Charities Aid Foundation reveals extent of giving boom amid pandemic

The Covid-19 pandemic prompted a 43% rise in donations to good causes by businesses and philanthropists, according to latest figures.

The Charities Aid Foundation’s annual Trustees Report for 2020/21 reveals there was a £300m uplift in donations, taking the total of funding to over £1bn.

More than £100m of the funding was generated through a partnership between CAF, the UK insurance industry’s Covid-19 Support Fund and the Department for Digital, Culture, Media and Sport’s Community Match Challenge.

In addition, the charity and social enterprise specialist CAF Bank committed £164.7m worth of loans.

Meanwhile, Venturesome, CAF’s social investment arm supported 117 organisations with £5.6m in loans and 15 more with £663,000 grants via blended finance packages.

“The Charities Aid Foundation exists to accelerate progress in society towards a fair and sustainable future for all,” said CAF chief executive Neil Heslop.

“This remarkable year of generosity, with more than £1 billion donated into our care, demonstrates that the philanthropists and businesses that we partner with share this ambition.

“Together, we enable charities to do more life-changing work with lasting benefits and true impact where it matters most. We collaborate across sectors and borders, with governments and fellow funders seeking innovation so civil society may thrive.

“The donors we are privileged to work with have been inspired by charities’ remarkable response to the pandemic in communities everywhere. Those charities have been the frontline heroes in this pandemic, and many have survived and thrived because of CAF’s partners. We are immensely grateful to have played our part during this difficult time.”

    Share Story:

Recent Stories

How to elevate your non-profit storytelling with data and performance metrics.
Sage Intacct the non-profit financial management platform, takes a look at giving trends and insights.

What has the pandemic taught us about the public’s perception of charities?
In this episode of the Charity Times Leadership podcast, we take a look at what the pandemic has taught us about the public’s perception of charities. Charity fundraising platform, Enthuse, recently released its quarterly donor research study, which highlighted significant shifts in donor behaviour throughout the duration of the pandemic. Not only does the report highlight an overarching sense of positivity towards the sector, but a propensity for younger generations to give more generously, too. Lauren Weymouth is joined by Enthuse CEO, Chester Mojay-Sinclare to discuss more.

The importance of the ‘S’ in ‘ESG’
In this episode, Lauren Weymouth is joined by Ketan Patel, equities fund manager at EdenTree, to delve into the issue of social investment and why that all-important ‘S’ in ESG is more relevant now than ever before. The social element of ESG often gets forgotten when thinking about investing in more ethical and sustainable ways. But, after a challenging year for all areas of society, social injustice has been highlighted, and there’s a much greater need for charities to put people at the heart of their investment decisions.