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Fundraising query!?


I was wondering whether it is legal to fundraise for a business? I currently run a service that provides free revision notes for students and would like to raise some money to so I can add to the service I run, hire some staff and pay myself a wage.

Any help would be greatly appreciated!

Sure, you can fundraise - you just can't claim you are a charitable organization, and the people donating can't deduct their contributions on their taxes.

You need to be a registered charity which is a lot of hardwork.
Also if you read this you will find that
http://www.direct.gov.uk/en/HomeAndCommu...

# your organisation can鈥檛 be set up for the benefit of a specific named individual or individuals
# trustees cannot usually be paid or gain financially from the work of the charity
the organisation cannot benefit anyone you have a relationship with 鈥?eg family members, friends or members of a group or club
* the organisation has permanent endowment (land, buildings, investments or cash which may not be spent)
* the organisation has a total income of more than 拢1,000 a year
* the organisation has land, including buildings that qualify for business rates
So the fact that you want to fundraise to benefit yourself I dont think will be allowed.

Have you tried the princes trust as they help people set up business's but wont help charities
http://www.princes-trust.org.uk/

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