Share

Big Issue Invest appeals to high net worth donors

Big Issue Invest appeals to high net worth donors
News

Big Issue Invest appeals to high net worth donors

Fundraising | Kirsty Weakley | 25 May 2011

Big Issue Invest (BII) has partnered with the Prism Gift Fund to enable high net worth individuals to donate to the Big Issue Social Investment Fund and receive tax relief on that donation.

Financial services provider BII has already raised £7m for the fund through its corporate clients and is hoping to reach a target of £10m.

Prism the Gift Fund manages charitable donations from foundations and high-net-worth individuals, with donations made through them eligible for both gift aid on the donation and the higher rate tax payer relief.

There is a 3-5 per cent fee for donations, while any return on the investment will be administered by Prism in charitable causes agreed by the client.

Prism is holding an event on 14 June with BII chief executive Nigel Kershaw to encourage people to donate to the fund.

The fund will provide investment to social enterprises such as the Fifteen Foundation, Jamie Oliver’s scheme offering restaurant training to young people.

Comments

[Cancel] | Reply to:

Close »

Community Standards

The civilsociety.co.uk community and comments board is intended as a platform for informed and civilised debate.

We hope to encourage a broad range of views, however, there are standards that we expect commentators to uphold. We reserve the right to delete or amend any comments that do not adhere to these standards.

We welcome:

  • Robust but respectful debate
  • Strongly held opinions
  • Intelligent relevant discussion
  • The sharing of relevant experiences
  • New participants

We will not publish:

  • Rude, threatening, offensive, obscene or abusive language, or links to such material
  • Links to commercial organisations or spam postings. The comments board is not an advertising platform
  • The posting of contact details for yourself or others
  • Comments intended for malicious purpose or mindless abuse
  • Comments purporting to be from another person or organisation under false pretences
  • Gratuitous criticism, commentary or self-promotion
  • Any material which breaches copyright or privacy laws, or could be considered libellous
  • The use of the comments board for the pursuit or extension of personal disputes

Be aware:

  • Views expressed on the comments board are left at users’ discretion and are in no way views held or supported by Civil Society Media
  • Comments left by others may not be accurate, do not rely on them as fact
  • You may be misunderstood - sarcasm and humour can easily be taken out of context, try to be clear

Please:

  • Enjoy the opportunity to express your opinion and respect the right of others to express theirs
  • Confine your remarks to issues rather than personalities

Together we can keep our community a polite, respectful and intelligent platform for discussion.

Free eNews

WWF UK’s total income rose seven per cent in 2014 financial year

27 Jan 2015

WWF UK's total income for the year ending June 2014 rose to £62.2m, an increase of £3.8m, or seven per...

Rape crisis centre to close following bullying row

27 Jan 2015

A rape crisis centre in Scotland has decided to close after an employment tribunal ruled that a former...

Over £100m drawn down from Big Society Capital

26 Jan 2015

Cumulative figures from Big Society Capital have shown that since its inception in 2012 £104m has now...

Staff continue to work without pay for six weeks as homelessness charity enters administration

27 Jan 2015

Swansea charity Cyrenians Cymru formally entered administration yesterday as it is revealed that staff...

New four-year NCS programme planned for Northern Ireland

26 Jan 2015

The Northern Ireland government is currently finalising plans to unveil a renewed, four year programme...

Acevo calls for sector to reject NCVO proposal on political affiliation

26 Jan 2015

Sir Stephen Bubb, chief executive of Acevo, has called on the voluntary sector to reject NCVO’s recommendation...

Comparison website for special needs services launched by charity consortium

23 Jan 2015

A coalition of social care charities has launched a TripAdvisor-style website, designed to help families...

CRUK debuts contactless giving through shop windows

21 Jan 2015

Cancer Research UK has announced a collaboration with outdoor media owner Clear Channel to bring contactless...

Charity IT Association will provide free technology advice

15 Jan 2015

Four IT organisations have pooled their resources to launch the Charity IT Association and provide free...

Join the discussion

Twitter button

@CSFundraising