As a member of the Lifetime Legacies Coalition, the Institute is currently lobbying the Government to introduce tax breaks on lifetime legacies for UK donors and charities.
A lifetime legacy has both non-charitable and charitable beneficiaries.
A donor invests capital for a fixed period, during which time the gift acquires interest, the donor receives an income and the remainder passes to the donor's chosen charity at the end of the life of the trust.
Since their introduction in the US more than 35 years ago, around $100bn has been donated to charity through lifetime legacies (known as charitable remainder trusts in the US).
Lifetime legacies are particularly attractive to wealthier individuals and we hope that their introduction will have the same positive impact on this side of the Atlantic as they have in the US.
We are interested to hear what you think. The Institute has launched a web survey to discover your views about what can be gained from lifetime legacies in the UK.
One representative from each fundraising organisation is invited to complete this survey online at www.institute-of-fundraising. org.uk.
All Institute members and respondents will receive a full analysis of the survey's results. The closing date for this survey is 5pm, 7 March.