Charities ”confident about maintaining donation rates”

Posted in News on the August 20th, 2008

Despite the impact of the credit crunch, donations by members of the public to those working for charities are not expected to fall.

In a ThirdSector.co.uk article, a number of charities claimed that although individual contributions are set to remain consistent, there may be a shortfall in legacy income.

Giles Pegram, director of fundraising at the NSPCC, said: "We haven”t seen any effect on our voluntary income.

"Evidence and experience suggest that downturns in the economy don”t have much effect on individual giving."

Meanwhile, Paul Breckell, finance director for the RNID, reported that as house prices continue to fall the organisation has lowered the amount of money it will receive in donations through legacies for 2008.

However, a drop in such fundraising income, he reported, has yet to take place.

Richard Turner, director of fundraising at ActionAid, claimed that during times when incomes fall regular donations are often "one of the last things to go".

Such news might interest those looking to maintain sustainable efficiencies.

In other financial news, James Bevan, investment officer at CCLA, recently advised those in the third sector to avoid investing money into high street bank accounts as doing so may mean they lose out on millions of pounds in revenue each year.

More about sustainable efficiencies.ADNFCR-1923-ID-18742427-ADNFCR

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