New figures have indicated that millions of £5 notes have been donated to charity since their circulation began in September.
Research published today by the Charities Aid Foundation (CAF) has looked at the impact of the #firstfiver campaign, which is encouraging people to give to the first new polymer note they receive to charity.
Polling commissioned by CAF and carried out by YouGov indicates that as many as many as 2.5 million adults have donated their first new £5 note or will be doing so when they receive one. It means the social media campaign could help raise up to £12.5 million for charities.
The #firstfiver campaign was started by a Twitter user pledging to donate their first £5 note to a good cause and challenging others to do the same. Today’s research shows that almost one in six adults in the UK (16%) have now heard of the campaign.
The results are published in the run up to #givingtuesday on November 29th, the global day of giving which calls on people to give their time, money or voice to a good cause.
#givingtuesday is led in the UK by CAF, one of Europe’s largest charitable foundations, which supports charities in managing their money and helps people and businesses give to good causes. This year’s #givingtuesday will be the UK’s third, and follows a Guinness World Record set on the day last year for the most money ever donated online in 24 hours.
Hannah Terrey, Head of Policy and Campaigns at CAF, said:
“It is fantastic that people been inspired to do something good with their new £5 notes. With this year’s #givingtuesday fast approaching, this is a great example of a simple and easy act of kindness which can really make a difference.
“Social media campaigns can be a really effective way to get people– particularly younger adults – inspired to support charities.
“#givingtuesday calls on people across the UK to ‘do good stuff’ for a cause they care about on the last Tuesday of this month, whether that’s volunteering time, giving money or even just talking about the work of a favourite charity. It can be as easy as saving that crisp new £5 note on Black Friday and donating it to a charity on #givingtuesday instead.”
Breakdown of results
The CAF YouGov poll of 1,004 UK adults carried out between 18th and 25th October found that:
· More than half of people (58%) have now had one of the new £5 notes, which were put into circulation on September 13.
· Women are two times more likely than men to be donating their first new fiver to charity (7% vs 3%).
· Overall, 16% of people had heard of the campaign to donate a first new £5 note. Adults aged between their teens and their mid-40s are the most likely to have been aware of it. Awareness was highest among 25 to 34 year olds (25%).
· Of those polled, 5% said they either had or would donate their first new £5 note. (2% had done so already, 3% said they would be donating once they received one).
New Director Strengthens Quilter Cheviot Charities Team
Quilter Cheviot, a leading investment management firm that forms part of Old Mutual Wealth, has appointed a new Charity Director, Charles Mesquita, as an addition to its charities team.
Charles will join the 10 strong team at the beginning of January, reporting to Head of Charities William Reid.
Quilter Cheviot’s charities division has funds under management of over £1.5 billion of assets on behalf of 643 charities nationwide, making it a leading charity manager in the UK.
Charles has over 30 years’ investment experience and has worked for a number of leading financial institutions, including Newton Investment Management and Investec Wealth & Investment. Among other key roles at these firms, he was responsible for founding and launching the Charities Property Fund with Savills in 2000: the first Common Investment Fund investing in UK commercial property. Over 1,800 charities have invested in it to date with assets of over £1 billion.
In his new role at Quilter Cheviot, Charles will help develop the firm’s specialist charity capability.
Charles commented: “It is an exciting time to be joining Quilter Cheviot. Not only do they have an envious track record of delivering robust performance, but also a strong reputation for helping charities with their investments. Quilter Cheviot retain the ethos that the people you meet are the people managing your portfolio. As a trustee, I am only too aware of the challenges facing charities and the value put on having a strong relationship with someone you can trust.”
William Reid head of charities commented “We are delighted to welcome Charles to Quilter Cheviot as he is well qualified to enhance our capabilities. In light of the significant advice gap in the charities sector, the key to help resolving this is to recruit high calibre individuals who not only understand investment but are in tune with the challenges that trustees face.”
Charles is a trustee of Bowel & Cancer Research, RL Glasspool, a grant giving charity which aims to help people step out of poverty, and PRISM, which helps to promote and to facilitate charitable giving in a flexible and efficient manner. Charles also sits on the board of the Charity Investors Group, a forum promoting a greater understanding of investment within the sector.
Investors should remember that the value of investments, and the income from them, can go down as well as up. Investors may not recover what they invest. Past performance is no guarantee of future results.
£6,000 Raised For Charities Through Business Networking Events
Double Whammy Networking CIC (DW), a social enterprise that organises successful Southend and Castle Point business networking events.
The events focus on effective business networking, but the events are sponsored and at least 60% of the ticket price goes to a ‘charity pot’ to support local charities and good causes.
By the end of 2016, DW had raised a grand total of £6,000 to support 22 different charities and community groups.
Managing director Jill Poet stressed that ensuring quality business networking is always a priority and that, apart from an optional card draw, no fundraising takes place at the actual events. She explained: “I’m a veteran networker myself and I understand the importance of business people being able to attend an event without feeling pressurised to give, give, give.. We just don’t do that, although we often find that excellent long term relationships are established between the business and community sectors. Additionally, our events are ad hoc and there is no joining or membership fee, no commitment to attend regularly, and no requirement to give an elevator pitch. The events are relaxed and ideal for established businesses and start-ups: we make everyone welcome.”
The next event is a networking breakfast sponsored by and to be held at the Arlington Ballrooms in Leigh-on-Sea on 17th January. A basic ticket is just £7.50 including refreshments. £6 from each ticket sold will go towards supporting the SoS Domestic Abuse Project and SAFE (Supporting Asperger Families in Essex)
Booking is essential. Book via this link http://buytickets.at/dwnetworking/73578. Or call Jill Poet on 01702 468387 for more information.