Principality Building Society has announced the latest recipients of its charitable funds with a combined investment of almost £600,000 to support communities, young people and environmental sustainability across Wales.
In this latest round, almost half a million in funding has been awarded to 15 organisations through Principality’s Future Generations Fund, and almost £100,000 distributed to four organisations through the organisation’s Retrofit for the Future Fund.
Since launching the programmes in 2022, Principality has awarded £2 million in grants through the Future Generations and Retrofit for the Future Funds. Both funds are delivered in partnership with Community Foundation Wales, with grants awarded annually to groups whose work focuses on supporting young people and third sector organisations running community access buildings to improve energy efficiency.
The latest funding round closed in October 2025, with applications open to non-profit groups across Wales and the Welsh/English border, including charities and community organisations.
These initiatives reflect Principality’s commitment to social wellbeing, creating opportunities for young people and supporting a more sustainable future, in-line with the Well-being of Future Generations (Wales) Act.
Beneficiaries of this year’s fund include Mid Powys Youth Theatre, Stepping Stones North Wales, Newport Cricket Club, Child of the Earth CIC in North Pembrokeshire and Rhondda Netball (pictured), with funds allocated to support girls in gaining coaching qualifications and training-helping them become qualified coaches and positive role models within their community.
Commenting on the announcement, Nigel Taylor, Head of Brand, Impact & Communications, at Principality Building Society said:
“Supporting communities across Wales and charitable giving are central to our values at Principality Building Society. As a mutual organisation, we reinvest a percentage of our profits for the benefit of our Members – this commitment is a core part of our purpose, to build a fairer society.
We’re so proud to see all the projects and organisations that have benefitted from this year’s funds. Both our future Generations and Retrofit for the Future funds make a real difference to the lives of people across Wales and better important causes – a legacy we are firmly committed to.”
By supporting initiatives like the Future Generations Fund and the Retrofit for the Future Funds, Principality remains committed to empowering communities and building better futures for families and individuals across Wales.
Richard Williams, Chief Executive of Community Foundation Wales, said:
“We’re proud to continue our partnership with Principality Building Society, as we enter our fifth year of working together to support communities across Wales. Through the Future Generations Fund and the Retrofit for the Future Fund, this partnership has supported work with young people and helped communities take practical steps to reduce their energy bills and their environmental impact. By working in partnership, we’re able to ensure funding reaches grassroots organisations and respond to issues that matter most locally.”
