Two thirds of charities' trust income comes from 1% of trusts
Howard Lake | 18 April 2003 | News
Charities are depending on a tiny number of trusts for the majority of their grant income, according to new research from Bill Bruty of trust fundraising company Fundraising Training.
Looking at trust income for 13 charities over nine years, Bruty found that 67 trusts, or 0.8% of all UK trusts, contributed £15 million of the charities’ total trust income for £23 million. He commented that the findings should help charities plan and budget ahead. They should also not expect small trusts giving under £5,000 a year to upgrade and give more than that.
Read “Less than one per cent of trusts provide three quarters of income” at Professional Fundraising.
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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.