CAF American Donor Fund
Helping donors who have dual tax status
If you are an individual paying tax in the UK and US, you
could find that the US tax rules invalidate UK tax breaks on
charitable giving. The CAF American Donor Fund can help you make
the most of tax relief from both countries.
The CAF American Donor Fund is a great way for individuals
paying tax in both countries to give to charity and claim
Gift Aid
in the UK and get a tax deduction in the
US.
How it works
Donors can make gifts from the fund to charitable organisations
anywhere in the world, provided they are recognised as charitable
under UK and US law.
It can make all the difference to the church or university that
you still like to support back home or to the arts group that you
have become part of in the UK.
Benefits
Using this CAF Fund can help you to:
- use Gift Aid, where appropriate, increasing the value to your
charity by up to 28%
- claim the difference between basic and higher rate tax through
your UK tax return
- ensure tax deductibility in the US
This Fund is available to individuals who pay tax in both the UK
and US if their earnings exceed the worldwide foreign-earned income
threshold (currently $80,000).
Three ways to use the CAF American Donor Fund
1. Single donations - you can make single
donations to the Fund
(Donor Advised Gift)
2. Regular contributions - make regular
contributions to an account
(Donor Advised Fund Account)
3. Open a Trust Account - this allows
donations to charities from
the income and capital of an invested fund
(£100,000 minimum)
Cash, shares,
payroll giving schemes such as CAF
Give As You Earn or legacies can be used to make the gifts to
the CAF American Donor Fund.
Contact us
To find out more, call us on 03000 123
150.
Alternatively, complete an enquiry form.