Payroll giving quality awards increase

Fundraising | Celina Ribeiro | 8 Mar 2011

More companies are reaching higher levels of payroll giving, the Institute of Fundraising has indicated as it prepares to award more than 3,600 certificates of excellence to businesses with payroll giving schemes.

The Institute will distribute 3,631 gold, silver and bronze certificates to employers next month – an 8.5 per cent increase on last year’s number and the second year in a row that the volume of such certificates has grown.

The picture of payroll giving is complex, however. The actual number of donors giving via payroll has fallen over the past financial year, the Institute notes, but the total income from this mechanism has increased.

Nevertheless, the news of increasing company commitment will please those within government who see payroll giving as a potential growth area for philanthropy, and the likes of New Philanthropy Capital which also recently cited payroll giving as an area ripe for growth. Payroll giving currently brings in £106m annually to charities.

Lee Grant, tax-effective giving payroll manager at the Institute, applauded the companies which will be recognised with certificates: “It’s great to see so many employers going for gold and actively participating in payroll giving," he said.

Directory: Institute of Fundraising | New Philanthropy Capital

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