Barratt Launches Charitable Foundation to mark its 500,000th home.
The new Barratt Developments PLC Charitable Foundation is launched with £500,000 charitable donation.
Barratt Developments, the country’s largest housebuilder, is marking building its 500,000th home by launching a new Charitable Foundation bringing together Barratt’s wide range of charitable activity under one organisation. The new Barratt Foundation (www.barrattfoundation.org.uk) brings a long term strategy to the company’s charitable giving which it aims to be industry-leading.
In recent years Barratt has increased the scope and scale of its charitable giving substantially to £4.5m last year, launching six major new national charity partnerships in the process.
Barratt is committed to building strong community relationships and ensuring it creates a positive legacy that helps local communities to thrive. As part of its charitable giving strategy, Barratt supports a range of local and national good causes, and encourages employees to get involved with both fundraising and volunteering.
To mark the launch of the new Barratt Foundation and to celebrate the milestone of building its 500,000th home, Barratt is donating £500,000 across 10 important charities and asked its employees to vote on which should receive the largest share of the donation.
Of the 10 charities chosen, five will receive £25,000 each (Re-engage, The Samaritans, Refuge, The Matt Hampson Foundation and The Care Workers’ Charity). Of the remaining five charities, CALM, The Wildlife Trusts and Marie Curie will each receive £50,000, whilst Dementia UK came second and is being given £75,000. The charity that was voted number one by Barratt employees was Macmillan Cancer Support and will receive £150,000.
This year helping charities is more important than ever as many of them have had their funding substantially reduced because of Covid-19. Across the last 12 months in addition to its usual charitable giving, Barratt has given St Mungo’s an extra £125,000 in emergency funding to help with homelessness, £50,000 to the Computers for Kids campaign and £150,000 to NHS Charities Together to support the NHS.
Chief executive of Barratt Developments, David Thomas, said:
“We are launching the Barratt Foundation now to be the focus of our charitable work going forward. In the middle of the coronavirus crisis we have to look after charities as much as we can so by launching the Barratt Foundation it means we can dedicate more time, effort and funding, to supporting them. Combined with building our 500,000th home we are marking this milestone by helping people and donating £500,000 to 10 charities doing amazing work.”
Since the company was formed back in 1958, Barratt has built 500,000 homes, which is more than any other housebuilder and more homes than in any UK city outside of London.
Sir Lawrie Barratt built his first home back in 1958 and since then Barratt has grown rapidly to become the leading housebuilder in the country. In the 1970s it produced the famous TV advertisements with the Barratt helicopter, which helped to turn it into a household name. In the 1980s even Margaret Thatcher bought a Barratt home, and then by the end of the 1990s it had completed its 200,000th home. After purchasing David Wilson Homes in 2007 it grew to become the UK’s largest housebuilder.