Financial Support
Your generosity is the lifeblood that enables us to plan ahead in Tanzania. Because we have no staff and no significant overheads in the UK, more than 95% of all the money we raise is spent directly on the children in Tanzania.
Every donation is welcome, whether it’s a one-off or a regular donation. Regular donations, however small, help even more to ensure ongoing care for our children.
One-off or regular donations
You can give a one-off donation or set up a regular donation via CAF Bank. If you are a UK taxpayer, they will take care of the GiftAid.
Alternatively, if you have an online bank account you can donate using these details:
Bank Name: CAF Bank
Account Name: Malaika Kids UK
Account Number: 00016798
Bank Sort Code: 40-52-40
If you are a UK taxpayer, please let us know if you qualify for GiftAid.
Cheque
Please send your cheque, made payable to Malaika Kids UK, to:
Malaika Kids UK
6 Lauderdale Mansions
London W9 1NE
If you are a UK taxpayer, please complete this Gift Aid declaration form.
Leave a Legacy
Your will is one of the most important documents you’ll write.
It’s a chance for you to help and provide for your loved ones, and to keep making a difference after you’re gone.
The kind of gifts you can leave to Malaika Kids:
- A share of your estate (Residuary Legacy): Once you’ve worked out what you’re leaving to family and friends, you can donate a share, or all of what’s left.
- A specific sum of money (Pecuniary Legacy): If you want to leave a lump sum to us, you specify this amount in your will.
- A specific item: Jewellery, a first edition book, or any item that you think will be of some value to our work when sold.
Please let us know if you decide to leave us a legacy.
Already have a will
If you already have a will and want to leave a legacy gift to Malaika Kids, all you have to do is make a codicil (Latin ‘amendment’). Speak to your solicitor about making a codicil to your existing will, and they’ll take it from there.
Charity Tax Advantage
Assume a net estate (after any relevant thresholds) is valued at £1m.
If you leave zero to Malaika Kids (or any other charity), the inheritance tax will be £400,000, leaving £600,000 for the rest of the estate.
If you leave £100,000 (10%) to Malaika Kids, then the inheritance tax rate on the remaining £900,000 drops from 40% to 36%. The amount of tax paid would reduce from £400,000 to £324,000 and the amount left to the family would become £576,000.
In other words, a gift of £100,000 to Malaika Kids would cost the rest of the estate only £24,000.
A fuller explanation can be found on the HMRC site. We strongly advise people to take their own legal/financial advice to establish whether that would work for them in their personal circumstances.