Openwork  

Adviser network raises £562k for vulnerable children

Adviser network raises £562k for vulnerable children

Financial advice network Openwork has raised more than half a million pounds in support of vulnerable children and young adults last year through its foundation.

The Openwork Foundation raised £562,000 in 2018, bringing the total raised since it was launched in 2005 to £7.4m.

The funds are given in the form of charitable grants to projects chosen by Openwork staff and advisers and the foundation is currently partnered with My AFK, a charity which provides mobility equipment for children and young adults in the UK, alongside 45 other charities.

The Openwork Foundation has committed £40,000 to My AFK in the form of an annual grant until December 2019. 

Monthly donations from Openwork partners and advisers contributed £223,000 of fundraising last year, but other efforts included London Marathon, Prudential RideLondon 100, and the Royal Parks Half Marathon.

In October last year 27 members of the adviser network cycled 400km between Hanoi and Saigon in Vietnam, raising £100,000 for the foundation.

Sam Tesch, manager at Openwork Foundation, said: "Every year we are blown away by the support the Openwork advisers and staff give to the foundation and I am incredibly proud of what we have achieved in the past 12 months.  

"The money raised has and will continue to transform the lives of thousands of children and young adults across the world.

"We are looking forward to raising even more money this year with some exciting events lined up and I’d like to take this opportunity to personally thank everyone for their continued support."

rachel.addison@ft.com