The foundation is an independent charity that was launched by DWF. Since December 2015, the foundation has been the focus of charitable giving for DWF and reflects the Group’s values.

It has the sole aim of providing funds, resources and mentoring to help individuals, groups and communities to achieve their full potential and focuses on supporting charities in locations where DWF operates.

The DWF Foundation currently supports registered charities with an impact in one or more of the following five areas: homelessness and poverty; health and wellbeing; employability; education & environment and sustainability, as well as supporting charities in Ukraine over the past year.

In reaching the £1m benchmark, the foundation has supported more than 500 charities and food banks around the world, to create opportunities for people to believe, inspire and change.

The foundation is the main focus of charitable giving for DWF colleagues, who take part in fundraising, volunteering, team challenges, mentoring and other initiatives to support the charity.

Sir Duncan Nichol, chair of the DWF Foundation, said: “I was honoured to be invited to join the DWF Foundation as a trustee and subsequently as chair in 2019.

“I joined at a time of great change for both the foundation and DWF as a result of the IPO and it is wonderful to see throughout this change the continued commitment to supporting local communities, with the ensuing benefit to so many people.

“One million pounds is a fantastic milestone to reach and I send my thanks and appreciation to everyone who has supported the Foundation this past seven years. I look forward to helping us reach its next million.”

Jim Davies OBE, founder patron of the DWF Foundation, said: “As a founding partner of DWF, I was delighted when approached to help set up the DWF Foundation in 2015. The Foundation was very fortunate to receive the amazing gift of shares from DWF as part of the IPO.

“Seven years on, reaching £1 million donated, I am so proud of what has been achieved and the over 500 charities and food banks we have been able to support. Thank you to everyone at DWF for their support and I look forward to continuing to help our global communities together. Onwards and upwards!”