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Charity Donations 2018 - Decisions by the Ten Percent Foundation

Ten Percent Foundations - Charity Donations 1 2018

Our trustees met a few weeks ago and we have decided to make the following donations:

First Steps - £2,500
Centre 63 - £2,500
Kilimatinde Trust - £2,200
British Stammering Association - £2,000.

Full article to follow next month on the decisions made, but we have realised our charitable donations are going to drop dramatically as of next month due to the changes to the tax structures of companies (the Dividend Tax in particular) and as such our profit levels are going to be considerably lower. This has meant that in the current round of donations we have not been able to support the nominated charities from candidates and clients, but instead make our payments committed already - the four projects are all on 5 year terms ending next year. The charity still retains about £8,000 and we will revisit the donations in the summer to see if we can free up some more money to additionally donate. Thank you to all those who nominated charities to us.

To see our policy on donations please visit: [https://www.ten-percent.co.uk/charitable-trust/](https://www.ten-percent.co.uk/charitable-trust/)

We actively campaign against high pay in the charity sector and also encourage other businesses to donate a percentage of their profits to charity.

 Jonathan Fagan is Managing Director of Ten-Percent Legal Recruitment and a non-practising Solicitor. Ten-Percent Legal Recruitment provides online Legal Recruitment for Solicitors, Legal Executives, Fee Earners, Support Staff, Managers and Paralegals. Visit our Website to search our Vacancy Database.

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