The Bank engages with the community through building strong community partnerships, providing financial support to local charities through the work of the Staff Charities Fund and Permanent TSB Community Fund, and through engaging employees in volunteering initiatives.
in charitable giving through the permanent tsb Community Fund and the Staff Charities Fund in 2020
In July 2020, Permanent TSB announced a three year partnership with Ó Cualann Cohousing Alliance to support the agency’s work developing fully integrated, co-operative and affordable housing schemes in communities across the country.
As part of the partnership, the Bank will provide €350,000 to Ó Cualann, which will be used to fund the resources required to accelerate its development plans, building more than 1,800 houses across Ireland over the next three years.
The Bank was delighted to welcome the Minister for Housing, Darragh O’Brien TD to the launch of the partnership at Ó Cualann’s second development at Cranogue Islands, Ballymun in Dublin.
The Ó Cualann Cohousing Alliance was founded in 2014 with the aim of providing fully integrated, co-operative, affordable housing in sustainable communities. By December 2018, all 49 houses of Ó Cualann’s inaugural project in Poppintree in Ballymun were completed and handed over to residents.
Ó Cualann is a member of the Social Entrepreneurs Ireland Alumni Network and is an SEI Impact Programme Awardee – a programme recognised as having the potential to grow and scale its impact.
Permanent TSB entered into a five year partnership with Social Entrepreneurs Ireland (SEI) in 2017, contributing both financial support – €375,000 over five years – and also implementing an extensive employee engagement programme between SEI and employees of the Bank.
In March 2020, the Bank was proud to support Changing Ireland: My Big Idea, a six-part docuseries produced for RTÉ One, in association with our community partner Social Entrepreneurs Ireland. The documentary followed some of the most successful social entrepreneurs from the Social Entrepreneurs Ireland Alumni Network, showcasing the positive impact that their work is having across the country and detailing their journey from start-up to scale-up.
The docuseries observed considerable engagement in communities across the country and provided the entrepreneurs a platform to tell their story in a way that they had not done before. Following its success, Changing Ireland: My Big Idea aired a second time on RTÉ One in September 2020.
Did you know that 93% of 8-12 year olds own their own smart device, 65% are on social media and more than 70% are gaming online? Of these children, 31% play online games with people they don't know and 30% of kids on social media have friends or followers that they don't know in real life.
Our community partner CyberSafeIreland (CSI) is a not-for-profit organisation that focuses on works that empower children, parents and teachers to navigate the online world in a safe and responsible manner. Whilst they recognise the many benefits that technology use brings to our everyday lives, they also believe it is essential to find a healthy balance when using technology; and, in particular, equipping children and young people with the tools to stay safe and avoid harm while online.
With that in mind, Permanent TSB was proud to team up with CSI for the launch of their first Cyber Break, which took place in October.
Cyber Break, brought to you by the Permanent TSB Community Fund, was a 24 hour break for families to swap their screens and devices for a day filled with family fun. The campaign was observed by c.5000 school children in the CSI network and saw significant engagement by the Irish public across social media channels and online platforms – reaffirming the message that finding a healthy balance when using technology is imperative in this new digital era.
CyberSafeIreland is a member of the Social Entrepreneurs Ireland Alumni Network and is an SEI Impact Programme Awardee – a programme recognised as having the potential to grow and scale its impact.
The Community Fund was established in 2019 to support communities by providing funding to community organisations that are having a positive and meaningful impact on the ground and who are working hard to make a difference.
With more than 20,000 votes cast by the Irish public, in January 2020 the Bank was proud to announce the Jack and Jill Foundation, Arch Clubs, Aoife’s Clown Doctors, Mallow Search and Rescue, Mayo Roscommon Hospice and Milford Care Centre as its Community Fund Partners for the inaugural fundraising year.
Numerous fundraising events were organised and managed by our colleagues from around the Bank throughout the year. All money raised was match funded by the Bank, for an overall donation to our Community Fund Partners of c.€130,000.
The Community Fund works in tandem with Staff Charities, and through a combined effort aims to contribute c.€300,000 back into local communities each year.
Now, more than ever, business has a profound role to play in supporting communities to navigate this new, incredibly disrupted world and transformed society. The impacts of Covid-19 have been challenging for the charity sector and the Marie Keating Foundation is no different, as the provision of vital cancer services were impacted by the onset of a global pandemic. To help support delivery of these critical services, the Permanent TSB Community Fund joined forces with the Marie Keating Foundation for the Concert4Cancer event in August 2020.
The Concert4Cancer featured a host of national and international stars, including Ronan Keating, Gary Barlow, Nathan Carter, the Coronas, Kodaline and Riverdance – raising more than €500,000 euro on the night, enabling the Foundation to continue to provide a critical service to the people of Ireland, at a time when they need it most.
As cancer incidence continues to grow across the country, there isn’t a family anywhere that hasn’t been impacted, either directly or indirectly. More than 43,000 new cases are diagnosed every year, with 1 in 2 people being affected.
The Marie Keating Foundation is one of the leading voices in Ireland for cancer prevention, awareness and support. Permanent TSB is proud to support their commitment to being there for people diagnosed with cancer, and their families, at every step of their cancer journey.
In 2020, Permanent TSB Staff Charities donated €210,000 to local charities, supporting the work of Make-A-Wish Ireland, Pieta House and CyberSafeIreland.
The charities supported are nominated and selected by Permanent TSB employees for the fundraising year.
Numerous fundraising events were organised and managed by our colleagues from around the Bank throughout the year including: Payroll Giving; the Annual Table Quiz; At Your Own Pace Online Race Series and Virtual Steps Challenges; together with various local fundraising initiatives that are driven by our teams in the Branch Network. All money raised by employees is match funded by the Bank.
Since its establishment, the Staff Charities Fund has donated in excess of €1 million to Irish Charities, supporting local communities across the country.
Permanent TSB is proud to support the Arts through our partnership with the National Gallery of Ireland. The Bank supports Room 21, a newly refurbished gallery in the historic wing, containing an impressive display of Irish portraits and landscapes.
Permanent TSB has in place an Employee Volunteering Programme and corresponding Volunteering Policy. The programme is driven by the Responsible Business Steering Committee and sees our colleagues from across the organisation take part in the volunteering initiatives affiliated with the Bank’s Staff Charity Partners. Prior to the onset of Covid-19, more than 500 volunteering hours were provided on the ground in local communities in Q1 2020, equating to c. €12,100 of in-kind giving.