Match Funding

Match giving or match funding is a simple way of maximising the fundraising efforts for Friends of Trinity School Sevenoaks.

Many companies in the UK offer employees the chance to boost their fundraising by 'matching' the money they raise. It really is money for nothing, and Friends of Trinity School Sevenoaks could double the amount it raises with very little effort. Want to know how? Read on...

How does match funding work?

Not all companies offer matched funding but those that do will pledge a sum of money relating to the amount their employee has raised for or donated to the charity of their choice. Some organisations will match fund on a £ for £ basis, others will stipulate what they are prepared to give. It is likely that an upper limit will be applied along with certain criteria such as the recipient organisation being a registered charity.
Some companies will also pledge time and resources instead of money, so enabling their employees to support a cause during their working week, or offering a tangible service such as the opportunity to print posters, programmes, newsletters and so on.

Which organisations will support Friends of Trinity Sevenoaks?

Check with your employer regarding their position on matching donations to charities. Friends of Trinity School Sevenoaks is a registered charity and our registration number is 1179309.
 
Generally speaking, banks and building societies, insurance companies, supermarkets, utilities providers, phone companies and car manufacturers are known historically to offer match funding schemes.
 
Here are just some companies that we know who operate match-funding schemes:
Aviva, Bank of America, Barclays Bank, Benfield Group, BP, British Telecom, British Gas, Camelot, Costcutte, Co-op, Daryl Industries, Deloitte, Diageo, Ernst and Young, Experian, HSBC, Ipsos, Mori, JP Morgan, Chase, Kingfisher PLC, Legal and General, Lloyds TSB / HBOS, Microsoft, Northern Rock, 02, PwC, RBS Group, Royal Dutch, Shell, RW, nPower, Santander, Schroders, Sky, Tarmac, Tesco, Texaco, UBS, Unilever, Yorkshire Bank & Whitbread
 
If you are currently employed by one of these organisations or another company that is not listed we would like to hear from you: please email JGodfrey@trinitysevenoaks.com or treasurer.fots@outlook.com

Why should I check whether my employer offers match funding?

The money that Trinity School and/or Friends of Trinity School Sevenoaks raises through match funding is used to fund projects for the school that benefit the students of Trinity School Sevenoaks.

Payroll Giving

Payroll Giving is an easy way for employees to make regular donations to charities of their choice directly from their pay or pension.

Because Payroll Giving donations are made from income before Income Tax is calculated, donors are given full tax relief on their donation immediately and at their highest rate of tax.

How does Payroll Giving work?

If an employer offers a Payroll Giving Scheme, an employee can ask their payroll department to deduct charitable donations from their gross pay (before tax is deducted). The employer then passes that money to a Payroll Giving Agency (PGA). The employee tells the PGA which charities they wish their donations to be sent to and the PGA sends the donations to the appropriate charities. PGAs usually deduct a small administration fee for each donation. However, sometimes the employer pays this on the donors behalf.

The money donated can only be used by the charity for charitable purposes and the donor cannot receive any benefit in return for the donation. To receive donations through Payroll Giving a school charity does not have to register its details with HMRC. However the PGA will ask for evidence that their school is a charity.

Friends of Trinity School Sevenoaks' registered charity number is 1179309.

It is not possible to make a donation to an event through Payroll Giving.

Why should I check whether my employer offers a payroll giving scheme?

The money that Trinity School and/or Friends of Trinity School Sevenoaks raises through match funding is used to fund projects for the school that benefit students of Trinity School Sevenoaks.

What do I need to do?

If you are in a position to make raise funds through volunteering and/ or to make donations to Trinity School Sevenoaks, or to Friends of Trinity School Sevenoaks (both benefit the students of Trinity School Sevenoaks) please consider doing this using Match Funding / Payroll Giving if your employer offers this.

If you have any questions please email JGodfrey@trinitysevenoaks.com or treasurer.fots@outlook.com