Donor Accounts

You may wish to place funds into a Donor Account, which the UK Fund will administer for you. You can suggest that grants are made from your account to charities outside the UK that you wish to support and the UK Fund will verify their eligibility. The cost of validation will be deducted from the account if the charity is not already an International Programme Member. The grant-making charges will be deducted from each grant made from the Account, as well as any bank charges that may result from bank transfers.  There is currently no interest paid on a Donor Account.

The UK Fund normally allocates the following amounts from the Gift Aid tax reclaimed towards its administrative costs: 20% of donations up to £100; 10% of the next £9,900.00; 1% of the remainder over £10,000.00.  If Gift Aid is not applicable, the amount will be deducted from the gift.

A Donor Account Statement can be provided whenever a gift is made from your account or upon request.  If a Statement is provided upon request the sum of ... will be retained from your account.

If you are a UK taxpayer, the UK Fund will reclaim basic rate tax paid under Gift Aid.  This increases the value of your donation by 25% without costing you anything and, between 6 April 2008 and 5 April 2011, the Government will pay to the charity an additional 3p on every £1 you give, making a total of 28%.  This transitional relief for the charity does not affect your personal tax position. If you are a higher rate taxpayer, you should include all your Gift Aid donations on your Self Assessment tax return if you want to receive the additional tax relief due to you. 

If you have any questions you can contact the UK Fund:

• email info@ukfundforcharities.com
• telephone +44 1342 871910.