Computershare Loan Services and The DPS have donated £40,000 to national charity Depaul UK.
Depaul UK offers financial literacy education as part of its employability programme Steps to Success, which equips young people with the skills and knowledge to secure and maintain meaningful employment, education or training.
The donation will fund financial literacy workshop programmes across the country, particularly for those aged 16 to 25 who are without a home or who are at risk of becoming homeless.
Computershare Loan Services donates £1,200 to children’s charity
The charity also offers one-to-one sessions to support young people to resolve debt, understand money matters, manage their benefits, and handle other financial difficulties.
The businesses have together provided just under £0.5m to charities in these respective fields since 2014.
The DPS and Computershare Loan Services Charity Fund is also set to make donations to local charities near the organisations’ Derry, North and West Yorkshire, Sunderland, Doxford and Bristol offices later this year.
Nicola Harwood, director of prevention and programmes at Depaul UK, said: “This significant donation will enable us to extend our work with young people to help them escape or avoid homelessness, achieve financial independence and progress into long term education, training or sustainable employment.
“Increasing financial literacy among young people is integral to young people’s independence, health and employability.
“Computershare’s donation will also help support young people to develop the skills and confidence to undertake training for sustainable careers and move away from the dangers of homelessness, especially as they continue to feel the economic impact of the past year.”
Andrew Jones, chief executive at Computershare Loan Services, added: “Computershare Loan Services has a proud history of supporting organisations that help improve with financial education or alleviate poverty.
“We’re delighted this year to link up with our sister organisation, The DPS, and combine our efforts to provide significant support to a charity working to help young people, particularly in these challenging times.”
