Friends of Victoria Hospital Wimborne is looking to capitalise on their money more by becoming part of the Cascade Cash Management service.
The charity, which is based in Wimborne in East Dorset, is using the cash savings portal built by Cascade to maximise returns on the cash held in the bank, ensuring that they get the highest interest returns possible and that their cash deposits are secure.
Founded in 1935, the object of the Friends is to “support patients of the hospital and others in the community who are in need of health care as may be provided by the hospital, and generally to support the work of the hospital”.
All of the charity’s activities support the hospital’s work in the advancement of health and the relief of those in need because of ill-health. The hospital provides a service of care which is available equally to all members of the local community, demonstrating the public benefit of the charity.
Charity treasurer, Peter Cadogan, said:
“It is our duty to maximise the donations we receive and ensure as many local people as possible who need health care can benefit from the hospital.”
Cascade is headed up by Dr Emma Black. As managing director, Emma is delighted that the portal can support charitable efforts. She said:
“It is important to us that the portal is accessible by charities and that they can benefit on the returns on their cash deposits. We currently have charities the length and breadth of the country benefitting from the higher interest rates they can access – this makes our team proud and makes all our efforts worthwhile.
“We are delighted to support the Friends of Victoria Hospital Wimborne and hope many people benefit from our support.”
Cascade is an independent and transparent service created to generate enhanced cash returns and increased protection on deposits through professional cash management.
The Cascade team of eleven administer cash savings on behalf of clients and depositors can also use the portal to administer their own savings. Partners including IFA’s, solicitors, attorneys, accountants and many more can also self-brand the product for presentation to their own clients.