How many grants can be paid from my client’s DAF?
The Donor can utilise the free grants we offer based on their balance, these are as follows.
Free Grants per annum | |
---|---|
Balances below £100,000 | 18 |
Balances between £100,001 and £500,000 | 24 |
Balances between £500,001 and £800,000 | 36 |
Balances between £800,001 and £1,500,000 | 48 |
Balances between £1,500,001 and £3,000,000 | 60 |
Balances over £3,000,001 | Trustee’s discretion |
If the Donor wishes to make more grants which exceeds the number of free grants there will be a £10 administration fee for each extra grant made.
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