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| GIVING
INCREASES DESPITE NUMBERS OF SUPPORTERS IN DECLINE |
21/08/03 |
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New
research has revealed that donations to the charity sector increased to
a record level of £7.3bn last year.
Despite uncertain economic conditions the amount given during 2002 increased
by £400,000 from £6.9bn the previous year.
However, the figures compiled by the Charities Aid Foundation and the National
Council for Voluntary Organisations show that the actual number of people
donating decreased slightly from 68.5 per cent of the population in 2001
to 67.3% last year.
Indeed, a niche of so-called "elite givers" was found to be responsible
for more than 60 per cent of the total contributions during the year.
"British donors have shown themselves to be a resilient lot, who despite
gloomy forecasts and widespread concerns about consumer finance, have just
kept on giving," explains Stuart Etherington, chief executive of NCVO.
"UK charities already hit hard by declining share prices have been able
to keep on helping the most vulnerable in our society thanks to people's
willingness to make the most of planned and tax efficient methods of supporting
good causes."
The research also highlighted that despite generally earning less, women
gave on average over £1 per month more than men.
Around 15 per cent of total donations now come from direct debit or standing
order schemes - the growth of which is underlined by the report as one of
the reasons for the continued increase in donations.
For more on this research, see the latest issue of
Charity Times, out September 1.
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