This table illustrates the fees and charges ¹ associated with a £10 donation which is eligible for Gift Aid ² made via several UK fundraising websites. A £10 donation plus Gift Aid should generate £12.50 for charity.
To keep things simple and compare like with like, we assume:
|Set up / Recurring Charge¹||Fee Per Donation||Card Processing Charge||Total Cost To Charity||Charity Receives|
|Virgin Money Giving||£150 plus VAT set up||2%||£0.15||£0.35||£12.15|
|JustGiving||None to £39 plus VAT per month||5%||£0.17||£0.80||£11.70|
The Co-operative Bank are proud to be the main sponsorship partner of the Wonderful Organisation supporting charities to make a difference by ensuring 100% of donations go directly to doing good. Learn more about the Bank’s values and ethics.
We recognise the selfless commitment made by fundraisers who train for months to run marathons, face their fears by jumping out of aeroplanes or open their homes to the community for charity bakes and coffee mornings. We believe the charities they support should receive EVERY PENNY from their fundraising efforts.
We also believe that Gift Aid (a scheme enabling charities to reclaim tax on donations made by UK taxpayers) should be directed IN FULL to the charities. This is why the Wonderful Organisation does not generate profit (or even cover costs) by deducting money from fundraisers' sponsors or Gift Aid contributions.
We are a non-profit organisation funded entirely by like-minded, philanthropic businesses. That's what makes us wonderful!