The Social Investment Fund launched the COVID-19 Community Charity Appeal to support the Bailiwick of Guernsey’s community, and the many charities that provide vital care and services.

GUERNSEY, 28 MAY 2020 – Royal Bank of Canada (RBC) has continued its global commitment to supporting COVID-19 causes by pledging £10,000 to the newly formed Social Investment Fund (SIF), that’s purpose is to use both public and privately donated funds to invest in the third sector and improve joint working between the government and the third sector.

On both a local and global scale, charities have had to cancel fundraising events and sponsored activities due to COVID-19, which has resulted in severe financial impacts for the vital services these charities provide. RBC is focused on supporting those most vulnerable, including those lacking food security and mental health assistance, in addition to any further issues that continue to emerge in these challenging times.

“COVID-19 is affecting everyone in one way or another, which is why RBC continues to actively support the communities where our employees live and work to deliver support where it’s needed most. I’m delighted that RBC has contributed to SIF’s COVID-19 Community Charity Appeal,” said Lisa Barnett, Managing Director, RBC Wealth Management in Guernsey. “Through this donation, multiple charities in need will receive essential funding to continue their work.”

Jurat Stephen Jones, OBE, Chair of Social Investment Fund, added: “In a time where charities around the world are being impacted by COVID-19, we are incredibly appreciative of RBC’s support. This donation is integral to supporting our local charities, many of which have seen a sharp decline in their funding since the beginning of this crisis.”

In addition to this donation and others across the globe, RBC announced last month, the launch of #TheMentalHealthFund, where RBC has joined other founders to collectively pledge $2 million to support Kids Help Phone, Crisis Text Line, Shout UK, & SpunOut.ie as they support people affected by the mental health impacts of COVID-19.

By supporting #TheMentalHealthFund, RBC is helping to ensure that resources remain accessible for those struggling with the day-to-day challenges of a more isolated world.

Media contacts

Ben Adams, RBC Wealth Management / +44 (0) 20 7653 4516 / ben.adams@rbc.com

Alice Gasson, Greentarget / +44 (0) 20 7324 5498 / alice.gasson@greentarget.co.uk

About RBC Wealth Management

RBC Wealth Management directly serves affluent, high net worth and ultra high net worth clients globally with a full suite of banking, investment, trust and other wealth management solutions, from our key operational hubs in Canada, the United States, the British Isles, and Asia. The business also provides asset management products and services directly and through RBC and third party distributors to institutional and individual clients, through its RBC Global Asset Management business (which includes BlueBay Asset Management). RBC Wealth Management has C$1.11 trillion of assets under administration, almost C$793 billion of assets under management and more than 4,800 financial consultants, advisors, private bankers, and trust officers. For more information, please visit www.rbcwealthmanagement.com.

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