Farewell to CAF Gift Vouchers
Howard Lake | 1 April 2011 | Blogs
Charities Aid Foundation (CAF) is to phase out their CAF Gift Vouchers. These were introduced over ten years ago to enable people to make charitable donations as gifts for family and friends, with the advantage that they were tax-effective.
CAF promoted them as Valentine’s Day and Christmas gifts.
However, following a review which highlighted that sales had declined year on year, down to just 150 orders last year, CAF has decided to end the scheme. “The cost of operating the scheme is disproportionate to the value of funds generated for charities”, said Mandy Pursey, Head of PR at CAF . “We are putting our efforts into creating more modern and tax efficient ways of giving”.
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She added: “Knowing that other organisations provide this service was an important consideration when we decided to end the service”, giving
www.charityvouchers.org and www.GlobalGiving.org/gifts as examples.
www.cafonline.org
- CAF Bank launches MasterCard debit card for charities (14 April 2011)
- CAF Bank extends services to Scottish charities (10 May 2011)
- Charities Aid Foundation creates social investment fund (20 June 2011)
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.