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What Are Aggregated Gift Aid Donations?

You can ‘aggregate’ (add together) donations of £20 or less from assorted donors and present them as a single monetary income item. The total donation on one line cannot be higher than £1,000. (You will need to keep evidence of the individual donations and that they are gift aid applicable).

To claim Gift Aid on aggregated donations, you don’t enter the name and address details of individual donors as this will delay your repayment claim, you can just enter a straightforward description like ‘Wednesday club donors’, the date of the last donation and the total amount raised. This saves valuable time in the data input process without losing any Gift Aid income.

AdvantageNFP Fundraiser users can now combine batches of income, such as donations, that are valid for the claiming of Gift Aid into a single monetary income item, which can subsequently be included in the next Gift Aid online claim.

To read the HMRC rules around Aggregated Gift Aid claims please take a look at the following page on their website, specifically the “Aggregated Claim” section at the end of chapter 6.6: https://www.gov.uk/government/publications/charities-detailed-guidance-notes/chapter-6-claims-and-returns

This indicates that only donations up to the value of a maximum threshold (currently £20.00) can be included in an aggregated donation and that you should keep an audit trail linking the aggregated donation input in AdvantageNFP Fundraiser to the paperwork proving that all donors in the aggregated donation provided Gift Aid Declarations and that each donation was no more than the maximum threshold.

The maximum total amount of a single aggregated donation that can be input into AdvantageNFP Fundraiser is set at £1000 per tax year.

This could also be particularly useful now GDPR has come into force, in that some new donors may indicate that they do not wish to be contacted yet provide a Gift Aid declaration. In this instance you could decide to combine that donation with any other such supporter donations in AdvantageNFP Fundraiser and not create such supporters as new parties within the database.

Posted 12 weeks ago

Claim Your Gannett Grant Today!

Posted by Redbourn Business Systems on Friday, August 24, 2012 Under: Grants

Reading my local paper last week I came across an article titled, ‘Could you use a Gannett grant?  Which made me think, how can I use this to help our customers locally?  So I did a bit of research to find out more.  It turns out it is not just available to my local area, but is nationwide!

The Gannett Foundation is the charitable arm of Gannett Co, Inc. owner of Newsquest Media group, who publish regional newspapers, websites & magazines.  The Gannett Foundation provides funding to support local projects and organisations in areas where Newsquest operates throughout the UK and over the past 10 years have made grants in the UK totalling more than £4m.

The Gannett Foundation supports projects which take a creative approach to fundamental issues such as education and neighbourhood improvements, economic development, youth development, local problem solving, assistance to disadvantaged or disabled people, environmental conservation and cultural enrichment.

The Gannett Foundation value projects that bring lasting benefits to communities served by Newsquest newspapers.  While preference may be given to ideas which create a durable legacy for the community, they will consider single events or projects of limited duration that otherwise meets their criteria.  Usually their grants are made for substantial projects which require and merit awards of between £5,000 and £10,000.

To find out if your not for profit organisation or charity are eligible to apply for a Gannett Grant, firstly, visit Newsquest’s website to see whether they operate in your area, then check you fulfil their criteria.  If you meet all the appropriate criteria, then download the application form and get applying today!  Hurry, don’t miss out the closing date is 7th September 2012.

If you would like any further information or assistance regarding the Gannett Grant scheme, please contact the Marketing Team.

In : Grants 


Tags: "grant" "the gannett foundation" "newsquest media" "not for profit" "charity" 
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