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Company type | Registered Charity |
---|---|
Founded | UK, 1974 [1] |
Headquarters | London, UK |
Area served | Worldwide |
Revenue | 706,322,000 pound sterling (2020) ![]() |
Number of employees | 560 (2020) ![]() |
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.”
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]
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.
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]
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.
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.
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]
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.
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.
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.
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]
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.
David John Sainsbury, Baron Sainsbury of Turville is a British politician, businessman and philanthropist. From 1992 to 1997, he served as chairman of Sainsbury's, the supermarket chain established by his great-grandfather John James Sainsbury in 1869.
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.
Marie Curie is a registered charitable organisation in the United Kingdom which provides hospice care and support for anyone with an illness they are likely to die from, 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).
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Motability is a scheme run by a private company called Motability Operations Ltd, intended to enable disabled people, their families and their carers to lease a new car, scooter or powered wheelchair, using their disability benefit. It is overseen by the charity called the Motability Foundation in the United Kingdom. According to its response to a UK Government inquiry in 2019 into enhancing mobility for disabled citizens, Motability Ltd had over 620,000 customers. In 2022 it made a pre-tax profit of £1.1bn. According to Citizen's Advice, access to the scheme 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 criticised the profit and reserve levels the charity held. They also noted criticised its governance and "executive remuneration." A response to a 2019 parliamentary committee to release £343 million of its £2.5bn reserve was greeted as a "first step" to making best use of its "vast sums."
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King Charles III Charitable Fund (KCCF), formerly known as The Prince of Wales's Charitable Fund, is a United Kingdom-based charity fund. It provides grants to charity organisations in the United Kingdom and internationally. Grantee organisations vary in focus but fall under the umbrella of one of the fund's designated funding themes.
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