Financial education charity Money Ready has received its largest ever funding commitment of over £1m from trading and investment platform IG Group.
The three-year partnership will fund Money Ready’s programmes, with a target of reaching 245,000 learners over the partnership period, including 70,000 in the first year.
Money Ready also plans to open a new hub in the first year of the partnership with a plan for 500 hours of employee volunteering.
The partnership is funded through IG Group’s four-year pledge to donate 1% of profits to charitable causes, fulfilled in late 2025.
Programme outcomes will be tracked against improvements in financial knowledge, skills, confidence, attitudes and behaviours.
Leon Ward, chief executive of Money Ready, said IG Group had pledged to work with the charity in a “truly meaningful way”.
“This is the biggest single funding commitment we have ever received, and it will allow us to do some of the most important work of our 20-year history,” he said.
Michael Healy, UK and Ireland managing director of IG Group, said: By combining funding, employee expertise and long-term collaboration, we want to help build the skills and confidence that enable people to take greater control of their financial futures.”
Registered as a charity in 2008, London-based Money Ready recorded a total income of £4.48m and expenditure of £4.17m in the year to August 2024.
