Peter Flavel, CEO of Coutts commented: “Philanthropy is in Coutts’ DNA and it is traditional for employees to choose a cause each year that is close to our hearts. Coram’s vision is that all children will have the best possible chance to live a fulfilling life, by building confidence, independence and developing change that lasts a life time. Last year we raised over £150,000, and have ambitious plans to beat this with even more gruelling fund raising challenges.”
Fundraising has already begun in spectacular fashion, with over 80 Coutts employees completing a ‘Yorkshire Three Peaks Challenge’, raising over £81,000 for Coram’s life-changing work with vulnerable children, including adoption, advocacy, creative therapies and legal support.
Those supporting Coram in tackling the punishing climbs of Pen Y Ghent, Whernside and Ingleborough followed the illustrious lead of Coutts & Co’s founder, Thomas Coutts, who was a Governor of the historic children’s charity way back in 1807.
The bank has an impressive philanthropic heritage and a rich history. Thomas Coutts’ grand-daughter, Angela Burdett-Coutts, was a progressive 19th century philanthropist concerned with breaking cycles of poverty and the provision of basic human needs. She also founded the Urania Cottage home for Fallen Women, with Charles Dickens, who was himself an early supporter of the Foundling Hospital.
Coram Chief Executive Dr Carol Homden CBE said:“Coutts and Coram both share a proud legacy of transforming the lives of the most vulnerable children and young people. We are thrilled to continue an association that stretches as far back as 1807.
“As a Governor of The Foundling Hospital, Thomas Coutts’ endeavour and kindness helped cement the legacy of our founder, Thomas Coram, helping the charity to continue and thrive into its second century. By choosing Coram once again, Coutts will engender life-long change in the lives of those children who most need our help, protecting them from harm in the present, and providing hope for the future.”