Less = More for Charitable Donations

 

family foundation

It’s not uncommon for people who support good causes to do so without any expectation of recognition or reward. Private philanthropy is vital to keep our charities afloat. Latest figures for the National Council for Voluntary Organisations (NCVO) and the Charities Aid Foundation (CAF) show that the proportion of the UK population that donated to charity in 2006/07 fell by 3% to 54%.* Charities, it would seem are increasingly reliant on the generosity of a diminishing number of donors.

 

A company that puts social responsibility at the heart of what it does can make a huge difference. Towergate Charitable Foundation together with fund raising by our staff is helping by providing direct financial support to some of the country’s key services. In December 2007 Towergate, together with our staff and clients raised a record £60k for worthy causes, in particular the Hospice movement. During 2007 we raised £563,908 including £115,906 from a range of staff fun activities.

 

Report of Income by source 2007

 

Staff pay roll giving & fund raising in local community:-      £115,906

Donations by Towergate & our clients:-                            £435,027

Gift Aid:-                                                                       £9,228

Total:-                                                                          £563,908

 

How family foundations can play their part in doing good.

 

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