27 January 2026

Tel: 01245 355947

Saffron Building Society’s Community Fund Reaches Major Milestone!

26th January 2026

Saffron Building Society has reached a major milestone, with its endowment fund at ECF surpassing £1 million, well ahead of the five-year target set in 2023. 

This achievement means the Saffron Community Fund can now award around £50,000 each year to support local projects, charities, and initiatives across Essex, Hertfordshire, and Suffolk. Since its launch in 2011, the fund has given more than £300,000 to a wide range of local causes. 

Managed by ECF, grants are decided by a panel of Saffron Building Society staff and members. The fund reflects the Society’s long-standing commitment to making a meaningful difference in the communities it serves. 

“Reaching £1 million in our endowment fund is a testament to our values as a mutual,” said Colin Field, CEO of Saffron Building Society. “We’re incredibly proud to have exceeded our target and to know this fund will continue supporting Essex communities now and in the future.” 

ECF works to connect donors with local charities, helping strengthen communities across the county. Caroline Taylor, CEO of ECF, said: 

“Saffron’s endowment shows what’s possible when a socially responsible business takes a long-term view of community investment. It is already supporting local charities tackling some of the most pressing challenges, and it will continue to do so for generations.” 

Recent grants from the fund include: 

  • DIG-IT Community Allotment – £3,000 for a joint food growing and cooking project 
  • Hourglass (Safer Ageing) – £2,750 towards a 24/7 helpline for older people at risk of abuse 
  • Kool Carers South East – £2,000 for activities and trips for young carers in Brentwood 
  • Red Kite Rape and Sexual Abuse Support Service – £10,200 to support survivors of sexual abuse across Hertfordshire and Essex 

DIG-IT Community Allotment said: 

“Dig It are so welcoming and passionate about making the site safe and accessible. The benefits of time spent here are immeasurable.” 

The fund will continue to provide long-term support for essential community projects and local organisations across the region. 

For more information or to apply for funding, visit essexcommunityfoundation.org.uk or call 01245 355947.