A charitable foundation, The Northern Rock Foundation, was established under the terms of Northern Rock's conversion from a building society to a plc in 1997. The Foundation has as its primary objective helping to improve the conditions of people disadvantaged by age, infirmity, poverty or other circumstances.
In February 2008, Northern Rock was taken into temporary public ownership. The Northern Rock Foundation has been guaranteed a minimum income of £15 million per year in 2008, 2009 and 2010.
For more information visit www.nr-foundation.org.uk