Are you interested in giving to charity? Are there social or environmental issues that you or your family would like to help address? Are you looking for an efficient way to manage your charitable donations?

There's a smart and easy way for ÃÛ¶¹ÊÓƵ UK clients to give to charity – through the ÃÛ¶¹ÊÓƵ UK Donor-Advised Foundation (DAF). It's a UK charity that enables you to establish an account under its umbrella. This allows you to recommend grants to UK-registered and exempt charities, such as universities. The ÃÛ¶¹ÊÓƵ UK DAF offers an excellent, cost-effective, and simple alternative to setting up your own private charitable foundation or grant-giving charity.

What is a Donor-Advised Foundation?

A DAF, or donor-advised foundation, is an increasingly popular alternative to setting up a charitable foundation, avoiding the administrative and financial burden that is normally involved with this kind of vehicle.

A DAF is a unique giving vehicle that allows donors to make charitable contributions, claim tax relief and Gift Aid (where eligible), and recommend donations when they are ready to do so. It provides a simple, cost-effective and flexible way to donate to your chosen charities.Ìý

Why choose a ÃÛ¶¹ÊÓƵ UK Donor-Advised Foundation

ÃÛ¶¹ÊÓƵ brings extensive experience and expertise in philanthropy and wealth management, and has been recognized as a leader in global philanthropy services.1

Whatever your philanthropic objectives, we can help you manage and achieve your charitable contribution goals in a simple and effective way through the ÃÛ¶¹ÊÓƵ UK Donor-Advised Foundation (DAF).

How our Donor-Advised Foundation works

The ÃÛ¶¹ÊÓƵ UK Donor-Advised Foundation offers a truly flexible way to make charitable donations to your favourite causes. Whether you want to give money now or let it grow to give away later, you can manage an account with the ÃÛ¶¹ÊÓƵ UK DAF easily and effectively.

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1. Setting it up

Any ÃÛ¶¹ÊÓƵ Wealth Management client who is a UK resident and domicile taxpayer can open an account with the ÃÛ¶¹ÊÓƵ UK Donor-Advised Foundation.

2. Making your donation

As a client, you can make charitable contributions to an account with the ÃÛ¶¹ÊÓƵ UK DAF at any time, without any minimum or maximum limits imposed. For new clients, a minimum deposit is required to open a ÃÛ¶¹ÊÓƵ account.

3. Reclaiming tax reliefs

There are various tax benefits for UK resident taxpayers. When gifting cash, donors can apply Gift Aid, increasing their donation by 25% at no extra cost, and benefit from income tax relief of up to 25%.Ìý

Gift Aid is applied when cash is contributed to the DAF account, and donors can backdate Gift Aid declarations up to four years. Once assets are in the DAF, they are under the legal ownership of the DAF, and there is no further tax treatment for the donor.

4. Grant making

All grants must be made to UK-registered or exempt charities and are subject to approval by the trustees in accordance with charity commission rules.Ìý

Investment and grant decisions for assets donated to the DAF can be recommended by the donor within broad parameters. Ownership and ultimate control rest with trustees, who make independent decisions in the best interests of the charity.Ìý

You can make grant recommendations at your discretion and determine the amount you wish to donate at any time. Options include making regular payments, allocating income generated from your portfolio, or contributing lump sums to an account with the ÃÛ¶¹ÊÓƵ UK DAF.Ìý

Benefits of establishing a Donor-Advised Foundation with ÃÛ¶¹ÊÓƵ UK

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Simplicity and flexibility

We handle all the administration at no cost to you. You can choose the charities you want to support with grants of any size, as often as you wish.

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Anonymity

We protect your privacy with the option to make grants to charities anonymously.

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Charity tax relief

We'll add to your ÃÛ¶¹ÊÓƵ DAF any tax we can reclaim on your charitable donations.

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Family oriented

During your lifetime nominated family members can run your DAF and make charitable donations from it. If you wish, any residuals assets upon your passing can also be determined by a nominated members.Ìý

Learn more about the Donor-Advised Foundation in our video

Please watch our video, where Tom Hall,ÌýCEO ÃÛ¶¹ÊÓƵ Optimus Foundation & Head of Social Impact & Philanthropy explains more about the benefits of charitable giving through our ÃÛ¶¹ÊÓƵ UK Donor-Advised Foundation.

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1See:Ìý/global/en/wealth-management/about-us/awards.html

  1. ÃÛ¶¹ÊÓƵ does not give tax, legal or accounting advice. You should consult your independent tax/legal advisers and accountant for specific advice based on your specific circumstances before entering into, refraining from entering into or exiting any investment, product, structure or planning.Ìý
  2. Investment management fees will apply to assets under management.Ìý
  3. Donations to overseas charities can also be supported by arrangement with an external provider.Ìý
  4. The price and value of investments and income derived from them can go down as well as up. Capital held in this account is therefore at risk.

ÃÛ¶¹ÊÓƵ UK Donor-Advised Foundation. A UK Registered Charity.Ìý Charity number: 1153551

 

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