The 3 Pillars of A Good Gift Aid System and Why It Matters
Donation Management
Donation management refers to all the processes and systems for managing how donations are received, recorded, analysed and stored for management and compliance purposes. The qualities of a good donation management systems are as follows;
Easy for donors to make one-off or recurring donations
Donors have a variety of payment methods
Donor receive an acknowledgement of donations made
Record-keeping is not unduly burdensome
Gift Aid Management
Gift Aid management refers to the systems and processes for requesting and recording declarations and claiming Gift Aid. The attributes of a good Gift Aid system are as follows;
Maximises opportunities for collecting Gift Aid declarations
Maintains a link between qualifying donations and Gift Aid declarations
Easy to make Gift Aid claims
Keeps an accurate record of claim history
Donor Portal
When donors make a Gift Aid declaration, they are confirming that they are UK taxpayers and understand that if they pay less income tax and or capital gains tax in the current tax year than the amount of Gift Aid claimed on all their donations, it is their responsibility to pay any difference. For this reason, it is important for donors to get easy access to their donation history for tax purposes. A good donor portal delivers this without over-burdening the charity.
The Donation App combines these 3 pillars into an easy-to-use solution that automates processes and makes life easy for donors and charities alike.
