Groups to get a Co-op windfall

Brought to you by the News Guardian.
Brought to you by the News Guardian.

Community groups in North Tyneside will benefit from a windfall courtesy of the Co-op.

A £32,000 funding boost has helped 15 organisations in Tyneside, including Tynemouth Volunteer Lifebrigade, Friends of Tynemouth Outdoor Pool and Acorns in North Shields.

When a Co-op member buys own-brand products from food stores or a funeral plan or funeral from Funeralcare, they receive a five per cent reward for themselves with a further one per cent going to local good causes.

All those one per cent rewards, plus the proceeds of the carrier-bag charge in England, has resulted in the pay-out.

Nationally, 4,000 good causes are sharing a total pot of £9million.

The chief membership officer at the Co-op, Rufus Olins, said: “The Co-op has always been community focussed.”

“The original Rochdale Pioneers were motivated by the need to improve the living conditions of those within their local community and they also understood that values were just as important as value.

“By listening to our members we are able to identify what communities care most about and then offer support that really makes a difference, and by working with and supporting local good causes great things are happening.”

The Co-op has 4.3 million active members including 750,000 recruited since the new scheme began on 21 September 2016.