GOOD causes are invited to share in the success of one of the fastest growing businesses in Wales by applying for a grant from the Edenstone Foundation.
The Edenstone Group achieved record results, topping Wales Business Insider’s Growth 100 for a second year running, featuring in the top 10 of the Wales Fast 50 list and Business Live’s top businesses in Wales to watch in 2020.
The Edenstone Foundation receives a proportion of the proceeds of every home the Magor-based business sells, with staff also fundraising to support good causes.
Over the past year the foundation has gifted more than £40,000 to good causes.
Applications for funding are now open with good causes across South Wales and the South West of England invited to apply, including those in areas where the Edenstone Group is building, such as Dinas Powys and Morriston.
Martin Taylor, managing director of the Edenstone Group, explained:
“The Edenstone Group has achieved rapid growth in recent years. To give something back and help communities share in our success we established the Edenstone Foundation. A proportion of the proceeds of every home we sell is gifted to the foundation to be distributed to community groups, charities and other good causes in the areas where we live and work.
“It’s our way of extending the support we offer communities and helping to make a real difference to people’s lives. Applications are now open and we are eager to hear about projects, groups and individuals local to where we are building that could benefit from a grant from the Edenstone Foundation.”
The Edenstone Foundation is looking to offer three community grants of up to £5,000, as well as ten smaller grants of £1,000.
Applications for funding should be made via the Edenstone Foundation website.
There are four application rounds each year (March, June, September and January) after which applications are reviewed and grants issued.
The next round of funding will be allocated in mid to late January, with all requests assessed on an individual basis. Any monies allocated must be spent within 12 months.
Previously the Edenstone Foundation has partnered with homelessness charity The Wallich and Compassion UK.
The foundation’s makeover of an outdoor area at Birchgrove Comprehensive School was recognised in the WalesOnline Property Awards.
It has also supported an appeal for a specially adapted wheelchair for a young adult with Spinal Muscular Atrophy.