Give in a way that matches your wishes
Give in a way that matches your wishes
Whether you want to set up your own named fund, or simply make a donation, Foundation Scotland offers a range of ways to give – all tailored to your circumstances and the causes you care about.
Give to Foundation Scotland
- Make a donation to Foundation Scotland: Making an unrestricted donation to Foundation Scotland enables funds to be used where they are most needed, and ensures we have the flexibility to respond swiftly to community needs.
- Make a donation to a Thematic Fund: Your donation directly supports a programme or area identified by Foundation Scotland through our wider work such as tackling poverty and inequality or supporting older people or community arts. Your donation is pooled with others to create a larger fund, allowing us to support more people and communities.
Set up your own fund
If you would like to be more involved in making decisions about your donation, setting up your own fund with Foundation Scotland is quick and easy. It’s like having your own charitable trust but without the time-consuming administration. With our advice and support, we can ensure your fund is entirely tailored to your wishes and circumstances. You’ll have a dedicated expert to advise you on philanthropy and funding, and we’ll also give you feedback on the difference and impact your donations are making.
We have two types of funds: Invested and Non-Invested Funds. Here we explain the differences and the options available.
Invested Fund
This is a longer-term fund where your gift is invested. You can choose to reinvest any revenue your fund generates, or you can use it to support the causes you care about. There are several options with an Invested Fund:
1. Growth Fund: This type of fund is designed to grow over an agreed period of time. Any revenue your fund generates in that time is reinvested, with no funds drawn down during the growth phase. This could be, for example, a legacy for the future.
2. Donor Advised Fund: Income generated on your growth fund is drawn down to a grantmaking fund, from which grants are made to multiple organisations.
3. Donor Advised Fund (single organisation): Income on these funds is drawn down to a grantmaking fund, from which a grant is made to the same single organisation annually.
You can read more about Invested Funds here.
By setting up an invested fund, the aim is for your fund to grow over time, helping to sustain communities, initiatives and organisations for years to come. Whichever you choose, our funds are invested in our Rathbones Charity Growth & Income Fund. Read more about our Responsible Investing.
Non-Invested Fund
Non-invested funds are for those who want to distribute their fund more quickly or want a little more flexibility in supporting charities and projects throughout the year. Like our Invested Funds, you can choose how much support you'd like with your giving. There are also several options with a Non-Invested Fund:
Donor Advised Fund: You can create a named, ring-fenced fund, which describes the causes, issues, and/or communities you wish to support. You can advise on grant recipients from the fund, or Foundation Scotland can make grant recommendations to match your priorities, managing the administration and delivery.
Donor Advised Fund - Open Programme: You can create a named, ringfenced fund, which is focused on a specific issue and/or geographic area that matters to you. Foundation Scotland manages the entire programme on your behalf, which includes programme design, promotion, application and assessment, decision making and reporting.
You can read more about Non-Invested Funds here.
Tailored to you
We understand everyone's needs and desires are different, so we'll work with you to find the best option for you and the causes you support. Please give us a call if you'd like more information, or development@foundationscotland.org.uk, and we'll get back to you right away. We've also listed a few commonly asked questions below.
Frequently asked questions
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How much does setting up a fund cost?
When you set up your fund, we ask for a contribution to support us in managing your fund. Foundation Scotland is a not-for-profit organisation, we look first and foremost to deliver public benefit, and our charges are based on cost and not profit. Contribution levels vary depending on the capital value and type of fund you select. Please get in touch with our Development Team, who can take you through our current contribution levels.
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Can I make donations tax efficiently?
If you are a UK taxpayer, there are several ways to give tax-efficiently, including Gift Aid, Gifts of Assets including shares, and leaving gifts in your Will. Donors can take advantage of tax incentives to encourage more giving to charities. You can get advice about making gifts to charity from HM Revenue and Customs. Before making a gift, we recommend you get advice from a lawyer, accountant or another professional who can discuss your circumstances.
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How are my funds invested