# Sharing the Caring to merge with CAF

- Link: https://fundraising.co.uk/2004/11/10/sharing-caring-merge-caf/
- Published: 2004-11-10T00:00:00+00:00
- Author: Howard Lake

**Payroll giving agency Sharing the Caring is to merge with the Charities Aid Foundation(
CAF) by the end of 2004.**

Sharing the Caring is a wholly owned subsidiary of Help the Aged, and one of the
UK’s leading promoters of payroll giving to employees. CAF is the UK’s leading provider
of agency services through its Give As You Earn scheme. The merger will therefore
enable CAF to offer complete payroll giving services covering promotion of payroll
giving, collection and distribution of donations, and complete end-to-end relationship
management for companies and charities.

CAF also claim that, by shortening communication channels between all parties it
will result in more efficient and cost effective processing.

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Total payroll giving in the UK has grown from £37 million in 1999/2000 to around
£91 million in 2003/04. However, their remains considerable potential for increasing
this total.

Sharing the Caring is responsible for

raising around £6 million each year for over 100 UK registered charities. CAF currently
channels £60 million per annum in

payroll donations to thousands of charities.

Jenny Byers, Executive Director, Donor Services for CAF, said: “This is a tremendous
opportunity for payroll giving. By mobilising the combined reach and expertise of
Sharing the Caring and CAF, and by drawing on the Government’s own commitment to
the scheme, we can generate even greater

interest in this valuable form of giving.”

Michael Lake, Director General for Help the Aged, explained that Sharing the Caring
is not a core activity for Help the Aged because it provides a payroll giving

service to the charity sector as a whole, and has only ever delivered “a very modest
margin ” to the charity. He said: “Sharing the

Caring has been a great success for Help the Aged and I am proud of its many

achievements. I am pleased that we have been able through this merger to pass the
baton on to CAF, whose sole goal is to capitalise on the enormous future potential
for payroll giving for the benefit of the charity

sector”.

The merger is “not a financial transaction” so CAF will not make a payment for Sharing
the Caring. It is likely to lead to the loss of “a very small number” of the 41 
staff at Sharing the Caring’s office in Canterbury.

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