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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

Top Tips on Applying for Funding

Posted by Redbourn Business Systems on Friday, August 10, 2012 Under: Funding


1.  Don’t be frightened to get in touch with the funder

If you have a query regarding your funding application, you can contact the funder to discuss your concerns and application. Most funders expect this contact and often have outreach workers who will help you with the application process.

2.  Be precise

Ensure you have answered all the basic the questions: Who? Where? When? Why? What? and How? you intend to accomplish your project. You must make certain the funder understands exactly how their money will be used.

3.  Avoid long justifications

Use bullet points and short factual content, rather than lengthy paragraphs.  This makes it easier to read and digest, keeping it brief and to the point.  Start by jotting down all the details and then edit to the minimum content.

4.  Research

Make sure you check what projects the grant is likely to fund. Use resources such as GRANTnet a straightforward FREE-to-use service from GRANTfinder, can help charities and not of profit organisations like yours to find suitable funding.

Read the application criteria and guidelines, check the funder’s website to see what past projects they have funded.

5.  Be aware of your surroundings

Are there other local organisations that run similar projects? Could you build partnerships with them? What resources are available to you? You will need to support any details included in your application. 

6.  Have a defined budget

Include a clear and well written budget that breaks down the costs of your projects. This will help funders comprehend how the numbers stack up and reach the total amount. Ensure to put the time in to get quotations for how much the products and services you require cost rather than ‘guestimating’.

7.  Is your application consistent?

Check your budget accounts for the whole project proposal. Are your proposed outcomes achievable considering the proposed activities, timescale and budget?

8.  Always ask somebody else to read through your application

Things that seem obvious to you may appear unclear to others. Asking somebody else to read through and double check your application makes sense, will mean your application is more likely to be accepted.

9.  Enclose any supporting documents

Be sure to enclose any supporting documents, these may include your constitution, Accounts, bank statements, Annual Report and any relevant policies (eg Health & Safety Policy).

10.  Successful application

Present a clear and accurate monitoring report prior to the specified deadline. This will increase their confidence in you and more significantly your odds for additional funding.

 For more information on submitting a successful funding application contact marketing on 01582 794 229 or by email AdvantageNFP

In : Funding 


Tags: "funding" "application" "grant" 
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