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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 4 weeks ago

CRM Database Best Practice Tips

Posted by Redbourn Business Systems on Tuesday, March 27, 2012 Under: Fundraising Database
Don’t ask what your database can do for you – ask what you can do for your database

This is a short micro blog post containing advice on the little things that make a big difference on your Supporter Relationship Management Database. 
  1.  From a strategic point view, establish SMART objectives for your fundraising and communication targets. Specific, Measurable, Achievable, Realistic and Timebound.  Then monitor frequently your objectives on your CRM’s KPI Dashboard:

  2. Keep your records clean and up-to-date by training your team members on appropriate data entry techniques; and don’t forget to back-up your data frequently:

  3. Identify supporters with attractive lifetime donor value. Segment these supporters into groups and approach them for a high-value gift:

  4. Don’t forget to thank your donors:

For more information on CRM Database Training & Consultancy, Data Cleaning & Wealth Intelligence please contact the AdvantageNFP Team here.

In : Fundraising Database 


Tags: fundraising  donor  database  crm  srm  marketing  data cleaning 
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