16 Jun

Planned giving continues to grow, says Charities Aid Foundation

first_imgRegular, planned giving to charity is growing healthily, according to new figures from Charities Aid Foundation (CAF).On the day of its annual charities conference , CAF reports that donations through payroll giving rose from £86 million in 2002/03 to £91 million in 2003/04. With around 60% of the UK’s 250 FTSE companies operating a payroll giving scheme, about 5 millionemployees now have access to this form of giving.Of course, payroll giving received a valuable boost from the government between 2000 and 2004 when all donations through the scheme were given a 10% top up. Nevertheless other forms of planned, tax-efficient giving have also seen significant increases. Advertisement Planned giving continues to grow, says Charities Aid Foundation  27 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Gift Aid has seen strong growth: between 2002/03 and 2003/04, Gift Aid donations rose to £2.7 billion, an increase in real terms of 12%. Over £580 million of this represented tax reclaimed from the Inland Revenue. In addition, higher rate taxpayers, who can reclaim 18% tax on their donation for themselves, received £310 million in tax relief during 2003/04.CAF’s Chief Executive, Stephen Ainger, said: “We’re beginning to see the beneficialresult of charities investing in systems for Gift Aid. The added value to charities of gifts which are made through regular, tax-efficient methods cannot be overstated.” Howard Lake | 11 November 2004 | Newscenter_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Research / statistics About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img

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