# Two thirds of trusts to maintain or increase income, say ACF

- Link: https://fundraising.co.uk/2009/06/08/two-thirds-trusts-maintain-or-increase-income-say-acf/
- Published: 2009-06-08T14:20:29+01:00
- Author: Howard Lake

Two thirds of UK-based trusts and foundations are planning to maintain or increase
their level of grantmaking, according to a survey by the Association of Charitable
Foundations.

 

The survey found that nearly 75% of UK-based trusts and foundations are predicting
steady or rising income levels over the longer term.

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David Emerson, ACF Chief Executive, said: “Trusts and foundations exercise very 
prudent financial controls and plan for the long term, and it is clear that this
has enabled many of them to lessen the impact of the downturn.

 

“Steps taken included reducing reliance on equities prior to the recession, and 
increasing investments overseas – which has led some to report a rise in income 
due to the weaker pound.”

 

Members of the Association of Charitable Foundations manage well over £30 billion
in investments and provide about 10% of the annual income for the voluntary sector.

 

For this year, 36% of ACF members expect to maintain current levels of grantmaking,
with 9% increasing these levels. Fifteen per cent anticipate higher grantmaking 
in 2010, and 38% plan to increase grantmaking over the longer term.

 

However, some respondents did indicate they would make changes to their grantmaking
next year: 44% said they were likely to give fewer grants, 27% believed their grants
will be smaller, and 23% thought that they will be given over shorter periods.

 

www.acf.org.uk

 

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 * **[Video interview with Bernard Ross of The Management Centre](https://fundraising.co.uk/2009/07/13/video-interview-bernard-ross-management-centre/)**(
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