize in the contest will be to have donations matched to the power of ten up to a maximum of £4,000, with second prize being donations being matched to the power of nine all the way down to six place, where donations will be matched to the power of four.
All other entrants will have their donations matched to the power of four, up to a maximum of £1,600.
Cadent Social Responsibility Specialist Laura Barnes said: “The 2020 coronavirus outbreak has hit the most vulnerable hardest. “To put it bluntly many have been left broke both figuratively and literally.”
“Our Matched Giving scheme is utilised by employee year on year and it’s especially comforting at this time to know that we can now provide them with more funding to help the causes close to them and their communities.
“We hope that this initiative will go some way to alleviating the suffering and challenges that many have faced during the tribulations since March and help them as we all embark on the road to recovery from 2020.”
For more on Cadent’s Social Responsibility visit: https://cadentgas.com/about-us/responsibility/corporate-social-responsibility