# CAF distributed record amount of over £1bn last year

- Link: https://fundraising.co.uk/2023/08/04/caf-distributed-record-amount-of-over-1bn-last-year/
- Published: 2023-08-04T09:00:00+01:00
- Author: Melanie May

**Donations from private and corporate clients in the UK, US and Canada enabled 
CAF to distribute more than £1 billion to good causes for the first time last year,
according to its Trustees Report for 2022/23.**

The Trustees Report for 2022/23 reveals how Charities Aid Foundation helped hundreds
of thousands of charities to build their resilience in tough economic times.

Giving and Impact Services in the UK distributed £520 million to charities, and 
CAF America granted out £490 million, up from £319 million the previous year. International
donations were facilitated from the UK and North America to charities in 119 countries
in 2022/23, including those meeting urgent humanitarian need around the world.

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In the UK, CAF Bank increased lending by £44 million and has now committed £229 
million in loans and advances to charities in 2022/23, increasing from £185 million
the previous year.

Neil Heslop OBE, Chief Executive of the Charities Aid Foundation, said:

> “Despite a challenging backdrop of entrenched financial pressure, what was achieved
> in the past year is uplifting. Thanks to the compassion and generosity of our 
> donors, and the dedication of our staff, we distributed £1 billion to charities
> for the first time.
>  
> “It has been a difficult year for many of the organisations we exist to serve.
> In the UK, charities are stretched by the cost-of-living crisis, adjusting to 
> stubbornly high inflation, while more people and communities than ever need their
> services. Overseas, charities have had to meet the significant humanitarian demands
> from the conflict in Ukraine, devastating earthquakes in Turkey and Syria, and
> flooding in Pakistan.
>  
> “Last year, our organisation played a vital role in bringing donors together with
> charities. In the years ahead, we are determined to further grow our philanthropic
> impact to accelerate social progress towards a fair and sustainable future for
> all.”

 * **[Donors gave estimated £13.9bn last year – but fewer people giving](https://fundraising.co.uk/2024/03/25/donors-gave-estimated-13-9bn-last-year-but-fewer-people-giving/)**(
   25 March 2024)
 * **[Record £1.132bn distributed to good causes by CAF in last financial year](https://fundraising.co.uk/2024/09/04/record-1-132bn-distributed-to-good-causes-by-caf-in-last-financial-year/)**(
   4 September 2024)
 * **[Demand for services has risen ‘a lot’ for more than half of charities in past year](https://fundraising.co.uk/2024/10/15/demand-for-services-has-risen-a-lot-for-more-than-half-of-charities-in-past-year/)**(
   15 October 2024)

## Comments

### By: HowardLake

- Link: https://fundraising.co.uk/2023/08/04/caf-distributed-record-amount-of-over-1bn-last-year/#comment-4523
- Published: 2023-08-07T05:04:51+01:00

Shortly after this positive announcement, the FT reported (paywall link) that

UK charity lender amasses steep paper losses on bond portfolio
 [https://www.ft.com/content/28309e06-1d6a-4db8-afc6-03fcdc5de79f?shareType=nongift](https://www.ft.com/content/28309e06-1d6a-4db8-afc6-03fcdc5de79f?shareType=nongift)