Report shows �57m fall in legacy value - Third Sector

Report shows �57m fall in legacy value - Third Sector: "Report shows �57m fall in legacy value

By Kaye Wiggins, Third Sector, 28 May 2010

Twenty biggest legacy-earning charities suffered a combined fall of 3 per cent in most recent financial year

The value of legacy gifts to charities fell by an estimated �57m between 2008 and 2009, according to new research by the Centre for Charitable Giving and Philanthropy.

The Legacy of the Recession, a report published this week, shows that the 20 biggest legacy-earning charities suffered a combined fall of 3 per cent in legacy income in the most recent financial year. The 20 charities together attract 42 per cent of all charitable legacies in the UK."