Acumen Blog

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Good news for philanthropists in the U.K. and Europe

We are excited to announce that Acumen now holds a CAF Charitable Trust in the United Kingdom. CAF, the Charities Aid Foundation, is a registered U.K. charity. By donating to Acumen through CAF, you can use Gift Aid if the amount of Income Tax and/or Capital Gains Tax you’ve paid for the tax year in which you make your donation is at least equal to the amount of basic rate tax  [the charity or Community Amateur Sports Clubs (CASCs) and any other charities or CASCs] you donate to will reclaim on your gift. CAF will reclaim 25% Gift Aid from HM Revenue & Customs and pass this through to Acumen.  The donor can claim higher rate tax relief (for more information, please refer to CAF’s online resource, What Is Gift Aid?).

For donations from one of the TGE Partner listed countries across Europe, transfers can be made directly to the respective local charity listed in the link, who will transfer the gift directly to Acumen’s CAF Trust in the U.K..

In addition, Acumen is also registered now as an ANBI (or public benefit organization) in The Netherlands! This means that donations made by Dutch taxpayers to Acumen are eligible for a deduction from taxable income.  If you are a Dutch donor and would like to make a donation to Acumen, you can donate online, by check or wire. Acumen’s RSIN/tax number is 823772664.

Europe is becoming an increasingly important hub for Acumen’s community of Partners, and we are excited about these recent development to support tax-effective giving across the continent.

If you have any questions, please contact Ambika Singh Sampat, Business Development Associate at asampat@acumen.org or +44 20 7961 2522

For additional details about Acumen, including its name, contact information, mission, policy, board member names and titles, remuneration policy, recent activities, and financial statements, please see the financial statements and IRS Form 990 available through our Financial Overview.  To access our Financial Overview click here.

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