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Working together to assist charities and benefactors

New guidance published for charity legacy professionals will help to ensure benefactors’ philanthropic wishes are implemented efficiently and correctly, writes Stephen Richards

24 February 2017

Legacy income is a bedrock source of funding for many charities. According to Legacy Foresight, UK charities benefitted from an incredible £2.54bn in legacy gifts in 2016.

Given the vital role that legacies play in supporting charities’ work it is essential that benefactors are confident that their gift will reach the intended charities. The interaction between those working in the charity legacy sector and the legal profession is a critical one for ensuring that benefactors’ philanthropic wishes are implemented efficiently and correctly.

The Institute of Legacy Management (ILM) is the membership organisation for legacy professionals and is made up of over 300 charity and not-for-profit organisations, ranging from members of small local charities to large multi-national institutions. Today, the ILM launches its Want to read on?

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