Monday, 19 October 2009

Lloyds TSB Foundation for Scotland

In the wake of the credit crunch, Banks have been subject to much criticism over the past year. What hasn't been mentioned very much is the amount of money which the Banks commit to charitable causes across Scotland. Last week, the Lloyds TSB Foundation for Scotland announced that it was closing its doors to new applications.The Highland Hospice is one of many Highland charities which currently receives funding from LTSB. The kitchen in the Lighthouse which cost £22k was funded by LTSB. Since 1985, "2,000 donations worth about £85m have been made to charities across Scotland, making it one of the leading charitable funders in the country."
The latest news from LTSB will undoubtedly lead to the withdrawl of a significant amount of important charitable work across the Highlands in the coming years.

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