Choosing to support Community Savings
Helping those experiencing financial difficulties is at the heart of what we do, and it is only possible to continue to offer our support because of the kindness and generosity of people like you. Thank you.
Community Savings, is a non-profit organisation, relying on grants, donations, and bequests to sustain our long-standing initiative. We never use customers’ money for operations and we aim to offer member services for free.
In these times of rising costs and cutbacks, anyone can face overwhelming financial challenges, causing stress for the whole family. At Community Savings, we provide a confidential, complimentary service for those seeking someone to talk to about their problems. Our experienced team listens compassionately and offers practical assistance during times of financial hardship.
We also offer basic accounts for those excluded from mainstream banking or looking for additional financial support. Our clients include bereaved individuals, job loss victims, those on reduced hours, separated or divorced individuals, and those struggling to make ends meet.
Operating solely on grants, donations, and bequests, Community Savings has assisted over 3,000 people in Jersey over two decades. We are grateful to Santander International, NatWest International, Barclays, Lloyds Bank International, and HSBC for providing 50% of our funding, recognising the value of our services.
If you’ve experienced financial difficulties or know someone who has, please do consider supporting our cause with a donation. Any contribution will help us to continue assisting those in financial need.
Different ways to give
By donating to our charity in memory of a loved one or friend, you will be ensuring that Community Savings can continue to promote financial inclusion in Jersey through the provision of services, guidance and practical assistance to those most in need for many years to come.
At memorial services, many families now encourage contributions in place of flowers. They see this as a meaningful way to pay tribute to those they held dear while also supporting a cause that holds a special place in their hearts. If you’re organising a memorial service and would like to support Community Savings, please don’t hesitate to get in touch at office@communitysavings.org.je, or alternatively consult with your Funeral Director.
Many people are now opting to commemorate their special moments by inviting friends and family to donate money to a selected charity instead of presenting gifts. For occasions such as weddings, birthdays, or anniversaries, consider the choice of giving rather than receiving a conventional present. This gesture would contribute to fostering financial inclusivity and aiding those undergoing economic challenges, irrespective of the circumstances.
Your invitees have various avenues to contribute to Community Savings, and we’ll assist you in conveying your request to them with appropriate language, branded donation cards and informational material about our charitable endeavours.
Additionally, wedding favours offer a delightful means of expressing gratitude to your guests on your wedding day. Both you and your partner can choose to make a donation to Community Savings, illustrating the considerate decision to channel funds towards charity through donation cards thoughtfully placed at the place settings of your guests.
For more information regarding making a tribute to Community Savings, please do not hesitate to reach out to us at office@communitysavings.org.je
Choosing to include a donation in your will offers an extraordinary avenue to provide aid to individuals facing financial challenges or exclusion. Through our discreet services, expert guidance, and hands-on support, we are equipped to assist those who require it the most. By considering a gift in your will, you will establish a lasting legacy that ensures the sustained promotion of financial inclusion in Jersey.
If you seek further details about the process of leaving a charitable contribution in your will, please do not hesitate to get in touch at office@communitysavings.org.je.
To make a regular donation to Community Savings please set up a standing order with your bank using the below account information.
Bank: NatWest International Ltd, St. Helier
Sort Code: 60-12-03
Account number: 27531651
Account name: Community Savings Ltd Office account
Ref: ‘Your full name’ & ‘monthly donation’
You have help Community Savings by using our share number at the co-op.
When shopping at the Coop, lend your support to Community Savings by using our Coop Share Number – 379543
Corporate Grants – Corporate grants represent a remarkable and invaluable funding avenue, yet the competition for these resources is intense. Could you extend assistance to us by aiding in the facilitation of a grant?
Charity Match Giving – Facilitating charity match giving or funding serves as an excellent method for backing their personnel in their fundraising endeavours, irrespective of the causes that hold personal significance.
This approach also proves highly effective in elevating employee involvement. Aligning employees’ philanthropic initiatives through matching mechanisms can result in enhanced staff efficiency, allegiance, and an improved public image for the employer.
Typically, matched giving initiatives encompass a commitment to contribute a sum commensurate with the amount raised or donated by an employee for their chosen charity. While some organisations adhere to a pound-for-pound matching basis, others stipulate their predetermined contribution amount.
Employee Information for Lump Sum Donations Through Payrolls
Where a payroll donation scheme is run by your employer, direct donations to a designated charity can be easily made from your salary. If the cumulative sum reaches £50 or more over the course of the year, the donation will be categorised as a lump sum contribution.
This method simplifies the act of giving, as your employer will manage the initiative, allowing you to distribute your charitable contributions evenly throughout the year.
For instance:
Upon joining an employer offering a lump sum donation payroll scheme, you arrange a monthly donation of £10 directly from your salary from January to December. Your donation is forwarded to the nominated charity by your employer in December. Given that your donation surpasses £50, it qualifies as a lump sum contribution. The charity receives your £120 along with an additional £30 contributed by the Tax Office. While your payroll continues to report your gross income (the amount before the charity deduction) to the Tax Office, this remains the figure you should declare on your annual tax return.
It is important to note that it is essential to record the particulars of the donation, in conjunction with any other qualifying contributions to Jersey-based charities, on your personal tax return.
Click here for more information
Download Lump Sum Donation Payroll Scheme Form
Employers Information for Lump Sum Donations Through Payroll
Upon instituting a payroll scheme for lump sum donations, it is imperative to verify that the designated charity is duly registered in Jersey and holds an exemption from income tax. The charity in question should be capable of producing a letter endorsed by the Jersey Taxes Office, validating their exemption under ‘Article 115(a)’.
Subsequently, when remitting the collective sum to the charity, an accompanying schedule must be included, outlining the subsequent details for every contributing employee:
- Tax reference
- Name
- Address
- Total donated amount for the year
The duty of overseeing the scheme’s administration, including the maintenance of donation records for a span of 6 years, lies within your responsibilities.
If You Don’t Pay Income Tax
If your earnings fall beneath the tax threshold, if you’re granted income tax exemption, or if your company operates under a zero-rated status, it’s advisable to forego employing these schemes. Instead, you can directly remit the desired donation sum to the charity.
Should you choose to utilize the aforementioned schemes for your contribution, you’ll be required to settle income tax on the sum that the charity receives via the Tax Office.
For instance, in the case of a 10% tax-rated company, it would be necessary to remit half of the sum the charity claims back as part of this process.
Residing in Jersey and being an income taxpayer provides you with the opportunity to contribute funds to registered charities through the ‘Jersey Gift Support’ initiative. For each £1 donated, the charity will receive an additional 25 pence.
Should you opt for a lump sum donation of £50 or more, or decide on consistent donations that accumulate to £50 or more within the year, the charity can retrieve the applicable tax.
In scenarios where you engage in recurrent donations amounting to £50 throughout the year while also making multiple lump sum donations of £50 or higher, the completion of more than one form becomes necessary.
Please return completed forms to office@communitysavings.org.je
Thank you to our key sponsors and supporters
Santander International, NatWest International, Barclays, HSBC, Lloyds Bank International, Jersey Community Foundation, Association of Jersey Charities, Roy Overland Charitable Trust and SaSo Strategic Advisors.
We also receive financial support from various local charitable trusts and other individual donors who prefer to remain anonymous. Similarly, we receive professional advice, services and other operational support from a range of specialist providers on a discounted or pro bono basis.
All contributions are hugely appreciated. Thank you for your support.