Government cool on philanthropic tax incentives

18 February 2011

Greetings!

Are you an optimist or a pessimist? Research released this week found that giving as a percentage of household income hasn't risen in the past 30 years - although, this also means it hasn't dropped during recessions. Let's look on the positive side, because with the government "managing expectations" on tax incentives and the Transition Fund, it's time for a bit of good news.

Government cool on philanthropic tax incentives

Any optimism among charities that the government might reform the tax system to encourage philanthropy from higher-rate taxpayers has been significantly dampened by both a peer and a Cabinet Office representative speaking of government reticence to implement change.

Government looks to 'top up' Transition Fund

Minister for civil society Nick Hurd has confirmed that the government is considering "topping up" the Transition Fund but warned that there are "limited means available".

Household giving 'recession proof', research claims

Neither recessions nor times of great, widespread prosperity have managed to alter the amount of household spending allocated to charity.

PFRA agrees face-to-face management agreement for Manchester

Manchester has become the 40th city to implement a face-to-face management agreement with the PFRA, seeing street fundraising limited to four areas of the city centre, three days a week.

Online giving rises by 35 per cent in the US

Donors in the US are getting more comfortable giving via the internet according to new research which shows a 34.5 per cent spike in online giving in that market last year.

Fundraisers struggle to collect every pledge

Charities' volunteer fundraisers are losing on average £25 each in uncollected donations at every fundraising event they complete, according to new research.

Maude announces civil service volunteering drive

Civil servants have pledged 30,000 volunteering days a year as part of a new initiative which will provide charities with the opportunity to ask for volunteering help when necessary.

In other news...

Big Lottery Fund awards £3.5m to Big Lunch

The Big Lottery Fund has granted £3.5m to run community networking project The Big Lunch for the next three years.

Opposition to foundation payout proposal gets heated

The government's proposal to require trusts and foundations to make a minimum annual payout is unnecessary and could stifle philanthropy, a Cabinet Office representative has been told.

Osborne says BIG will help with capacity building for Big Society Bank

Chancellor of the Exchequer George Osborne has revealed that the government is working with the Big Lottery Fund on arrangements for initial market testing and capacity building investments prior to the capitalisation of the Big Society Bank.

BT to donate 1p per call to Comic Relief

The Big Lottery Fund has granted £3.5m to run community networking project The Big Lunch for the next three years.

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