Five Aberdeen charities are in line for a funding windfall after a big-hearted philanthropist donated £210,000 in profits from his restaurant group.
This is the second year that the Boozy Cow group, the concept developed by philanthropist Garreth Wood, has given away ALL its profits, with almost half a million pounds being donated to date, to good causes, including Aberdeen-based The Archie Foundation.
Now Garreth has announced that an additional five Aberdeen charities will receive a share of Boozy Cow’s future profits, benefiting from the proceeds of the group’s Langstane Place venue, which reopened today [FRIDAY, MARCH 24] following a refurbishment.
Announcing the new charity partnerships, Garreth said profits generated during the business’s current financial year would be going to Charlie House, Cash For Kids, Cornerstone, Grampian Autistic Society and Aberdeen Cyrenians.
Garreth said the £210,000 in profits in the year to October 2016 would be shared among CHAS, the Archie Foundation, the Youth and Philanthropy Initiative, Edinburgh and the STV Children’s Appeal. With a focus on supporting local charities, money will also go to the Eilidh Brown Memorial Fund, Stirling Carers Centre, PLUS Stirling and Start-Up Stirling after a Boozy Cow restaurant opened in the city’s King Street in September last year.
Garreth said: “We work very hard throughout the year to make our units as profitable as possible and we remain committed to giving 100% of our profits back to the local communities by directly supporting charities in the local areas. I am very proud of my team who work tirelessly to achieve this, and would like to thank our loyal customers who help to make this happen.”
Lisa Duthie, Director of Corporate Relations and Fundraising at Aberdeen-based Cornerstone charity, which provides services for adults and children with learning disabilities, said: “Everyone at Cornerstone is delighted that we are working in partnership with the team at the Boozy Cow. We have already benefited from some of their team volunteering at one of our fundraising events and we look forward to spending any monies raised to help the people that Cornerstone supports to enjoy a valued life. However, the value of this partnership goes beyond a monetary donation. Working alongside people who share our values and are as passionate as us about what we do is genuinely priceless.”
Garreth said: “We are delighted to make further commitments to our charitable partners in this financial year even in a challenging Aberdeen economic climate. We are achieving steady growth and are expecting the profits to rise with the opening of new sites, starting with the addition of a Dundee site next month. We are very proud to have given away almost £500,000 in the first two years since launching The Boozy Cow.”
Last year, Aberdeen’s Boozy Cow won a string of awards, including Best Independent Bar, Best Newcomer and Highly Commended Heart of the Community, at the Best Bar None awards.