Working with individuals and families
We work to create long-term programmes of giving. A fund can be set up in your name, or in the name of a loved one, and you can decide what issues or areas your fund will support. You may make a gift of money or an item of value such as shares, property or other investments to set up a fund.
Setting up your own fund is a simple alternative to a private charitable trust, offering the same flexibility, without the administration – leaving you able to focus on your giving strategy.
How we work with donors
- We help you create a long-term giving strategy based on your interests
- We find organisations to support, carry out due diligence and make grants on your behalf
- We manage all the administration, investments, due diligence, reporting and legal responsibilities
- We update you regularly on the difference your giving has made, including through your annual impact report
- We arrange opportunities to visit the causes you fund, seeing first hand their impact on local communities
- We share opportunities to attend regular events to hear from local charities and meet other donors
- We think about how to involve other people, or pass on your fund to other family members when the time is right
Choosing the right fund for you
We manage two main types of charitable funds on behalf of our donors, and the structure of these can vary according to your needs.
Forever Fund
An Endowment Fund (or Forever Fund) enables your donation to support future generations in perpetuity. We create a Named Fund from your donation and invest it with one of our two investment firms, alongside our portfolio of other Funds. We put in place a Fund Agreement at the start of our relationship, which outlines our responsibilities in managing the donation and what the grants will be given for.
Make an Immediate Impact
A Flow-through Fund offers immediate grant making support to local charitable organisations and enables you to put your donation to work straightaway to help those causes that are most important to you.
Flow-through Funds can be set up with a one-off donation, or can be topped up regularly, providing an annual bespoke grants programme to support local communities.
Management of Endowment Funds
We have a Finance, Investment and Risk Sub Committee within our Board of Trustees, which is led by our Treasurer. It is responsible for reviewing and managing the performance of our investments. The committee also ensures your Funds are invested in accordance with our Investment Policy, including investment in ethical funds that recognise wider responsibilities to society.
Tax Effective Giving
Because we are a charity, you will benefit from tax relief when you donate. Usually this will mean Gift Aid on PAYE giving or Capital Gains Tax. Gift Aid increases the value of your donation by 25%, and if you pay tax at the higher rate, you can claim back the difference between the higher rates of tax (40% or 45%) and the basic rate (20%) on the total value of the donation. Funds can be set up quickly and held while you create a strategy for your giving, an ideal solution for those donating at the end of the tax year.
Michael Campbell and The Doris Campbell Memorial Fund
Download Your Guide to Giving
Your Guide to Giving provides information on the range of ways you can work with HIWCF to support people in Hampshire, Portsmouth, Southampton and the Isle of Wight.
Speak to us
If you have any questions, please contact us:
Call: 01962 798700
Email: philanthropy@hiwcf.com