Friday, February 5, 2010

UK – Centre for Policy Studies Suggests Two Key Changes Aimed to Increase Charitable Giving

The Centre for Policy Studies published a paper by Paul Palmer advocating two key changes that Palmer argues could increase annual giving in the UK by up to £74bn or more.  The paper, A Step Change in UK Philanthropy, argues for the creation of remainder trusts and personal charitable trusts.  The remainder trusts would be similar to charitable trusts but could be controlled and accessed directly by donors.  The personal charitable trusts are a new type of charitable trust based on US and Canadian models that permit donor anonymity.  The goal of both suggestions is to increase charitable giving among the middle class.

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http://lawprofessors.typepad.com/nonprofit/2010/02/uk-centre-for-policy-studies-suggests-two-key-changes-aimed-to-increase-charitable-giving.html

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