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Northern Rock Foundation is an independent grant-making
charity which aims to tackle disadvantage and improve quality
of life in the North East and Cumbria. It was established
in 1997 when Northern Rock plc converted from being a mutual
organisation. The Foundation receives 5% of Northern Rock’s
annual pre-tax profits (amounting to nearly £144 million
by December 2005), but it is entirely independent of the
bank, and its own board of Trustees makes all policy and
funding decisions. The Foundation is one of the country’s
largest charitable funders, and the biggest independent grant-maker
in the north. In 2005 it gave grants worth £20.2 million,
invested a further £1 million in the Newcastle Enterprise
Bond and made an exceptional donation of £500,000 to
support victims of the Asian tsunami.
The current trustees of the Foundation are: Alastair Balls
(chairman), David Chapman, Barbara Dennis, David Faulkner,
Tony Henfrey, Charles Howick, Chris Jobe, Lorna Moran, Frank
Nicholson, Dorothy Russell and Julie Shipley.
For more information: www.nr-foundation.org.uk
The Old Chapel
Woodbine Road
Gosforth
Newcastle upon Tyne
NE3 1DD
:
0191 284 8412
: 0191
284 8413
: 0191
284 5411
: generaloffice@nr-foundation.org.uk
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