Pennies for Promise is a simple, yet innovative idea. It is a payroll giving scheme that
allows an employee to make a donation to a charity directly from their net pay. The
employee’s net pay is rounded down to the nearest pound, and the remaining pennies are
donated to a charity of their choice.
Pennies for Promise is an easy to implement scheme, that can provide your charity with a
regular donation stream, allowing you to fund your charitable goals. The scheme is
carefully designed to ensure that 100% of donations go to employee nominated charities.
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Information for charities
www.penniesforpromise.com
How does it work?
“Pennies for promise” is a simple idea. When an employee receives their net pay (their
‘take-home’ pay after tax deductions) we will round the amount down to the nearest
pound. The pennies that are left over are then deducted and sent to a charity of their
choice.
Their small donation of a few pennies each month is part of a large collective donation. If
everyone within a company registers for the scheme, the collective amount of pennies
donated will make a significant difference to the charities receiving it.
For example:
Sarah has a net pay of £1783.57. We will round it down to the nearest pound, deducting
23 pence from her net pay, leaving Sarah with £1783.00, the deducted 57 pence will be
donated to her chosen charity. As you can see below, a deduction for ‘Pennies for
Promise’ will appear on her pay-slip to reflect this.
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Information for charities
www.penniesforpromise.com
How do we receive the donations?
The deducted pennies are stored by Pennies for Promise and distributed to the charities
selected by each employee twice a year. This biannual payment reduces administrative
burden for your charity, and Pennies for Promise. Payment is made by BACS and any
accumulated bank interest for the six month period is shared proportionately to the
recipient charities.
What are the benefits for our charity?
Pennies for Promise is a simple, easy to setup scheme that allows employees to make
regular donations to charities directly from their net pay. The funds are deducted and
distributed to nominated charities, with minimal administrative burden. The scheme is an
effective way to spread awareness of your charitable goals and gain regular financial
support at no cost.
A summary of the benefits for your charity:
• Regular dependable income
• Zero cost donations, i.e. you don’t have to market to
find donations
• Exposure to employers and employees who are
looking to support charitable causes
• Administration free, money transferred by BACS to
your accounts
• Ability to communicate with employees who support
your charity
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Information for charities
www.penniesforpromise.com
How do employees choose a charity?
Each employer may shortlist up to a maximum of three charities for their employees to
select from.
This shortlist is made from the charities registered with us and promoted by Pennies for
Promise, and charities desired by the employer. By registering with Pennies for Promise
we can help sell your message and cause to employers looking for charities to shortlist.
From an organisational shortlist of up to three charities, each participating employee may
select one charity to support.
How can we promote our cause to employees who are looking to support a charity?
We have a dedicated section of our website where you can write a short biography - up to
a maximum of one hundred words – and upload your logo. A hyperlink can be added to
your logo, linking viewers to your website for further information about your cause.
Additionally, we will promote your charity on your behalf to employers and employees
joining Pennies for Promise.
How much of the donated funds will you actually receive?
Unlike other payroll giving schemes, we stand apart from the crowd by guaranteeing the
100% of donated funds go directly to charity.
Our company, activpayroll, donates the administrative time and support to ensure that the
scheme works, ensuring that 100% of the donations to go directly to nominated charities.
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Information for charities
www.penniesforpromise.com
Can employees give more?
Pennies for Promise is designed to collect the remaining pennies from an employees net
pay each month, so that they don’t really notice a reduction in their pay. Making a regular
donation affordable for all.
However, if they wish to, they can choose to donate more. Some people choose to donate
£5, £10, £20 etc a month. If an employee would like to donate more they can indicate so
when they register for the scheme.
Can you claim Gift Aid?
Yes, providing the donor is a UK taxpayer you can claim gift aid on donations, boosting
your funds by up to 25%. We have a process in place to distribute and collate gift aid
forms on your behalf, making it simple. We’ll just hand the completed forms to you for your
records.
Can Pennies for Promise distribute advertorial content on your behalf to our
participating employees?
Due to the vast amount of requests we get from charities around the world, we are unable
to forward your communications to registered employees. You are however, given email
addresses of employees who have specifically indicated that they wish to be contacted
during their registration process, allowing you to communicate directly yourself.
What do we require of you?
• A six monthly receipt of donations that we can pass on to each employer
• A six monthly report (Approx 100 words) of what the funds have been used for
• The ability to use your logo on our website PenniesforPromise.com to promote your
cause
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Information for charities
www.penniesforpromise.com
Where did the Pennies for Promise concept come from?
To celebrate it’s 10th Birthday, activpayroll - a leading global payroll and taxation specialist
- wanted to help support the communities that in operates within. After a lot of
brainstorming, activpayrolls employees came up with a simple, yet innovative idea that we
named Pennies for Promise.
We realised that we could put our in-house skills and experience to better use then
anyone else to create the most effective and efficient payroll giving scheme available.
As a company, activpayroll donates the resources - time, people, finance and office
resources - to manage and administrate Pennies for Promise, removing any burden from
employers and uniquely, unlike other payroll giving schemes, ensuring that 100% of
donated funds go directly charity.
We are committed to running Pennies for Promise, in parallel to our business, providing
employers, employees and charities around the world with an amazing solution, helping
everyone make a difference.
Get in touch:
We welcome expressions of interest from charities to register for support from Pennies for
Promise. To find out more about us, or how you can participate in Pennies for Promise
please contact us at info@penniesforpromise.com or visit www.penniesforpromise.com
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Information for charities
www.penniesforpromise.com