Three in five considering reducing charitable donations this year due to cost of living crisis

New research from the Benefact Group has revealed three in five people in the UK are considering reducing the amount of money they give to charity this year because of the cost of living crisis.

Data gathered from Benefact Group’s Movement for Good Awards nominations discovered 19% will definitely reduce the amount of money they give this year, while 38% said they weren’t sure. 43% said they had no plans to reduce their donations.

The results also found people are more likely to support a local charity rather than a national or international one.

The findings have been revealed as Benefact Group announces the winning 250 charities from across the UK that have received donations of £1,000 each as part of the Movement for Good Awards.

For the fourth year running, the Benefact Group is giving away £1million to charities through its Movement for Good awards. Members of the public were invited to nominate causes close to their hearts, with 250 awards of £1,000 available for donation.

More than 104,000 people have supported the Movement for Good Awards so far, with over 7,250 charitable causes up and down the country receiving votes. The winning charities were picked at random from those nominated, with a further 250 winners being selected in August.

It’s quick and easy to nominate, you can vote for your favourite charity online at: www.movementforgood.com

Thanking supporters across the country, Mark Hews, Group Chief Executive of Benefact Group, said: “We would like to thank every single person who took the time to nominate a good cause as part of our Movement for Good Awards. Benefact Group is the fourth largest corporate donor in the UK and has an ambition to be the biggest. Owned by a charity, all of its available profits go to good causes, and the more the group grows, the more the group can give. As a company whose purpose is to contribute to the greater good of society, charitable giving is at the heart of what we do. We know that £1,000 can make a huge difference to the incredible work that charities do and we’re looking forward to seeing how this financial boost will change lives for the better.”

A further 120 £1,000 grants will be given away in December and £500,000 will also be given in larger grants later this year. For more information about the awards visit www.movementforgood.com

Movement for Good is funded by EIO plc, part of the Benefact Group.

Notes:

1. For a full list of the 250 winning charities visit: Movement for Good 2022 – All Winners – Benefact Group