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The truth about businesses working with charities - Addressing the most asked myths

At Luxury Lockstitch UK (LLUK), we take pride in our commitment to social responsibility and community support. Therefore, we are a proud partner of the Fashion & Textiles Children’s Trust (FTCT), a unique organisation dedicated to supporting the children of individuals working within the British fashion and textile industry, through cash grants that don’t need to be repaid. 

Why You Should Partner with Charities ?

Partnering with charities, like FTCT is essential, even if your company already provides its own support system. It serves as an extra layer of support and demonstrates a commitment to the broader community, ensuring that additional resources are available for those in need.

Key Takeaways: 

Myth #1: If You Have Your Own Foundation, You Don’t Need to Partner with External Charities

Even if your company has its own foundation or benevolent fund, partnering with external charities adds an extra layer of support. Charities can provide wider resource pools and assistance to all eligible individuals, regardless of whether their company has partnered with them. Moreover, employees may not want to go to their company and may want to remain anonymous as there is still a stigma associated with asking for help. However, it is essential to collectively support these charities, because if we don’t, they wouldn’t be able to continue their invaluable work.

Myth #2: There Is a Minimum Amount Required for Fundraising

Contrary to popular belief, there is no minimum amount required when it comes to fundraising. Small internal activities such as cake sales or raffles might only raise a small amount, but the main goal is to raise awareness among employees that support is available if needed. Whether it’s £20 or £200, every contribution goes towards covering essential costs for a child, such as new shoes or a school uniform. Even the smallest donations can make a significant difference in a child’s life.

Myth #3: Partnering with a Charity Implies You Are Not Paying Your Employees Adequately

One of the most common misconceptions is that partnering with a charity that provides funds for employees in need suggests that you are not paying your employees adequately. At LLUK, we are committed to being a real living wage employer, adhering to the London living wage as a minimum standard. However, life brings unexpected challenges, and employees may face hardships due to illness, the cost of living crisis, interest rate increases, and more. These situations can have a significant impact on people’s lives, and statistics show that even high-income earners sometimes need additional support. 

What does that mean for your company?

At LLUK, being committed to fostering a supportive and inclusive environment for all our employees and their families is embodied in our values. 

By addressing these common myths, we aim highlight the importance and benefits of partnering with charities, demonstrating that this collaboration is beneficial not only for those directly involved but also for the broader community. 

For more information about and how you can get involved, visit the Fashion & Textiles Children’s Trust  website or contact us directly.


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