Date: 7 March 2018
Since 2015 the Bank of England (the ‘Bank’) has donated to charity auctions four tours of the Bank, which each included tea with the Governor, in support of the following charitable causes:
- The Lord Mayor’s Appeal – bringing together businesses, employees, neighbouring communities, and charities to find solutions to some of London’s most pressing societal issues. This was auctioned on Tuesday 7 November 2017, but was subsequently revoked as it was re-gifted without authorisation from the Bank;
- Riding for the Disabled Association – a charity providing life changing therapy through horses to over 25,000 disabled adults and children in the UK every year. The visit to the Bank took place on 17 January 2018 and was attended by the successful bidder and their spouse;
- At a fundraising event at a school to which the Governor has a close personal connection. This visit to the Bank took place on 4 October 2016 and was attended by the successful bidder and their spouse;
- Oxford Parent Infant Project (OXPIP) – a charity that pioneers parent-infant psychotherapy and provides support for parents who struggle with the demands of a new baby. This visit to the Bank took place on 19 February 2015 and was attended by the successful bidder.
As the charitable events above were not run by the Bank, we do not hold any recorded information on how the proceeds of the auctions were used.
The Bank has a policy governing charitable donations.
In line with the policy, the Bank has been involved in a wide variety of charitable activities in recent years. The Bank encourages colleagues to support the community and charitable causes that they care about and the Governor personally has also committed time to raise funds for charities. The Governor has also supported many events for the Bank’s charities during his tenure. This includes planting a tree in the gardens of Haven House Children’s Hospice, hosting a Macmillan coffee morning and supporting the Bank’s recent ‘Brew Monday’ event for the Samaritans. Please see further information on the Bank’s website on the wider Bank’s charitable activities.