Fundraising and Donations

UNDER CONSTRUCTION

The Dorset Kidney Fund welcomes all donations it receives, but in order to give an extra boost to the Fund through the tax system, we ask you to consider taking advantage of the current regulations on tax effective donations. In the April 6th 2000 Budget the rules governing charitable contributions changed making it simpler than ever to give to charity.

The various options are outlined below and we can give more details if required.

The Dorset Kidney Fund now has a fund raising page on the Just Giving online donation website at http://www.justgiving.com

Anyone embarking on a fund raising event such as a marathon, a sponsored walk, sponsored bike ride, in memory of someone or even a sponsored haircut etc. can create their own fund-raising page on the Just Giving website, providing details of what they are doing, their target amount and their own personal interest if they wish.

Tools and examples are provided by Just Giving to help set up the page.

To start setting up your sponsorship page, please click on the link below:

http://www.justgiving.com/dkf

Just Giving also have a facility to allow individuals to make one-time or regular donations which are not linked to any specific event. Just Giving also manage Gift Aid (see below) on behalf of the donor and the Kidney Fund reducing the effort for both.

To use Just Giving to make an online donation to the Kidney Fund, please click on the link above.

Gift Aid

In the 2000 budget the Chancellor abolished the minimum donation limit under Gift Aid. In order to qualify for Gift Aid you must make a written or oral declaration to the charity so it can reclaim basic rate tax from the Inland Revenue on your gift. For further background information on Gift Aid click on the following link:

If you are a higher rate tax payer, you are entitled to recover the difference between the basic rate and higher rate from the Government. You must do this through your tax return. Before the introduction of Gift Aid, deeds of Covenant were the traditional way to donate to charities. Since April 2000 there is no longer a separate tax relief for payments made under a deed of covenant as all tax relief for such payments is now under the Gift Aid scheme. Payments made under a deed of covenant executed on or after 6 April 2000 must be covered by a Gift Aid declaration.

To view and print the Gift Aid donation form please click here (this link doesn't yet function)

If you are seeking sponsorship for your participation in an event e.g. The London Marathon, a sponsored walk or cycle ride, individual sponsors can indicate if they would like the Dorset Kidney Fund to recover additional amounts though the Gift Aid scheme. To avail of this opportunity to increase the value of donations please use the Gift Aid Sponsorship form. Click here to view and print a copy of the form: (link to be added)

Charity Card Account

The Charity Aid Foundation operates a Charity Card Account, which you can open if you agree to pay a minimum of £10.00 from your earnings each month. You will then receive a charity chequebook and a charity card to make charity donations whenever you wish. You can place cheques in collecting tins or use your card to make secure donations on line. The drawback to this account is that no interest is earned on the account and that you will also be charged for its use.

Payroll Giving

Payroll giving provides tax relief at source for those who give to charity through direct deductions from their pay. The Government has guaranteed to add 10 % to every gift made this way until 2003.

Gifts to charity are deducted from earnings before they are taxed, so the employee gets relief at his highest rate of tax. This means that if you wanted to give £100.00 from your gross salary and are a basic rate tax payer, paying tax at 22%, it will only cost you £78.00 to make the donation. If you are a higher rate tax payer and pay tax at 40%, it will only cost you £60.00, which is £100.00 minus the 40% tax, to make the donation. However, the charity will receive £110.00 after the Government has added the extra 10%.

There are no limits on the amounts that can be given in this way but you can only make use of payroll giving if your employer subscribes to the scheme. Employers are not obliged to have payroll-giving schemes in place, but they are easy to set up.

Giving Shares

If you donate shares to charity your gift is exempt from capital gains tax and you can also reduce your taxable income if the gift is quoted in shares. Many people retain modest share holdings because they cannot be sold cost-effectively as stockbroker’s commission would absorb most or all of the proceeds. Sharegift is a charity which accepts donations in the form of shares. It was founded by Vicountess MackIntosh of Halifax and Matthew Orr of Stockbrokers Killik in 1996.

If you want to donate your shares, send you share certificates to Sharegift with you name and address . Sharegift will then send you a form to transfer the to the Orr MackIntosh Foundation. When the charity has collected enough shares in a company to make it cost effective to sell them, it will distribute the proceeds. The address is Orr MackIntosh Foundation, 24 Grosvenor Gardens, London SW1 0DH Tel 0207 337 0501.