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Institute launches Payroll Giving Grants programme

Institute launches Payroll Giving Grants programme

The Institute of Fundraising and Business in the Community have announced the launch of the Payroll Giving Grants programme. The programme is designed to encourage employers with fewer than 500 staff to set up a Payroll Giving scheme by offering a cash incentive of up to £500.

Payroll Giving enables employees to give to charity straight from their gross salary and to get immediate tax relief of up to 40% on each donation. In addition the new grants programme will match the first £10 donated by each employee, every month, for a period of six months.

The Institute of Fundraising will be running a series of one day workshops to help organisations make the most of payroll giving. ‘Making Local Business Your Business’ will demonstrate how the grants programme works and how to use Payroll Giving as the initiator for building relationships with local businesses.

The aim of this programme is to provide sustainable income sources for UK charities by increasing the number of employers and employees engaged in Payroll Giving.

Grants are available to businesses that sign up to Payroll Giving before the end of 2006 and will be backdated to those that have recently signed up (since 06 April 2004).

The programme is a Home-Office funded initiative.

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