Newcastle Permanent staff salary donations to local charities reach $750,000

Newcastle Permanent staff salary donations to local charities reach $750,000

For the past two decades Newcastle Permanent staff have donated more than three quarters of a million dollars directly from their salary to support more than 50 local charities.

The funds were raised by Newcastle Permanent staff through the staff’s Community Assist salary donation program—an elective program for staff to donate money to charity directly from their fortnightly salaries.

Participating staff nominate and then vote on the charities that will be the beneficiaries of the donated funds. Each year four charities are recipients of the donated funds, given in two donation rounds.

In this round of donations the two charities selected by staff were Bears Of Hope and Little Wings; each received $15,500.

Little Wings is a not-for-profit organisation that provides air and ground transport to seriously ill children in regional and rural NSW, allowing the children to attend necessary medical appointments.

Little Wings CEO, Richelle Koller said the organisation will use the funds to cover the operating costs for the aircraft and transport vehicles.

“This donation will ease the stress and burden that regional and rural families face when they simply don’t have easy access to medical treatment for their very unwell child. We are so grateful to receive this donation from the staff of Newcastle Permanent,” said Richelle.

Bears Of Hope supports and cares for families who, either through pregnancy or through infancy, experience the loss of a child. With this donation, Bears Of Hope’s Vice President and Co-Founder, Toni Watson said Bears Of Hope will be able to provide support to 140 families with a Bear Of Hope and support resources, instantly connecting parents with information,comfort, and guidance.

“Each year in Australia, tens of thousands of parents experience the loss of their precious baby. This donation will support some of those families through the hardest time of their life,” Toni said.

“I cannot express my gratitude enough for the staff of Newcastle Permanent’s generosity and support of the work that we do in the community.”

Newcastle Permanent CEO, Terry Millett said that as a major organisation and employer in the Hunter region, giving back to the local community was fundamental to the fabric of Newcastle Permanent.

“Newcastle Permanent is committed to giving back to our community. Be it through our extensive corporate sponsorship and community programs, through the Newcastle Permanent Charitable Foundation, or through providing our staff the opportunity to donate their own hard-earned salaries to local charities that are important to them,” Terry said.

“For our staff to reach this significant donation milestone of $750,000, and it be entirely made up from our staff’s own salaries, is remarkable and shows the generosity of our team. I am incredibly proud of our staff achievement and that our personal giving has supported more than 50 charities over the past two decades.”

Newcastle Permanent

As a complete retail financial services provider, Newcastle Permanent provides a genuine alternative to traditional banks for a range of financial services including the day to day needs of business banking members.

Besides an extensive network of branches and ATMs, Newcastle Permanent also offers comprehensive electronic banking services that allow their members to conveniently and efficiently conduct their financial business.

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