Computershare Loan Services and The Deposit Protection Service (The DPS) have made their fifth consecutive annual donation to Depaul UK, giving £40,000 to the youth homelessness charity.
The donation brings the total pledged by the Computershare Loan Services and The DPS Charity Fund to £200,000 since 2020. The fund focuses on supporting organisations that use education to tackle financial hardship and provide help for those in financial difficulty.
Depaul UK said the latest funding will allow it to continue providing crisis intervention, safe housing, mental health support and financial education to young people.
The charity added that demand for its services has been rising sharply, with rough sleeping across the UK increasing by 20% in the past year and a young person becoming homeless approximately every four minutes.
Sam Dunne, head of corporate partnerships at Depaul UK, said: “We are seeing increasingly high numbers of young people without a safe place to stay or a family network to fall back on seeking help from our services.
“This support from Computershare means we can respond to emergencies and help young people build stable, independent lives. We want homelessness to be something our clients pass through rather than something that defines them or their future.”
Andrew Jones (pictured), chief executive officer at Computershare Loan Services, said: “We are very proud to continue our support for Depaul UK at a time of high youth homelessness.
“Our support of the charity is very popular with our employees who are highly supportive of the important work it undertakes.”
Matt Trevett, managing director at The DPS, added: “Depaul’s support for some of the most vulnerable in society at a key turning point in their lives is inspiring, and I’m very pleased we can again provide them with a donation.”
Depaul UK said the pandemic, the cost of living and the shortage of rental homes have made it increasingly difficult for young people to secure housing. Its services are designed to be holistic and tailored to the needs of young people at every stage.
