HOW IT WORKS

There has never been a greater incentive for individuals, companies or trusts to donate to their local communities.

HIWCF will set up and invest your Grassroots fund for you using our professional fund managers. The process is simple and straightforward with no complex legal requirements, we take care of the administration including claiming your match funding and gift aid which we will add to your fund.

You can use the income from your fund to support local charities and community groups now and for many years to come. Your fund can be handed down to your family so it will continue to help build a brighter future for our communities for generations to come.

Gifts of cash, shares and legacies received during the Challenge are all eligible for match funding.

Example:

Initial donation

£10,000
Higher rate tax relief (reclaimed by donor)£2,500
Net cost to donor£7,500
Gift Aid and transitional relief£2,800
Grassroots top-up (100% of initial donation and gift aid)£12,800
Grassroots fund balance£25,600
 www.hmrc.gov.uk/charities/index.htm

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