Charities board update
Please note, our Forum rules no longer allow the posting of links to personal fundraising or crowdfunding pages, such as JustGiving. You can read the full set of our Forum rules here.

Raising money through Gift Aid / Covering our costs

Hello,

We're doing the Three Peaks challenge later this year for GOSH and we want to take advantage of Gift Aid to raise more money.

However, as the costs of doing this event are quite high we also need to cover some of our expenditure from our donations.

What is the best way to take advantage of Gift Aid but also have access to draw out some of the money that people have donated?

There doesn't appear to be any way of making drawings via Gift Aid, it all goes straight to Charity. Equally, I can't get everyone to pay us and put it through ourselves as the limit is £25 per person.

Any suggestions would be fantastic.

Thank You

Comments

  • 27col
    27col Posts: 6,554 Forumite
    If I was donating to a charity I would not be expecting any of my money to be covering a participants expenses. If you want to enter something, then enter it at your own expense and give all your sponsorship to the charity.
    Just exactly what are you giving apart from your time and effort.
    Sorry if you don't like my reply, but something smells bad when my donation is used to fund a participants costs.
    I can afford anything that I want.
    Just so long as I don't want much.
  • nearlyrich
    nearlyrich Posts: 13,698 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Hung up my suit!
    I agree with 27col you need to do separate fund raising to pay for the expenses and be clear that is what the fund raising is for, can you get corporate sponsorship to pay for expenses?
    Free impartial debt advice from: National Debtline or Stepchange[/CENTER]
  • ustvmad
    ustvmad Posts: 4 Newbie
    The gift aid can only be claimed by the charity on its income or donations. Info is on hmrc website
  • mountainofdebt
    mountainofdebt Posts: 7,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    sorry guys but if you're not prepared to cover the expenses yourself then don't do the challenge.

    In fact I think to 'take' some of the donations to pay for your expenses may be illegal
    2014 Target;
    To overpay CC by £1,000.
    Overpayment to date : £310

    2nd Purse Challenge:
    £15.88 saved to date
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.1K Banking & Borrowing
  • 252.8K Reduce Debt & Boost Income
  • 453.1K Spending & Discounts
  • 243K Work, Benefits & Business
  • 597.4K Mortgages, Homes & Bills
  • 176.5K Life & Family
  • 256K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.