Tax-Efficient Giving to Help Combat Local Poverty
With the financial year drawing to a close, Milton Keynes Community Foundation is urging local businesses to maximise their impact through tax-efficient giving. By aligning your corporate giving strategy with our #InvisiblePovertyMK campaign, you can support local families struggling to survive the cost-of-living crisis—while benefiting from valuable tax relief opportunities.
Poverty is still a harsh reality for many local families, with almost one in three children living in hardship and, throughout the winter months, the Foundation continues to shine a light on this urgent crisis, raising crucial funding for local charities providing essential support to those in need.
The end of the financial year, Monday, 31st March, is fast approaching and, by donating before then, businesses can make a lasting difference while enjoying significant financial benefits.
“Tax-efficient giving is a win-win for businesses and the community. It allows companies to make a meaningful impact on the lives of their neighbours while optimising their financial strategies. By giving through the Foundation, businesses can be confident their contributions are making a real difference in Milton Keynes—where they and their employees live and work.”
Ian Revell, CEO of MK Community Foundation
Tax-Efficient Options for Businesses:
MK Community Foundation offers multiple ways for businesses to give back:
- Business Membership: Join from just £1,500 (VAT-free) and claim corporation tax relief.
Our Business Members and Fundholders provide long-term support to the communities in which they operate, selecting from one of three vital causes that resonates most with yours and your employee’s values. By choosing to send your donations into our ‘Disadvantage and Poverty Fund’, you can support charities and community projects working to alleviate some of the financial pressures facing households across Milton Keynes. - Funds and Endowments: Establish a lasting legacy by creating a fund tailored to your giving goals.
Starting a fund with MK Community Foundation is like having your own Charitable Trust without the hassle, admin and other associated costs. Using Vital Signs MK, we will work with you to set criteria against your fund, specifying the type of projects you want to support.
Donations made by your company to UK registered charities are considered a tax-deductible expense, meaning you can reduce the declared profit on which you pay corporation tax. This makes giving to MKCF a cost-effective option, whilst providing long-term support to the city in which you and your employees live and work.
- For more information on tax efficient giving, please visit HMRC.
With the tax year-end just around the corner, by supporting your local Community Foundation, your business can turn compassion into meaningful change—making 2025 a brighter year for those facing hardship in Milton Keynes.
To learn more, please contact Philanthropy Director, Jake Geelan, at jake.geelan@mkcommunityfoundation.co.uk, or by booking a free consultation with a member of our philanthropy team.
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MK Community Foundation