Fundraising News: Share of wills with charity bequests is back at 15 per cent

The percentage of wills containing at least one charitable bequest has recovered from a low of 10 per cent in 2002 to 15 per cent now, according to a Charity Monitor survey. The last time the figure was this high was in 1997.

The figure means that 4.3 per cent of UK adults are making charity bequests, said the charity data service.

Will-making among UK adults has risen to an unprecedented 38.5 per cent, up 3.5 percent on a year ago, with new wills coming particularly from men and people aged 35 to 54.

Charity Monitor founder Andrew Papworth said: "Even allowing for the possibility of sampling variation and a freak result, this looks very promising. The projected numbers are quite mind-boggling in terms of a growing market for fundraisers to aim at."

But a Grant Thornton survey of 170 charities with income of £1m or more, showed legacies are worth 4.46 per cent of total income, down from 5.14 per cent in 2002.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Already registered?
Sign in

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus
Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +

Latest Jobs

RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners


Expert Hub

Insurance advice from Markel

Guide: What insurance does your charity need?

Guide: What insurance does your charity need?

Partner Content: Presented By Markel

Third Sector Logo

Get our bulletins. Read more articles. Join a growing community of Third Sector professionals

Register now