# CAFAmerica Receipts Jumped 82 Percent In 2004-05

- Link: https://fundraising.co.uk/2005/06/30/cafamerica-receipts-jumped-82-percent-200405/
- Published: 2005-06-30T16:47:48+01:00
- Author: Howard Lake

More U.S. Donors Using CAFAmerica to Support Charities Overseas

UK / European News Highlights

In the past year

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• 789 grants totalling more than $7.8 million were channelled to UK charities through
CAFAmerica

• 79 grants totalling $1.9 million were channelled to charities in the European 
Union

• There are now 951 eligible UK charities and 79 eligible EU charities

ALEXANDRIA, VA – In an indication of growing interest in borderless charitable giving
by U.S. donors, CAFAmerica announced today that its charitable contribution receipts
in 2004-05 increased by 82 percent over the previous year.

“We are seeing both increased interest in international philanthropy on the part
of U.S. donors, as well as an increased confidence in CAFAmerica as a vehicle for
safe, easy, and effective giving overseas,” said Susan Saxon-Harrold, executive 
director of CAFAmerica.

CAFAmerica’s receipts for the 2004-05 fiscal year totalled $15.8 million, up from
$8.7 million in 2003-04. The number of individual grants to CAFAmerica grew from
777 to 902. The number of active donor advised fund (DAF) accounts – including individual
and corporate DAFs-rose from 15 to 27.

“Donors clearly are becoming more sophisticated and more strategic in their international
giving,” said Saxon-Harrold, noting the increased use of DAFs. “People are eager
to take advantage of tax-efficient vehicles for international giving at the same
time that they are seeking help with due diligence in today’s uncertain regulatory
environment.”

CAFAmerica made grants to 1,474 charities in 43 countries during 2004-05. CAFAmerica
grantees were working on every continent to address urgent local issues, from education
and health to human rights and environmental protection.

In addition, CAFAmerica made $331,000 in grants to charities working on recovery
and reconstruction efforts in the aftermath of the December 2004 tsunami in the 
Indian Ocean. Among the charities supported by CAFAmerica was the Krabi Relief Fund
in Thailand, which helped local residents rebuild and relaunch 51 boats that had
been damaged in the tsunami.

ENDS

UK Media contact: Fiona Fountain 01892 544035 / 07887 997 220

**Editors Notes**

• Founded in 1992, CAFAmerica is a 501(c)(3) U.S. nonprofit organization dedicated
to expanding borderless charitable giving among donors in the United States. We 
work to change the culture of giving by making international philanthropy safe, 
easy, and effective for U.S. donors.

• CAFAmerica is an independent organization within the CAF International Network,
which spans five continents and provides a range of financial services, handling
more than $3 billion a year for donors and charities throughout the world.

 * **[CAF announces new events and publications to promote charitable giving](https://fundraising.co.uk/2005/12/14/caf-announces-new-events-and-publications-promote-charitable-giving/)**(
   14 December 2005)
 * **[Deadline approaches for CAF's Annual Companies and Communities Awards](https://fundraising.co.uk/2006/09/19/deadline-approaches-caf039s-annual-companies-and-communities-awards-0/)**(
   19 September 2006)
 * **[New Finance Director at Charities Aid Foundation](https://fundraising.co.uk/2008/02/26/new-finance-director-charities-aid-foundation/)**(
   26 February 2008)
