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ARTICLE · 08 NOVEMBER 2007

Pride And Prejudice - How Charities Can Generate New Funds

Susan Diamond, head of fundraising for the National Galleries of Scotland, explains how both charities and donors can benefit from tax breaks on donations.

United KingdomAccounting and Audit

Article by Susan Diamond

It is a truth universally acknowledged, that a person in possession of a good fortune, must be in want of a charity…

Susan Diamond, head of fundraising for the National Galleries of Scotland, explains how both charities and donors can benefit from tax breaks on donations.

In the US, philanthropists have never been afraid of giving or talking about charitable donations – think Bill Gates and Warren Buffet. In the UK, donors are usually far more reticent, afraid that it appears like showing off. But times are changing and more high-profile donors have started talking about their giving. It seems it is not just to raise their profile but to encourage others to do the same. Tom Hunter’s pledge to give £1bn to charitable causes over his lifetime is a recent example.

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