AESSEAL has created a new £500,000 AESSEAL Lieutenancy Fund, which will be administered by the South Yorkshire Community Foundation. The new fund adds to the £1.8 million already committed by AESSEAL plc to support charities in South Yorkshire bringing the company’s support for the Foundation to £2.3 million.
The company says that during the pandemic it was able to target support to local charities who were in great need, based upon feedback from the unique network of local Deputy Lieutenants, who assist the area’s official representative of His Majesty the King, the Lord-Lieutenant.
Group Managing Director Chris Rea said:
The purpose of the Fund is to reach into the community and support local organisations that do not have a national voice and many of whom are run by a large number of unpaid volunteers. Deputy Lieutenants, who are all also volunteers, often have in depth knowledge of local needs that would otherwise go unnoticed.
This is the third charitable fund administered by the South Yorkshire Community Foundation on behalf of AESSEAL plc the other two are:-
- The AESSEAL Charitable Trust Grassroots Endowment Fund for South Yorkshire (SYCF) value approximately £1.1 million
- The AESSEAL Charitable Trust Community First Fund for South Yorkshire value approximately £721,000
Chris Rea said:
Modern business exists to serve all of the stakeholders and that includes supporting those in need in the communities that we rely on for our current and future workforce.
