Micro-Donations Make a Big Impact on UK Communities

  • Screwfix Foundation raises £10m since launch
  • Partnership with Pennies raised over £4.6m for charity
  • Average of 100,000 micro-donations per week through Pennies
  • Over £1.25m donated to Macmillan Cancer Support in 2021
  • Grants supported home improvements for 592 households in 2021

Kingfisher’s Screwfix has raised over £10 million for The Screwfix Foundation since its launch in 2013, supporting charities and non-profit organizations across the UK through partnership with micro-donation charity Pennies. Over 29 million micro-donations have been made by customers rounding up their online orders, raising over £4.6m for charity. On average, about 100,000 micro-donations are made each week via Pennies. In 2021 alone, customer donations raised £1.25m for charity. The Screwfix Foundation fully funded almost all of Macmillan Cancer Support’s grants for home improvements in 2021, supporting applications from 592 households with adaptions like shower and bathroom adjustments, new flooring, or installing stairlifts. Since 2013, over £10m has been raised through fundraising activities and rounding up online orders.

Factuality Level: 10
Factuality Justification: The article provides accurate and objective information about Kingfisher’s fundraising efforts for charity through The Screwfix Foundation and its partnership with Pennies. It includes specific amounts raised, the number of micro-donations made, and the impact on charities such as Macmillan Cancer Support.
Noise Level: 1
Noise Justification: The article provides relevant and informative content about Kingfisher’s charitable efforts through The Screwfix Foundation and its partnership with Pennies, highlighting the positive impact on various organizations and individuals in need. It also includes quotes from key figures involved in the process. There is no irrelevant or misleading information, and it stays focused on the topic without diving into unrelated territories.
Financial Relevance: Yes
Financial Markets Impacted: No
Financial Rating Justification: The article discusses charitable donations made by customers and the impact on non-profit organizations, but does not directly affect financial markets or companies.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: Minor
Extreme Rating Justification: There is no extreme event in the text.

Reported publicly: www.retailsector.co.uk