Planning effective charitable giving

Karen Morris of the Community Foundation for Lancashire

Since 2007, the Community Foundation for Lancashire has distributed £16m to charitable groups countywide, working with individual donors and organisations, including Comic Relief, Big Lottery Fund and United Utilities.

More than ever, we’re finding individuals and businesses looking to discuss charitable giving as part of their financial planning.

Whilst they want to give back to causes close to their heart, they don’t necessarily know how to do it.

Establishing a charitable trust may appear a conventional route, but charity law-mandated legal responsibilities are complex and challenging.

This is where the Community Foundation can help.

We have utilised our knowledge and expertise to successfully support many individuals, business owners, and professional advisors, to make informed charitable investment decisions.

Our expert advice, sound management and due diligence support service makes charitable giving easy, tax-efficient and robust.

Those using our service can have confidence that funds will be directed to where they will have most impact, making a real difference to those within our communities.

Moira O’Shaughnessy is managing partner of Financial Planning Corporation; her client, the Christal Foundation, supports Burnley communities.

She explains: “Setting up your own charity from scratch and promoting it is a huge commitment that many can’t make. However, the Community Foundation make it all so easy.

“It’s an off-the-shelf charitable foundation but bespoke to your own needs. We view the Community Foundation as a key partner as we help our clients make a difference locally.”

Visit www.fpc.co.uk to find out more about the Financial Planning Corporation.

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