Howard Lake | 6 March 2006 | News New credit card gift requirements threaten Gift Aid records management About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. 16 total views, 2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Visa and Mastercard’s new requirement that organisations that accept credit or debit card donations capture the three-digit card security code could jeopardise charities’ ability to store Gift Aid declarations effectively, argues the Institute of Fundraising. It recommends charities contact their acquiring bank for ./guidance.Following the new mandate from Visa and Mastercard, the Institute of Fundraising has warned all fundraising organisations that accept credit or debit card donations to contact their acquiring bank.The new mandate will require charities to capture the three-digit card security code, featured on the reverse of the credit card, when accepting donations from cardholders that are not present, (e.g. postal, telephone and online donations). Failure to collect this code may result in the acquiring bank’s refusal to process donations. These changes are imminent, coming into effect from as early as April 2006. Advertisement Tagged with: Finance Individual giving AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The Institute of Fundraising is concerned that charities have not been consulted about these changes, and that there is no clear ./guidance about these developments. The new mandate presents a number of challenges to charities, particularly in respect of postal donations.The requirement for card security codes to be destroyed after transactions are processed presents a significant challenge for charities whose donation forms also include Gift Aid declarations. These have to be stored in order to ensure that the charity qualifies for the tax reclaim on the gift. The requirement to destroy all or even part of this form could present significant problems for charities when they undergo Gift Aid audits, thereby threatening some of the half a billion pounds income that charities receive from Gift Aid each year.Charities might be able to change their online and telephone based donation handling system, although at some cost, but changes to printed donation forms are not so simple.For charities to restructure and reprint donation forms in order to comply with the mandate will take time, and can not be implemented within a month. Direct mail campaigns, trading catalogues and many other printed donation forms have already been printed and some are intended to be available for months at a time.Charities will not welcome being asked to pay to redesign and reprint most or all of their donation forms in order to comply with the mandate.Megan Pacey, Director of Policy & Campaigns at the Institute of Fundraising, said: “It is clear that the changes that this mandate enact create significant challenges for many UK fundraisers. “The timescale within which charities are expected to turn around these changes are largely unrealistic and demonstrates a lack of understanding about the sector and, specifically, the other information that charities are required to collect in order to maximise the donations.”The Institute of Fundraising has sought advice from APACS who recommend that each individual charity contact and seek ./guidance from their acquiring bank.
RelatedPosts Italian footballer banned for urinating towards fans Former Nigeria international, Victor Obinna Nsofor, is on the verge of signing for a club in Italy’s fourth division.The ex-Super Eagles star has been training with USD 1913 Seregno in Serie D, and the club are hoping to bring the 32-year-old on board after he failed with recent trials at Potenza and Vedeggio.Nsofor is a free agent and last played competitive football for South African side Cape Town City, from where he was released in February 2018 having failed to make an impact.He most notably turned out for Chievo and Inter Milan in Serie A, and played for Nigeria at three Africa Cup of Nations finals and the 2010 FIFA World Cup.He won 48 caps for the Super Eagles over nine years and scored 12 goals.Nsofor also had spells in England, Spain, Germany and Russia. Tags: Serie DUSD 1913 Seregno
5 Jun 2015 Ian Attoe lives the dream to capture senior crown Worplesdon’s Ian Attoe lived his dream today when he won the English senior men’s open amateur championship by three shots on his home course.“It’s what I gave up work for,” said Attoe, who has swapped the life of a golf club secretary to concentrate on senior golf. “You hope you can win one event in a year and it’s beyond your wildest dreams you will win the English seniors – except you do dream!”Attoe, who has been a Worplesdon member for 40 years, had the first stirrings of the dream two years ago, when it was announced that Worplesdon and West Hill in Surrey would host this championship. “I started thinking about it and that it had to be an advantage to play on your own course,” he remembered.He gave up work in April to start playing senior golf and it all paid off today – after three sleepless nights!Attoe (image © Leaderboard Photography) started the final round two shots off the lead and finished three clear after scoring one-over 72 for a five-over par total.The runner-up was Andrew Atkinson (Windermere), who scored 73 today. Sharing third place, a further shot back, were former champion Chris Reynolds (Littlestone) and David Niven (Newbury & Crookham). Meanwhile the low score of the day was provided by Phil Sewell (Castle Royle) who went round in two-under 69 to share 13th place.The final round was, for the most part, a tight battle between the leading contenders. Tim Whittaker (Beaconsfield) set out with a two shot lead but after five holes had been caught by both Attoe and Atkinson.After the 10th – a picturesque par three over water – Atkinson and Attoe had moved into a one-shot lead. The next four holes proved telling, for Attoe played them in one under and built up a three-shot lead.However, it was anything but plain sailing home. Attoe topped shots on both the par five 15th and short 16th – but rescued himself on both occasions with his superb short game, salvaging respectively a birdie and a bogey.“I looked at the scoreboard after 14 and saw I had a three-shot lead and tried to play defensively. I had a couple of quick swings, but my putting stood up,” he said.He was certainly not defensive on the 17th, but fired a long drive into the perfect position to attack the green and narrowly missed a birdie. The 18th provided a final test when his approach rolled through the green, but again he played a lovely little pitch which finished close to the pin.That finishing flourish was one of the highlights of the round for Attoe, together with his three birdies on par fives, which he credited to the advantage of local knowledge. And he remarked: “I wanted to play well for the members who walked round, I didn’t want to let them down.”Now, he’s looking forward to Scottish, Welsh and British senior championships.Click here for the full scores