# CAF distributes record £300 million to charities

- Link: https://fundraising.co.uk/2007/08/06/caf-distributes-record-300-million-charities/
- Published: 2007-08-06T23:00:00+01:00
- Author: Howard Lake

Last year Charities Aid Foundation (CAF) distributed £300 million in tax-efficient
donations to over 30,000 charities, according to its year end results for 2005/2006.
This was a record sum for the charity which provides a range of financial services
and products for charities.
The rise in tax-efficient donations was accompanied 
by a 37% increase in donations via charitable trusts, charities’ bank deposits with
CAF topping £1 billion, and investments in the CAF UK Equitrack Fund passing the
£200 million mark.

According to the report, CAF now works with 80% of the FTSE 100, and last year advised
directly on the distribution of £14.5 million to charities. More than 500,000 employees
across the UK take advantage of CAF’s Give as You Earn service.

During 2005/06 CAF embarked on a number of major new partnerships. ‘Revealing the
Foundations’, the first in a series of research partnerships, looked at the contribution
corporate foundations can and do make to corporate giving and corporate responsibility.
It also launched CaSE Insurance (Charity and Social Enterprise Insurance Management
LLP), a partnership dedicated to providing insurance exclusively for charities and
social enterprises.

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The year also saw CAF’s Charity Financial Services Division became the first charity
to win the Queen’s Award for Innovation.

The results were announced on the same day that John Low took up his duties as the
new Chief Executive of CAF.

 * **[Deposits in CAF account double to £250 million](https://fundraising.co.uk/2007/08/18/deposits-caf-account-double-250-million/)**(
   18 August 2007)
 * **[Deadline for entry to Charities Online Accounts Awards nears](https://fundraising.co.uk/2007/11/02/deadline-entry-charities-online-accounts-awards-nears/)**(
   2 November 2007)
 * **[Renamed Unclaimed Assets fund to be voluntary](https://fundraising.co.uk/2007/11/08/renamed-unclaimed-assets-fund-be-voluntary/)**(
   8 November 2007)