Philanthropy
We advise high net worth clients who wish to further their own philanthropic aims
We advise high net worth clients who wish to further their own philanthropic aims and make a real difference to their community and/or to those who are disadvantaged via their own charity in England and Wales. In addition to establishing charities for our clients, we also advise trustees of existing charities.
What structures are available
We establish individual charities by trust deed or a Charitable Incorporated Organisation (“CIO”). Our corporate team would establish a charity by a company (limited by guarantee).
Each charity will have a core document setting out its charitable objects / aims and how the charity will work. We work closely with our clients to ensure that the objects match their aims and are exclusively charitable.
Each charity structure has different personal liability consequences for the trustees / members and we would advise the client accordingly based on the future goals of the charity.
Where we can help
Our Private Client team
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Frequently Asked Questions
Do I need a solicitor to set up a charity?
The application is open to members of the public to complete. However, we have found that having a solicitor to prepare the application is invaluable as we are able to use our experience to prepare the papers and also to liaise with the Charity Commission post-submission.
We set out our top tips for forming your own charity and how to satisfy the Charity Commission based on our extensive experience here.
Can I run a charity on my own?
It is recommended that a registered charity has a minimum of three trustees. Whilst there may be one main person who is the founder of the charity, it is important that there are other likeminded people on the trusteeship board to help achieve the charitable objects. It is also recommended that the trustees change from time to time to ensure that new ideas are brought to the charity.
What is a charitable gift?
A person can make a gift to charities during their lifetime or in their Will. Gifts could be made to a person’s own charity which they have registered.
Should you wish to leave a charitable legacy in your will, you may find it helpful to review our blog about charitable legacies here.
Is there a limit on how much I can give to charity?
There is no limit on how much you can give to a registered charity.
Are charitable gifts tax free?
Gifts left to charities during lifetime or in a Will are not subject to Inheritance Tax (“IHT”).
Charitable gifts made through Payroll Giving will not be subject to Income Tax, but National Insurance contributions will still apply to the donated amount.