Our Commitment to Charity

At NorthStar, we believe it is important to give something back. We are committed to supporting charities that help those less fortunate than ourselves and help improve the world around us.  With this in mind, we have developed a formal set of charity donation guidelines which commits our company to helping charitable causes on a regular basis.
 

Working in the financial services sector, we have a particular interest in charities who try to increase financial literacy and education as this ties in with our mission to help improve the financial lives of those we work with.

Our Chosen Charity

Money Ready is a financial education charity dedicated to creating a financially fluent population. Money Ready believe that financial literacy should be considered a right for all because the language of money is a language for life.

Poor financial literacy is central to many problems people face today, including rising mental health issues, homelessness and unemployment. We’re here to change that.

Money Ready work with over 50,000 people across the UK every year, delivering expert-led, high-impact financial education programmes. Money Ready want to bring the language of finance to life so that everyone can navigate their money with confidence, no matter where they started.

You can learn more about Money Ready at moneyready.org.

What We Give to Charity

• An annual charity donation
• £20 donated for every new client recommended to us by an existing NorthStar client
• At least one major fund-raising event each year

Our 2018 Charity Fundraising Event

In May 2018 we took part in the Isle of Wight Challenge alongside 1,700 other participants to raise money for MyBnk. The Isle of Wight Challenge is a 106km (66 mile) non-stop walk around the coast of the Isle of Wight.
 
We managed to walk 44 miles (70km) of the 66-mile (106km) course before being forced to retire. Looking at the official data, this year may have seen the highest attrition rate so far with 35% of participants on the ‘full-island’ challenge failing to finish. This was probably due to the sapping temperatures this weekend and a 15km stretch of the course that was more akin to a ‘tough-mudder’ with participants ts having to wade through ankle-deep bog, on and off for miles. This part was both mentally and physically tough.
 
It brought home the risks and stresses an event like this can cause as we were forced to contact the event organisers twice along the way – once when another participant walking near us suffered a broken ankle and other who collapsed with exhaustion right in front of us just after the halfway point.
 
We were gutted to not complete the full event but equally very proud to have walked almost non-stop for 44 miles. We knew we could have opted for the quarter-island or half-island challenge (or event the full-island challenge over 2 days) and stood a much better chance of finishing, but we wanted to push ourselves as far as we could and test our limits.
 
We’re really please to have raised over our target of £1,000 for MyBank and they’ve told us this money will help over 100 young people attend their workshops, helping them learn vital money management skills to take charge of their futures.