London Marathon donations on Virgin Money Giving reached £14 million
Howard Lake | 26 May 2011 | News
Runners in the 2011 Virgin London Marathon raised nearly £13.88 million using the not-for-profit online fundraising service Virgin Money Giving. This was an increase of 67% over the £8.3 million raised in 2010, the first year of Virgin’s sponsorship of the event.
The totals include Gift Aid: 86% of all donations on virginmoneygiving.com claimed the tax relief, resulting in £2.2 million being added to donations.
The numbers of people donating through the site also increased, up from 214,405 in 2010 to over 350,000 people this year. The average donation however remained almost static at at £31.34. The average amount raised per runner was around £1,436, including Gift Aid.
Older runners seem to enjoy more success at fundraising through the website. Those aged 50 years old and above benefited from higher average donations than those aged between 25-40. 65 year olds obtained the highest average donation, at just under £50, nearly £20 higher than the average donation.
Virginmoneygiving.com has so far achieved 86% uptake of Gift Aid through its service and has raised more than £50 million for good causes since its launch. It has over 3,800 charities registered and 100,000 fundraisers taking part in a range of activities.
www.virginmoneygiving.com
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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.