Grassroots Endowment Fund
There has never been a better time to give
Donors can benefit like never before when setting up a fund thanks to the Grassroots Grants endowment match challenge.
This is a very unique and exciting opportunity for individuals
and companies to obtain match funding for
their donations and to build funds for the benefit of Warrington area. We can offer one to one match funding for every pound contributed
with a pound of government monies.
Furthermore, individual philanthropists who are higher taxpayers could see their donations triple in value when a fund is set up with the Foundation. For a higher rate taxpayer an actual donation of £10,000 would have a net cost of £7,500 over three years, producing a fund worth £24,999.
• To find out more about the great tax benefits for individuals (.pdf)
• To find out more about the great tax benefits for businesses (.pdf)
• Corporate Social Responsibility and its Benefits (.pdf)
For the Endowment Fund, we have set a target of £400,000 for Year 1 to raise from business leaders and individuals, which with the matched funding will create over £500,000 in community capital. This capital will allow us to continue with the rate of current giving.
If you or your business are ready to get involved in the Endowment Fund, then please take a look at our information sheet and please feel free to contact us on 01925 246800.
Frequently Asked Questions
Is there a fee to join the Endowment Fund?
Yes, Warrington Council for Voluntary Service will charge a commission fee of 5% on your contribution only to draw down the match and undertake the management and publicity work during the course of the development of the endowment fund. The remaining monies will be matched pound for pound (upto a limited amount) with Government Funds with no other deductions, and will be invested professionally in accordance with the Warrington Council for Voluntary Service’s investment policies which are governed by Charity Commission regulations and our Quality Accredited processes.
What experience does Warrington Council for Voluntary Service have?
Warrington Council for Voluntary Service has been managing endowment funds on behalf of the community, as well as supporting local, voluntary projects for 100 years. Warrington Council for Voluntary Service has an excellent service and track record of working with the local community along with unrivalled knowledge and expertise in identifying god causes that need support.
What do I get in return?
The security of knowing that your money is in safe hands and will be delivered to the local community and meet the needs of Warrington both efficiently and effectively, with full attribution that it has come from you, plus publicity both for the donation and ongoing grant making.
When do I receive information about the groups that have benefitted from my donation?
This is something that we will discuss with you when we prepare your gift agreement, when we will respond to your own needs in this matter. You will receive an annual report to say what giving has been received and details of grants that have been made, along with a quarterly newsletter and as a donor you will be invited to attend to events that will give you the opportunity to meet benefactors of the fund and learn more about the real difference the grant has made to the community.
Where can I get more information?
If you would like to arrange a meeting to discuss your gift agreement or to learn more abut the Endowment Fund then please call Warrington Council of Voluntary Service on 01925 246800 or email us at cvsr@thegateway.org.uk