Santander announces partnership with the Foundation for Education Development

Santander has announced its support for the Foundation for Education Development (FED)1, a non-profit organisation established to help shape the future of our education system.

The partnership will see the FED and Santander collaborate on a range of future education projects, including a national strategy for the development of financial wellbeing for students, the FED’s National Report, launching on 9th July, and its National Education Summit later this year.

Carl Ward, Chair of the Foundation for Education Development (FED) commented: “We are thrilled to be working with such an important partner as we prepare to launch our fourth National Education Report, and through it provide government with a framework and architecture to plan long term.  Santander’s passion to support the development of education across the country will see us collaborate on a range of the FED’s Future Education Projects - including a national strategy for the development of Financial Wellbeing for Students.”

Andrew Wilson, Director of Communications, Marketing and Responsible Banking at Santander UK said: “We are proud to be supporting the Foundation for Education Development and their mission to progress the education system in the UK. The FED provides a fantastic platform to bring together stakeholders across the sector, to identify and share best practice, and advocate for change.

“At Santander we have a long-standing commitment to education, employability, entrepreneurship, and ultimately helping the people in our communities prosper. We know the value that strong financial wellbeing has when shaping young people’s futures and I look forward to working with the FED over the next year to shape a new national strategy and point to where we can do more.”

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1. Read more about the FED: 

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Santander UK is a financial services provider in the UK that offers a wide range of personal and commercial financial products and services. At 31 December 2023, the bank had around 19,800 employees and serves around 14 million active customers, 7 million digital customers via a nationwide 444 branch network, telephone, mobile and online banking. Santander UK is subject to the full supervision of the FCA and the PRA in the UK. Santander UK plc customers’ eligible deposits are protected by the FSCS in the UK.

Banco Santander (SAN SM, STD US, BNC LN) is a leading commercial bank, founded in 1857 and headquartered in Spain and one of the largest banks in the world by market capitalization. The group’s activities are consolidated into five global businesses: Retail & Commercial Banking, Digital Consumer Bank, Corporate & Investment Banking (CIB), Wealth Management & Insurance and Payments (PagoNxt and Cards). This operating model allows the bank to better leverage its unique combination of global scale and local leadership. Santander aims to be the best open financial services platform providing services to individuals, SMEs, corporates, financial institutions and governments. The bank’s purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising €220 billion in green financing between 2019 and 2030. In the first quarter of 2024, Banco Santander had €1.3 trillion in total funds, 166 million customers, 8,400 branches and 211,000 employees.