StC, a wholly owned subsidiary of Help the Aged (HtA), has 41 employees
whose positions are now subject to a four-week consultation period. It
is expected that a number of them will lose their jobs.
Although responsible for raising around £6 million each year for
UK charities, StC only delivers a modest amount to the HtA and it is believed
that by transferring the organisation over the CAF at the end of year,
a one-stop-shop will be created helping increase the flow of income as
well as making these funds available to more organisations.
Under CAF, future activities will include the promotion of payroll giving,
the collection and distribution of donations, and the management of relationships
with the aim of shortening communication channels between all the parties
involved – including beneficiaries.
Jenny Byers, executive director for donor services at CAF, says: “This
is a tremendous opportunity for payroll giving. By mobilising the combined
reach and expertise of StC and CAF, and by drawing on the Government’s
own commitment to the scheme, we can generate even greater interest in
this valuable form of giving.”