Individuals and Families
Charitable giving is an important way for individuals and families to help the community they live in.
If you are new to giving and want to explore the benefits of setting up a charitable fund, then we can help. Community foundations offer the perfect way to give back to your local community, providing the best advice on making the most of your investment locally. Here in Gloucestershire we are working hard to reduce disadvantages by supporting projects across the county, to find out more about Gloucestershire’s story, read the latest report here>>
The benefits of giving
Before you start, you might want to know about the tax benefits of individual giving. Here are some useful external links:
- General information on gifts by individuals – HMRC website
- Making the most of Gift Aid – HMRC website
- Gift of Shares – HMRC website
Gift Aid
Gift Aid means that we can claim the tax back from the donation you have made, as long as you are a UK taxpayer. This means that we get 25p back from the HMRC for every £l that you donate. A Gift Aid Declaration does not involve any complicated procedures. Once executed, the Declaration operates for all future donations to Gloucestershire Community Foundation by that individual.
To discuss your giving strategy please get in touch with
Talitha Nelson, CEO on 07557 478855
Gifts of Shares
Individuals are able to get tax relief for gifts to charity of certain listed shares, securities and other investments when calculating their income for tax purposes. You can get this income tax relief, in addition to the capital gains tax relief on gifts of assets to charity. The tax relief applies if you give, or sell at less than market value, any qualifying investments to a UK charity.
