Lloyds Scholar Beulah: ‘The Foundation does so much more than just award grants’

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Lloyds Scholar Beulah Amponsa

Beulah Amponsa is a Lloyds Scholar – a unique social mobility programme run by Lloyds Banking Group which partners with leading universities across the UK. It offers students from lower income households a complete package of financial support, at least one paid internship, a business mentor and the opportunity to develop their employability skills, boosting future career prospects.

Beulah recently finished a 10-week placement with Lloyds Bank Foundation. Read her blog below:


 

When I found out that I would be interning with the Foundation, I wasn’t too sure what it would involve and the full extent of what they did. I thought that the Foundation was just another division of the bank and that they just give grants to charities.

This might be a common misconception among the general public who are not involved in the sector. Despite having explained it to interns and family members, some didn’t understand what the Foundation does or how integral their role is in the charity sector.

It has now been 10 weeks and I am grasping how crucial the role of the Foundation is in allowing charities to thrive and continue to do the work that they are doing.

So many of the charities that the Foundation aims to support are ones that tackle complex issues that have a substantial impact to those affected and their wider peer groups.

The Foundation continues to enable those working to overcome these issues to make a difference in their communities by putting the needs of these charities at the centre of its work.

I don’t know much about other grant makers, but I know that the amazing work the Foundation does means it can do even more than award grants. They also develop charities beyond covering costs; giving charities the opportunity to gain access to expert Lloyds Banking Group employees, developing their work and boosting their income streams with a view to making small and local charities sustainable.

Whilst here, I conducted research into the attitudes and preferences of Generation Z and  small and medium charities (SMCs), wrote a report and presented my findings. So, in 10 weeks, I have become a researcher, interviewer, survey creator and presenter. I had never done any of those things before this placement.

I have found out that awareness of SMCs is needed among Generation Z but even though that is the case, Gen Z still show an interest in supporting charities in their local communities. Money might not be something they have a lot of, but they do want to give; if not money, then time and they want to give in a way that is convenient and impactful.

My project has given me the opportunity to learn more about my generation, share my learning with others and contribute to the work of the Foundation, the Banking Group and charities.

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