RFL is incorporated on 13 August 2010 as a wholly owned subsidiary of Co-operative Banking Group Limited.
RFL commences operations on 28 March 2011 following regulatory authorisation. RFL receives in excess of £300m from 10 financial institutions.
RFL holds its first Annual Event bringing participants and beneficiaries of dormant account monies together. Total amounts received since inception exceed £500m.
RFL appoints an Investment Manager and Custodian to manage its newly established investment portfolio, in line with its investment mandate.
Cumulative distributions to Big Lottery Fund since inception for onward distribution to good causes pass £220m.
RFL relocates to independent offices in Crewe. Total amounts received since inception exceed £850m.
RFL distributes £105m to Big Lottery Fund. Three new participants join the scheme, taking the total number of participants to 15. Total amounts received since inception exceed £980m.
Transfers received from participants since inception exceed £1bn in April. Amounts committed for distribution to good causes since inception exceed £0.5bn.
RFL distributes £153m to Big Lottery Fund. Total amounts received since inception exceed £1.2bn, this being three times as much as the £400m stock of dormant monies identified early in the development stage of the scheme.
RFL welcomes its first participant to the Alternative Scheme, Newcastle Building Society. A distribution of £72m is paid to The National Lottery Community Fund, taking total distributions paid to £587m.