transforming generosity Stewardship giving account giving, made easy

Transcription

1 Stewardship giving account giving, made easy

2 Photo by Esther Havens. property of charity: water charity: water Stewardship recipient Founded in 2006, charity: water is a non-profit organisation bringing clean and safe drinking water to people in developing nations.

3 what is a Stewardship giving account? A giving account works in a similar way to a bank account. You make gifts into your giving account and whenever you want to support a charitable cause, simply request a donation from your account. Whether you re passionate about supporting charities abroad or closer to home, your church, or friends in full-time Christian work, a giving account is the easiest and most tax-effective way to give. You can use your account to request regular charitable donations, give anonymously, or to support family and friends taking part in fundraising events. the numbers:...the year we were established We opened a giving account so that we could track our giving more easily. We also wanted to make it easier to give one-off for causes we don t usually support. Luke and Rebecca Bacon over 25,000 people currently give with Stewardship more than 53 million is distributed to charitable causes from Stewardship accounts every year 19,000+ registered churches, secular and Christian charities and full-time Christian workers supported with Stewardship 10 million is the amount we reclaim in Gift Aid every year over 18,000 Direct Debits are processed by Stewardship each month It is estimated that UK charities are losing up to 700m per year in unclaimed Gift Aid. A giving account ensures that Gift Aid is claimed on all your giving.

4 why use a Stewardship giving account? simple Support as many charitable causes as you wish using just one Direct Debit. easy It only takes a few minutes to set up a giving account online. You can then credit your account and let us know which charitable causes you would like to support in just a few simple steps. Monitoring my giving is very important to me, and I find Stewardship s online system clear and easy to operate. David Trumper convenient You can keep track of your giving by accessing your giving history and balance online.? tax effective Increase your giving by 25%. When you use your giving account, we will automatically claim Gift Aid on your donation, adding 25p to every 1 you give. anonymous You can choose to give with full anonymity when sensitivity or discretion is required. Under Gift Aid, higher and additional rate taxpayers can claim back up to a further 37.5p for each pound donated, which can also be given to charity. A giving account makes it easy to keep a clear record of your giving for your tax return.

5 Image courtesy of Soul Survivor 2009 Soul Survivor Stewardship recipient Since 1993 Soul Survivor has been running events to help people get to know and follow Jesus better.

6 how do I give into my account? how a giving You can make regular or one-off gifts into your account using: Credit/debit card Credit or debit card Direct Debit Cheque You can also fund your account through Payroll Giving, legacy giving or gifts of stocks or shares. Direct Debit Cheque Advice, support and guidance from Stewardship how do I request donations from my account? Donations can be distributed from your account on a regular or one-off basis. online Log in to your secure account to request donations, access your balance and credit your account. telephone You can contact our giving services team to request donations from your account over the phone.

7 account works Church Secular and Christian charities I use Stewardship to organise my church tithe, various child sponsorships and the charities which I regularly support. It makes sense to me to be able to organise my giving online and request one-off donations when I want to. Jacqui Green Christian workers & Bible college students give.net in person Use your giving account vouchers in church offerings, collection boxes or in person at charity events. give.net You can support any fundraising page on give.net directly from your giving account.

8 Image courtesy of The Trussell Trust The Trussell Trust Stewardship recipient Trussell Trust foodbanks provide a minimum of three days emergency food and support to people experiencing crisis in the UK.

9 what does it cost? Typically, just 3% of gifts made into accounts goes to help pay our bills, but we re a charity too, so there are no profits at the end of the year. Anything left goes straight back into supporting our charitable activities. how do I get started? To open a giving account online, visit stewardship.org.uk/give Alternatively, complete the enclosed application form and return it to the address provided or contact us on My wife and I are both junior doctors. Our work location changes regularly, necessitating quite a few house moves. Trying to contact all our charities to give them our change of address used to be a nightmare, but with our giving account, everything s in one place. It s so much easier to organise now. Tom Donaldson

10 things you need to know The giving account is designed to keep things simple so you can spend less time worrying about the fiddly bits. However, there are some important things you need to know, so please take time to read the following: c Legally, gifts made into your giving account become the charitable funds of Stewardship and, as such, cannot be returned to you. Stewardship retains discretion in relation to any donations that you request to be made. c Stewardship may invest funds paid into a giving account and awaiting distribution. Resulting income shall be the general income of Stewardship. c If you intend to make Gift Aid gifts into your account: - You should pay enough tax for any one tax year to cover the amount reclaimed by Stewardship, and any other charity, on your giving. Relevant tax is any income tax (at whatever rate) or capital gains tax. If you cease to be a taxpayer, or have not paid enough tax for any year, you should notify Stewardship immediately. If too much tax is recovered on your giving you will be liable to refund HM Revenue & Customs. - Your gifts should be based on the tax paid by you personally, not that paid by another person (e.g. husband or wife). - You are entitled to cancel your Gift Aid declaration at any time. Simply notify us, preferably in writing. Unless and until you cancel your declaration, we will continue to reclaim tax on all your giving to Stewardship. c If you request a donation for a recipient who is not yet known to Stewardship, we will go through a registration process with them to ensure that making grants to them will represent a charitable use of our funds. This is likely to mean that our first grant for them will take longer to process than any subsequent requests. c The following restrictions apply when requesting donations from your giving account: - You can request donations for a broad range of Christian and secular charitable causes from your giving account. However, we cannot approve requests to support charitable activities if they would oppose, or bring, or could bring Christianity into disrepute. - If large donations for a recipient are proposed we are often obliged to conduct suitable checks in relation to the recipient. This is most likely if they are a private individual (i.e. Christian worker or Bible college student) or an overseas charity/ngo. We regret that this may delay the donation being made and in some cases will mean that we are unable to make the proposed donation. - There are restrictions on requesting donations for the support of Christian workers who are close relatives of you or your spouse ( close relative refers to a child, grandchild, parent, grandparent, brother, sister, or the spouse of any of these). - Stewardship are not able to consider donation requests for a close relative if they are a Bible college student. - Donation requests for Christian workers who are close relatives are subject to Stewardship s normal approvals and can only be used for the individual s ministry expenses and not living costs. For more information, please contact us. - Donations cannot be made for an overseas charity without sufficient verification of its legal existence, charitable and operational activities. - Giving account funds cannot be used to pay membership subscriptions or to buy goods or services from charities. c You should be aware that you must not enter into any arrangements to receive a financial advantage directly or indirectly from the charity when making a tax relieved donation, as HMRC may withdraw the relief if you do. Note: These terms are defined in the Tainted Charity Donations rules in the Finance Act To be read alongside the Terms and Conditions and fee sheet enclosed with this brochure. If you have any queries about the giving account, please give us a call on or send us an to giving@stewardship.org.uk

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12 1 Lamb's Passage, London EC1Y 8AB t e enquiries@stewardship.org.uk w Symbol Credits: Page 4: Approve by Gilad Fried, Tablet by Luis Prado, Wallet by Hakan Yalcin, Person by Antonis Makriyannis. Page 5-6: Present by Alvaro Martinez Flores, Earth by Ben King, Stethoscope by Scott Lewis, Meeting by Marwa Boukarim, Tablet by Matthew Hartwick, Community, Telephone & Computer by The Noun Project. All from thenounproject.com Stewardship is the operating name of Stewardship Services (UKET) Limited, a registered charity in England & Wales no , and a company limited by guarantee, registered in England no Established Registered Office: 1 Lamb's Passage, London EC1Y 8AB GIV/4005/A