At Nationwide we want to build a better society with the help of our members and their communities. That's because we're not a bank, we're a building society, founded by our members. And helping local communities is at the heart of being a building society.
In fact, to this day, members still have a say in the decisions we take and keep us true to our values. In 2007, it was our members who decided that at least one per cent of our pre-tax profits should be donated to good causes.
We donate a quarter of this money to the Nationwide Foundation*, an independent charity set up 20 years ago to fund charitable causes and help improve the lives of people in need across the UK.
And from 2012 until recently, the rest has been invested on an ambitious five-year social investment programme called Living on your side.
We started Living on your side after asking members what they thought we should do to make a positive and lasting difference to their communities. Their direction was clear - focus on the areas where we have the most expertise and can make the biggest impact: housing, money management and supporting local communities.
April 2017 brought us to the end of this amazing five-year journey, and we're happy to say that we've done even more than we hoped.