The CareTech Foundation has released its Annual Report and Impact Report for the fiscal year 2022-23, showcasing significant accomplishments and milestones achieved over the past year and throughout the Foundation’s six-year journey.
Since its establishment in 2017, the Foundation has made substantial strides in fostering positive change and enhancing the lives of some of society’s most vulnerable individuals within the social care sector, both in the UK and internationally. Distinguished as the pioneering grant-making corporate foundation in the social care sector, the CareTech Foundation has recently been short-listed for the second time for the Corporate Foundation of the Year in the prestigious Business Charity Awards.
The Foundation’s portfolio of strategic partnerships has been boosted with impressive new additions this year, including:
• Youth Leads UK. This leadership programme will be delivered to 72 care-experienced young people in Greater Manchester and the North West . The programme will run from January 2023 to December 2025, offering positive
activities to support growth, boost life skills and self-confidence. 32 young people have already joined the programme.
• Motivation Charitable Trust. The partnership aims to empower people with mobility disabilities in Kenya by developing national wheelchair services, raising care standards, and improving quality of life and inclusion. The outcomes will be a model wheelchair service developed at the university (JKUAT), training for future carers, and an improved referral, fit and follow-up system. So far, 234 care sector workers have received WHO Wheelchair Service Training Packages, 12 community artisans have been trained for wheelchair repairs, and 39 people have been fitted and issued with a wheelchair.
The Foundation’s Community Grants programme extends support to address local community issues and assist CareTech Ltd staff members’ families and friends encountering significant challenges. During this reporting period, the Foundation has awarded nearly £95,000 in Community Grants to 48 local initiatives.
Through the Foundation’s Match-Funding Grant Fund, 54 CareTech Ltd employees were supported in their charitable fundraising efforts, with over £20,000 in funding. The Foundation’s Staff Hardship Fund grants also provided 232 grants totalling over £174,000.
CareTech Foundation CEO, Jonathan Freeman MBE, said:
“The African proverb has it that ‘to go fast, go alone but to go far, go together’. This rings so very true for the Foundation. The Foundation’s success is entirely down to the efforts of all those who have served as trustees since we were first established, all of those who have worked for the Foundation, our incredible partners and the countless others who have supported our efforts. And, of course, these successes come from the vision of our founders at CareTech Ltd in establishing the Foundation in the first place, the company’s incredible generosity throughout and the myriad staff members of the company who have lent their support and encouragement to our efforts.”
The commitment from CareTech Ltd to support the Foundation is backed up with an annual financial investment of 2.5% of its pre-tax profits. This enduring commitment is further reinforced by the invaluable in-kind contributions offered by the company’s
dedicated staff, who actively engage with the Foundation and its partners to amplify its reach and efficacy.
CareTech Foundation Annual & Impact Report Launch
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