Some of least affluent areas in the country are the most generous, according to CAF’s new research Against the backdrop of household financial pressures, the public generously supported charities across the UK, donating an estimated £13.9 billion to charity last year. This increased from £12.7 billion given in 2022, according to the Charities Aid Foundation’s (CAF) 20th annual UK Giving Report. The £1.2 billion increase in the overall amount donated to charity was driven by some people giving larger amounts, rather than by more people giving to charity. These larger…
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Donors encouraged to declare donations in tax return to help charities as Gift Aid still underused
New research from the Charities Aid Foundation (CAF) shows just over half (54%) of donors said they claimed Gift Aid when they gave money to charity last year. Although the number of donors using Gift Aid has risen slightly over the past few years, it is still underused by many who pay income tax. Charities currently miss out on £500 million in Gift Aid which is unclaimed every year. The scheme means registered charities can reclaim income tax on a donation made by a UK taxpayer, effectively increasing the amount…
Read MoreNew research on challenges faced by charity trustees
Charities Aid Foundation and chartered accountancy body ICAEW have partnered to publish research on the challenges facing charity trustees. The researchers interviewed trustees from local, national and international charities, including faith-based, educational, humanitarian, health, animal welfare, and women’s organisations. The report outlines six key challenges for trustees: 1. Financial resilience – Diversifying funding is key.2. Working together – Trustees can affect the collaboration within charities.3. Diversity – Achieving diversity in all forms remains a challenge.4. Support and training – Trustees need more coherent and centralised support.5. Digital – Charities are…
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