Donor Advised Funds

Donor-advised funds are a way for individuals and corporations to effectively manage their charitable giving. Sometimes they are described as cost-effective alternative to running your own private foundation. SharedImpact is a donor-advised fund with an emphasis on lending money to charities.

How it works

Tax benefits

You donate money to SharedImpact. As SharedImpact is a registered charity your donation has the tax benefits that any donation to a charity attracts. For example SharedImpact can receive GiftAid on your donation.  There are no upper or lower limits on the amount you can move into your SharedImpact account.

Your choice

These donations stay within SharedImpact until you advise us where to put them. We follow your advice so long as it matches our charitable objectives and it is feasible. Our charitable objectives include “helping charitable bodies, and non-charitable bodies pursuing a charitable purpose, to access funding solutions to help them thrive for the benefit of the public”.

You can make these choices whenever you like – you can top-up your account when it suits you, and distribute that donation, either fully or partially, whenever you wish.

SharedImpact is an online system so can you use it at any time.

Social investment

Often charitable organisations wish to borrow money. It is sometimes as simple as a loan for one year so a roof can be fixed in the summer, or perhaps a company that has a social purpose (often called a social enterprise) wants to expand and needs to raise money by selling shares. Sometimes charities that provide services get paid afterwards, and they need to borrow money now to pay their costs.

SharedImpact allows you to direct your donations into these ‘social investments’. You can lend your donation to a charity, and when they repay lend it out again. You can help many charities and social enterprises as you lend out your donation again and again. SharedImpact also allows you to donate your account balance to charities if you wish to.