SJP's foundation hits £100m milestone - plus more good news from this week...

Supporting finance learning by going dry 

Hope William-Smith of PA's sister publication Professional Pensions is well over halfway through her "dry" 2020. She chose to give up alcohol for the year to support RedSTART, a charity run by investment consultancy Redington, which engages children and school-aged adolescents in workshops to better understand money.

RedSTART costs £150 per day to run and hopes to provide one million young people with the resources they need to budget, save and invest. Workshops are also held to allow children to learn about finance in a fun, safe and non-confronting environment.

So far, William-Smith has raised £437 but is hoping to get to £5,000 by the end of the year. If you would like to donate, please click here.

SJP reaches the £100m mark

The Charitable Foundation at advice giant St. James's Place (SJP) has reached the £100m mark of monies raised through fundraising and corporate matching. The foundation focuses on supporting smaller grassroots charities through a range of grants, enabling positive change to the beneficiaries of the organisations it supports.

The initiative helps to support children who have a physical or learning disability, hospices, cancer support charities and mental health charities.

SJP Charitable Foundation head Catherine Ind said: "The events of this year and the pandemic have really shone a light on the charitable sector, the importance of the work it does and the ongoing challenges it faces for funding.

"Charities are not only suffering from the impact of lost income due to fundraising activities being restricted, but also an increasing demand for their services to support the additional challenges caused by the pandemic."

Virtual finance tips workshops

Volunteers from across Quilter have been working together to provide a virtual ‘finance tips' workshop for young carers. The initiative, which is supported by The Quilter Foundation's charity partner Carers Trust, covers budgeting, student loans and employment guidance.

Young carers often support their families with weekly budgeting and in many cases are responsible for submitting benefit applications which can be complex. Young carers hoping to attend university often have money worries that can put them off further study.

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