Charities Aid Foundation

Last updated

Charities Aid Foundation
TypeRegistered Charity
FoundedUK, 1974 [1]
HeadquartersLondon, UK
Area served
Worldwide
Revenue706,322,000 pound sterling (2020)  OOjs UI icon edit-ltr-progressive.svg
Number of employees
560 (2020)  OOjs UI icon edit-ltr-progressive.svg
Website CAFonline.org

The Charities Aid Foundation (CAF) is a registered UK charity [2] that operates in the United Kingdom, the United States of America and Canada. It works with companies, private philanthropists, regular donors, fellow foundations, governments, charities and not-for-profit enterprises to enable them to give more. Its stated purpose is to “accelerate progress in society towards a fair and sustainable future for all.”

Contents

In late 2021, CAF was listed by the UK Charity Commission as the country’s fourth largest charity by income. [3] It serves as regulatory experts to ensure funds reach charities and social enterprises as quickly and safely as possible via its charity validation which enables effective cross-border giving. CAF also wholly owns CAF Bank, [4] a fully regulated bank that serves more than 14,000 UK-based charities and social enterprises.

CAF claims to be known for its independence, expertise, and international reach, leading an international network of like-minded charitable organisations. CAF Group consists of Charities Aid Foundation and its subsidiaries in the UK including CAF Bank; CAF America; the CAF American Donor Fund and CAF Canada. [5] CAF Group collectively seeks to inspire innovation, share best practice, and improve cross-border giving in support of civil society.

CAF’s head office is located in Kent, southeast of London and the charity has a second UK office in central London at St Bride Street, EC4A 4AD[ citation needed ].

In addition to offices in the UK, America, and Canada, CAF leads an international network of independent philanthropic organisations in several other countries. They include CAF Southern Africa, Good2Give (Australia and New Zealand), BCause (Bulgaria), IDIS (Brazil), and CAF India.

As well as offering a range of services to charities, philanthropists and businesses, CAF also produces leading research into charitable giving. CAF produces the World Giving Index as well as the UK Giving report – the largest multi-year study of giving behaviour in the UK. [6]

History

In 1924, the National Council of Social Service set up a Charities Department to encourage efficient giving to charity. This department was later renamed the Charities Aid Fund while the National Council of Social Service became the National Council for Voluntary Organisations (NCVO). The Charities Aid Foundation took its current name in 1974 when it became a fully independent organisation.

Activities

CAF provides services to charities, businesses and individuals in the UK and abroad, including help with fundraising, [7] consultancy, [8] and loans and grants. [9]

Services to charities

CAF offers banking services through CAF Bank, a wholly-owned subsidiary of CAF that provides banking services to charities and social purpose organisations. The Bank offers transactional current and deposit accounts via telephone and internet banking, and provides lending to customers. In 2021, CAF Bank won Charities’ Bank of the Year at the Charity Times Awards. CAF Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

CAF also owns and operates CAF Donate, an online donation processing platform giving charities the tools to fundraise through the web, mobile devices and Facebook and process donations received by post and phone.

Services to businesses

CAF works with the majority of FTSE100 to enable their corporate giving. Give As You Earn (GAYE) is the most popular payroll giving scheme in the UK, [10] with over £1.3bn given since 1987.

CAF Company Accounts enable companies to give tax effectively and to donate safely to any charitable organisation around the world. CAF also advises on setting up corporate foundations.

Services to individual donors

CAF gives advice on philanthropy and partners with wealth advisers to meet the charitable needs of their clients.

CAF operates a Charity Account scheme, a system which acts like a current account for charitable giving. [11] The account allows account holders to donate to legitimate charities through a personal account, by phone, post, or online, and can be opened with a minimum of £10. Donations are eligible for tax relief under the UK’s Gift Aid rules.

Through the CAF Charitable Trust, CAF provides major donors with advice for their giving plans across the UK and internationally. CAF offers Donor Advised Fund services and legacy services for gifts from wills. In 2020-21, donations and legacies into charitable trusts increased by 26% to £222.9m.

Financial journalist Martin Lewis works with CAF to manage the £10 million he pledged to charity following the sale of MoneySavingExpert.com.

The CAF American Donor Fund (CADF) offers tax-effective philanthropy services for dual UK and US taxpayers. [12]

World Giving Index

Working with pollster Gallup, CAF releases an annual global report of generosity, entitled the World Giving Index, [13] that ranks most countries in the world across three measures: helping a stranger, donating money, and volunteering. CAF has been producing the World Giving Index since 2010.

UK Giving Report

CAF’s research team has produced an annual report into giving behaviour in the UK – the largest study of its kind – since 2004. The UK Giving report is based on data sourced monthly through YouGov and highlights key trends that assist charities, policymakers, and wider society to better understand the UK’s changing giving landscape. [14]

CAF’s UK Giving report is frequently cited by media, including The Guardian [15] and the i.

Giving Tuesday

CAF introduced the Giving Tuesday initiative in the UK in 2013 and led the campaign until 2021. The global day of giving - a global philanthropic initiative - raised a record-breaking US$3 billion in 2021.

Awards & Accreditation

CAF is a member of the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme. [16]

CAF Bank was a finalist in the Best Charity Banking Provider category at the Moneyfacts Group's Business Moneyfacts Awards 2022. CAF Bank was also named Charity Bank of the year at the 2021 Charity Times Awards, and the CAF Bank Customer Service Team were finalists in the Institute of Customer Service's UK Customer Satisfaction Awards. [17]

Related Research Articles

<span class="mw-page-title-main">Donation</span> Gift given by physical or legal persons, typically for charitable purposes and/or to benefit a cause

A donation is a gift for charity, humanitarian aid, or to benefit a cause. A donation may take various forms, including money, alms, services, or goods such as clothing, toys, food, or vehicles. A donation may satisfy medical needs such as blood or organs for transplant.

Car donation is the practice of giving away unwanted automobiles or other vehicles to charitable organizations. In the United States, these donations can provide a tax benefit.

<span class="mw-page-title-main">Fundraising</span> Process of gathering voluntary contributions of money or other resources

Fundraising or fund-raising is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gather money for non-profit organizations, it is sometimes used to refer to the identification and solicitation of investors or other sources of capital for for-profit enterprises.

<span class="mw-page-title-main">Marie Curie (charity)</span> United Kingdom charitable organisation

Marie Curie is a registered charitable organisation in the United Kingdom which provides care and support to people living with a terminal illness and those close to them, and campaigns for better support for dying people. It was established in 1948, the same year as the National Health Service (NHS).

Parkinson's UK is a Parkinson's research and support charity in the United Kingdom. In April 2010, the Parkinson's Disease Society changed its name to become Parkinson's UK. Its aims are to improve the quality of life for people affected by Parkinson's and find a cure for the condition.

Gift Aid is a UK tax incentive that enables tax-effective giving by individuals to charities in the United Kingdom. Gift Aid was introduced in the Finance Act 1990 for donations given after 1 October 1990, but was originally limited to cash gifts of £600 or more. This threshold was successively reduced in April 2000 when the policy was substantially revised and the minimum donation limit removed entirely. A similar policy applies to charitable donations by companies that are subject to the UK corporation tax.

<span class="mw-page-title-main">Interpal</span>

Interpal is the working name for Palestinian Relief and Development Fund, a British charity founded in 1994 that describes itself as a non-political charity to alleviate problems faced by Palestinians, and focused solely on the provision of relief and development aid to the poor and needy Palestinians the world over, but primarily in the Palestinian territories, Lebanon and Jordan.

In the United States, a donor-advised fund is a charitable giving vehicle administered by a public charity created to manage charitable donations on behalf of organizations, families, or individuals. To participate in a donor-advised fund, a donating individual or organization opens an account in the fund and deposits cash, securities, or other financial instruments. They surrender ownership of anything they put in the fund, but retain advisory privileges over how their account is invested, and how it distributes money to charities.

<span class="mw-page-title-main">Terrorism financing</span> Providing financial support to individual terrorists or non-state actors

Terrorism financing is the provision of funds or providing financial support to individual terrorists or non-state actors.

The Big Give is a non-profit, charitable website that enables donors to find and support charity projects in their field of interest. It was founded in October 2007 by Sir Alec Reed CBE. His son James Reed became Chair of Trustees in 2019.

Motability is a charity in the United Kingdom. It oversees Motability Operations Ltd, which runs the Motability Scheme intended to enable disabled people, their families and their carers to lease a new car, scooter or powered wheelchair, using their disability benefit. According to its response to a UK Government inquiry in 2019 into enhancing mobility for handicapped citizens, Motability had over 620,000 customers. According to Citizen's Advice, access to the charity's support to pay for a car is dependent on eligibility relative to mobility conditions in government schemes, including: Disability Living Allowance (DLA), Personal Independence Payment (PIP), Armed Forces Independence Payment (AFIP) or War Pensioners’ Mobility Supplement. Motability's 2019/2020 audit document reported 94% of persons using Motability's scheme to buy a car either have a physical disability or long term health condition. In 2018, the National Audit Office praised the customer satisfaction rates for the service, but criticized the profit and reserve levels the charity held. They also noted criticized its governance and "executive remuneration." A response to a 2019 parliamentary committee to release 343million pounds of its 2.5bn reserve was greeted as a "first step" to making best use of its "vast sums."

The Prince of Wales's Charitable Fund (PWCF) is a charity that seeks to improve communities in the UK and throughout the world through grant giving and occasionally launched activities. It awards approximately £3 million to a range of charitable causes annually and was founded by King Charles III in 1979, and is registered as The Prince of Wales's Charitable Foundation.

Book Aid International is a UK registered charity which provides books and supports libraries in Africa and around the world. Every year the charity sends books to public and community libraries as well as libraries in prisons, refugee camps, hospitals, schools and universities. The charity works in close partnership with libraries and also helps libraries develop their services through its library support projects and programmes. In 2019, an estimated 19 million people read the books which Book Aid International provided. Book Aid International should not be confused with the Book Aid Charitable Trust, a Christian UK charity also serving African and other countries, mainly with second-hand Christian books, which was founded in 1988 before the Ranfurly charity adopted a "Book Aid" name.

Localgiving is a membership network and online fundraising platform dedicated to supporting local charities and community groups in the United Kingdom (UK).

<span class="mw-page-title-main">In Kind Direct</span>

In Kind Direct is a charity in the United Kingdom founded in 1996 by King Charles III. The charity distributes new donated usable consumer goods from manufacturers and retailers to British charities working both domestically and abroad. The Prince of Wales is In Kind Direct's Royal founding patron. Robin Boles was In Kind Direct's CEO from 1996 until her retirement 2019. The role of CEO was taken on by Rosanne Gray in December 2019.

GlobalGiving is 501(c)(3) non-profit organization based in the United States that provides a global crowdfunding platform for grassroots charitable projects. Since 2002, more than 1.6 million donors on GlobalGiving have donated more than $750 million to support more than 33,000 projects in 175 countries.

Pennies is a registered charity in the United Kingdom and Republic of Ireland. Its purpose is to encourage and facilitate charitable giving, and to raise funds for a variety of UK registered charities through micro-donations made by customers at the point of sale.

<span class="mw-page-title-main">Alec Reed</span> British businessman and philanthropist

Sir Alec Edward Reed, CBE, FCMA, FCIPD is the founder of Reed Executive Ltd, one of the UK's largest private businesses. Knighted for services to business and charity in 2011, Reed is a high-profile charity donor and organiser. His various charitable initiatives have given away over £240m, mostly in support of women, addiction, overseas development, education and the arts. Reed has founded seven charities, several companies, two schools and is the author of four business books. His current job title at Reed is Founder at Large. In 2023, The Times newspaper described him as "...the man who revolutionised philanthropy".

iDonate

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References

  1. "Charities Aid Foundation (CAF) - Charity Giving Made Simple".
  2. "Charity overview" . Retrieved 19 February 2016.
  3. "THE CHARITIES AID FOUNDATION - Charity 268369". register-of-charities.charitycommission.gov.uk. Retrieved 4 February 2022.
  4. "CAF Bank Online". secure.cafbank.org. Retrieved 4 February 2022.
  5. "CAF's International Network | Giving safely and with impact worldwide". www.cafonline.org. Retrieved 4 February 2022.
  6. "CAF UK research hub | Charitable giving across the UK". www.cafonline.org. Retrieved 4 February 2022.
  7. "Sorry – the page you are looking for has been removed" via The Guardian.
  8. "Charities Aid Foundation (CAF) - Charity Giving Made Simple".
  9. "Charities Aid Foundation (CAF) - Charity Giving Made Simple".
  10. "Approved agencies for Payroll Giving". GOV.UK. Retrieved 4 February 2022.
  11. "Giving to Charity | Gift Aid | CAF". 1 April 2016. Archived from the original on 1 April 2016. Retrieved 4 February 2022.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  12. "American Donor Fund - US-UK Dual Taxpayer Donations | CAF". www.cafonline.org. Retrieved 4 February 2022.
  13. "World Giving Index 2021| CAF". www.cafonline.org. Retrieved 4 February 2022.
  14. "UK Giving 2021 | Largest charity giving study in the UK | CAF". www.cafonline.org. Retrieved 4 February 2022.
  15. "Britain's top earners giving less to charity while incomes rise". the Guardian. 15 December 2021. Retrieved 4 February 2022.
  16. "About CAF Bank". Charities Aid Foundation. Retrieved 23 March 2018.
  17. "UK Customer Satisfaction Awards". Institute of Customer Service. Retrieved 4 February 2022.