Banking and mortgage technology firm Phoebus has exceeded its 2022 fundraising target, raising £8,470 for its chosen charity, the Birmingham Children’s Hospital Charity.
In recognition of its efforts, Phoebus has been named one of the charity’s ‘100 Heroes for 2023’ and will be commemorated with a personalised red balloon at the hospital’s entrance for a year, as well as an invitation to a celebratory afternoon tea party.
Phoebus initially aimed to raise £8,000 for the charity last year and plans to maintain the same target for 2023, with The British Heart Foundation as its nominated charity. The company’s charity committee is currently organising fundraising activities for this year.
Beyond monetary donations, Phoebus also emphasises the importance of volunteering time and skills. In 2022, the company partnered with Make Good Grow, an innovative charity matching service that connects volunteers with good causes.
Through this partnership, Phoebus employees used their digital skills to assist the Mayday Trust in creating and editing the podcast ‘Conversations That Challenge.’
Since 2010, Phoebus has supported the not-for-profit organization Kiva, which aims to alleviate poverty by providing small loans to individuals in developing countries. Phoebus has thus far provided 347 loans in 47 countries, totalling nearly $20,000. Loan repayments are continually reinvested into providing additional loans.
Adam Oldfield, chief revenue officer at Phoebus, said: “Charity is at the heart of our company culture and colleagues are always generous with their fundraising efforts.
“But we also encourage volunteering and our partnership with Make Good Grow is a fantastic way to match the skills of our people with the needs of charities.
“Our day-to-day business is servicing the loans of lenders and other financial services companies, so the partnership with Kiva resonates with us.
“We are pleased to be able to help people in less fortunate parts of the world make a better life for themselves by giving them a head start with a loan to develop their business.
” It’s great to see that many of the loans we’ve supported have now been paid back, showing the success of these projects.”
