Services for NGOs & Charities
NGOs, charities and public benefit companies whose activities would be deemed charitable by UK law are invited to apply for pre-approval for the receipt of funds through UK Toremet. We have approved as recipient agencies over 120 organisations from various locations around the world, reducing their fundraising costs in the UK.
Administration fees for donations to pre-approved recipient agencies are as follows:
- Private donations from UK tax payers that are eligible and approved for Gift Aid: 100% of the received donation is transferred to the recipient agency. (As our turnover increases, this will increase to as much as 120% of the donation received.)
- Grants from charitable foundations, charity accounts, corporations and non-UK taxpayers: 95% of the received donation is transferred to the recipient agency.
- There is no charge for allocations from UK Toremet Charity Accounts.
Significant allocations are transferred to their recipient agency as soon as funds become available for transfer. Small donations are transferred periodically, by arrangement with the recipient agency.
Social Entrepreneurs can also apply for our fiscal sponsorship services, with similar terms – please contact us for details.
Click here to download the application form.