Institute of Fundraising: Grants mean new business for charities

Anyone who read last week's issue of Third Sector will see that charities and businesses alike will soon be eligible to receive a grant of up to £500 for setting up Payroll Giving. As long as an organisation has fewer than 500 employees and establishes Payroll Giving between April 2004 and the end of 2007, employers will be eligible for the grant, from January 2005. What's more, the first £10 of each employee's donation will be matched for six months.

If you haven't already tapped into Payroll Giving as a fundraising initiative or established your own internal scheme, this is your opportunity to get started.

For those charities with fewer than 500 employees, you can have your cake and eat it. You have the opportunity to benefit from the £500 payout, as well as being on the receiving end of a regular, reliable donation flow.

The grant programme provides an ideal opportunity to contact and build relationships with both existing and potential corporate supporters.

An extensive training programme, co-ordinated by the Institute of Fundraising across the UK, will be available from Spring 2005, guiding charities how to make best use of the grant scheme.

To register for details of the training sessions, or for further information, call the Payroll Giving grants hotline on 0845 602 6786.

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