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Bankia donates 100,000 euros to La Caja de Canarias Foundation social welfare projects for 2016

03 October 2016

Category: Social Action

  • Bankia remains committed to Canary Islands, channelling part of its social responsibility budget through La Caja de Canarias Foundation
  • Bank directly donates 100,000 euros on top of Foundation’s contribution, taking total funding for this year’s competition to 150,000 euros
  • Requests for funding can be submitted between 3 and 18 October

La Caja de Canarias Foundation and Bankia announced today the launch of the ‘Social Action 2016’ funding programme for third year running, funding social welfare projects in the Canary Islands, especially those that help people into work. Banka has donated 100,000 euros to this year’s competition on top of the Foundation’s contribution, taking total funding for this year’s competition to 150,000 euros.

La Caja de Canarias Foundation and Bankia consider supporting social projects that boost employability in the Islands as a priority, as well as helping organisations working on the social integration of disadvantaged people and groups. Fruit of this commitment is the partnership agreement signed in Las Palmas by Bankia’s regional corporate director for the Canary Islands, Federico Navarro Cuesta, and the Foundation’s chairman, Blas Trujillo Oramas.

Successful projects will receive amounts of up to 15,000 euros through the competition, which will be channelled into improving the quality of life of young people and children at risk of social exclusion, victims of gender violence, drug addicts, the homeless, current and former prison inmates, people connected with prostitution, and differently-abled people or those who rely on carers.

Bankia’s Canary Islands corporate director, Federico Navarro Cuesta, underlined the importance of this agreement for the bank, because it involves “tackling the new profiles and situations of poverty in the Canary Islands”.

“Special consideration will be given to projects that work to cover the basic food and hygiene needs of families and health and education requirements of the under-18s and those in care, and help to reduce dependency,” the Foundation’s chairman, Blas Trujillo Oramas, highlighted.

The period for submitting applications begins on Monday, 3 October, and will end at 14:00 hours on 18 October. Competition terms and conditions are available on the La Caja de Canarias Foundation website.

Bankia and La Caja de Canarias Foundation believe it is fundamental to support those projects that most patently demonstrate the raison d’être of social action and the funds earmarked for social care and employment projects, while they also value the involvement of volunteers in the projects, and the social inclusion and normalisation of beneficiaries.

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