The Mortgage Advice Bureau Foundation has raised more than £100,000 for a host of projects, just one year after it was founded.

Established in 2022, the Mortgage Advice Bureau Foundation is a grant-giving charity that supports community-based projects, with an aim to create awareness among staff and customers of the growing needs of the communities they live in or are choosing to move to.

Projects serve across three main areas: environment and conservation, health and wellbeing, and the prevention and relief of poverty. Special consideration is given to projects that support the disadvantaged, tackle equality, and encourage diversification.

Employees are encouraged – and supported – to volunteer with charities close to their hearts. The opportunity to raise funds for specific neighbourhood projects is available to customers, colleagues and partners across the MAB network. Grants are available between £500 to £5,000, with up to 50% of the total project cost funded (depending on which is greater).

As of this month, the Mortgage Advice Bureau Foundation has successfully raised £120,000 – a combination of £50,000 raised by employees and lenders, and the £50,000 matched by the Foundation. This is a result of the fundraising efforts of 12 projects, 10 of which were completed by our head office staff, and two by MAB’s lender partners.

Notable projects that have formed part of the Mortgage Advice Bureau Foundation reaching their fundraising milestone include:

• Faith in Families, a Swansea-based children’s charity working in deprived communities to help children facing traumatic circumstances
• Beartown Rickshaw, a charity which provides free rides around local beauty spots in Cheshire to improve mental wellbeing for residents experiencing social isolation
• Flamingo Chicks, a multi-award-winning charity in Bristol offering disabled children the opportunity to explore movement through dance

Andy Frankish (pictured), CEO of the Mortgage Advice Bureau Foundation, said: “I am proud to announce that we have surpassed the fantastic milestone of £100,000 in funds raised for the projects we have passionately supported since our inception in 2022. This achievement is a testament to the unwavering support of Mortgage Advice Bureau, its staff and many of its key business partners.

“Together, we have made a significant impact on individuals and communities, supporting vital initiatives right across the UK. However, this is just the beginning. The challenges faced by many individuals are vast and complex, but I am confident that together we can continue to build and amplify our impact. I would like to thank everyone for their help and generosity, and I am excited to see what we can achieve together in the future.”