# Charity fundraising harder than five years ago, says report

- Link: https://fundraising.co.uk/2003/02/25/charity-fundraising-harder-five-years-ago-says-report/
- Published: 2003-02-25T00:00:00+00:00
- Author: Howard Lake

A report from JP Margan Fleming Asset Management today reports that 57% of charities
are finding it more difficult to raise funds than they did five years ago.
The report
added that 55% of charities were having to reduce their charitable activities because
stock market falls had reduced their assets. It stated that more than 75% of charities
had experienced a fall in the value of their assets in the year to September 2002:
of these, 36% had lost between 11% and 20%.

James Saunders Watson, head of charities at JP Morgan Fleming Asset Management, 
argued that companies were still not taking advantage of Gift Aid to make donations
to charities.

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