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CAF is one of Europe’s largest charitable foundations. We produce research on charities and charitable giving, develop policy ideas and work with people, companies and charities to help good causes thrive.

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Record as CAF pays more than half a billion pounds to charities in 2016/17

Friday 4 August 2017

CAF paid a record £539 million to charities in the UK and worldwide last year, breaking the half billion pound barrier for the first time, according to the charity’s annual report.

The level of giving by people and companies through CAF rose for the fifth consecutive year, with donations into CAF reaching a record £611 million, the report shows.

CAF manages donations on behalf of wealthy philanthropists, 2,500 businesses and more than 250,000 people. Many donations are paid out right away to tens of thousands of good causes, while some use their CAF accounts to grow philanthropic funds over time.

The 2016/17 annual Trustees’ Report shows that:

  • CAF’s private clients - major donors making substantial gifts to charity – gave £284m during the year, up £78m on 2015/16, including some exceptional donations.
  • CAF corporate donors gave more than £98m to charities, up from £76m in 2015/16
  • CAF also works with more than 50,000 charities, channelling vital donations and also providing services tailored to the needs of the sector. The report details the support CAF has been able to provide.
  • CAF Bank’s lending grew to £72m, supporting charity projects around the country.
  • CAF Donate, the online fundraising platform, grew by 10%, helping charities raise £25m
  • CAF launched the CAF Investment Account, a secure, digital account that helps charities manage the widest range of charity-specific investment funds online.

 

CAF Chief Executive Sir John Low said: “We are overwhelmed by the level of generosity among the people and businesses who work through CAF to support the causes they care about.

“Despite economic uncertainty, we have been able to help our donors give well over £500m to charities, amazing resources that will strengthen communities and transform lives all over the world.

“And we are delighted that so many philanthropists trust CAF to steward and grow their major donations so they can continue giving strategically long into the future.

“As a charity that exists to support civil society, we are proud to be able to grow our services for colleagues across the sector, both here in the UK and around the world. As well as our work in the UK, our colleagues in America, Canada, India, Brazil, Russia and Southern Africa are building civil society, making it easier for people to give across borders and helping support the development of the voluntary sector around the world.”

The full report can be downloaded here.

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