How do you Start a Charity?
Discussion
I see there are loads of charities for all kinds of reasons and I see all of them are banking really hard.
How do you start one and which do you think is the best to make the most monies?
For example I have seen the clothing collection charities giving away about £20-£50 per ton of clothes they collect , but I know I can sell that stuff easily for at least £600-£700/ton so not a bad return.
What about the charity shops? They must be banking pretty hard as well, they get free goods delivered to them and they easily fool old women to come work for them for free, from what I have researched they also only give only some 10-15% to the actual cause, while keeping the rest for ''administration costs'' so not too bad either - I guess the most expensive part of it is renting a good store space in good place with a lot of traffic so lots of people come and give you stuff & than some other suckers buy it back.
I do not want to start one of those cancer charities tho, as that's pretty sick thing to run...or the food collection charities as those are actually decent things and I sometimes bring them stuff as well. But what about those dog/cat charities where they go around and ask for monies? I have seen them also banking good money as there are loads of people who just wants to give away their money to charities, but we all know how much the actual cause gets ,heheh.
What's the process of actually becoming a ''charity''? I reckon it's pretty easy as there are so many of them.
How do you start one and which do you think is the best to make the most monies?
For example I have seen the clothing collection charities giving away about £20-£50 per ton of clothes they collect , but I know I can sell that stuff easily for at least £600-£700/ton so not a bad return.
What about the charity shops? They must be banking pretty hard as well, they get free goods delivered to them and they easily fool old women to come work for them for free, from what I have researched they also only give only some 10-15% to the actual cause, while keeping the rest for ''administration costs'' so not too bad either - I guess the most expensive part of it is renting a good store space in good place with a lot of traffic so lots of people come and give you stuff & than some other suckers buy it back.
I do not want to start one of those cancer charities tho, as that's pretty sick thing to run...or the food collection charities as those are actually decent things and I sometimes bring them stuff as well. But what about those dog/cat charities where they go around and ask for monies? I have seen them also banking good money as there are loads of people who just wants to give away their money to charities, but we all know how much the actual cause gets ,heheh.
What's the process of actually becoming a ''charity''? I reckon it's pretty easy as there are so many of them.
bagusbagus said:
I see there are loads of charities for all kinds of reasons and I see all of them are banking really hard.
How do you start one and which do you think is the best to make the most monies?
For example I have seen the clothing collection charities giving away about £20-£50 per ton of clothes they collect , but I know I can sell that stuff easily for at least £600-£700/ton so not a bad return.
What about the charity shops? They must be banking pretty hard as well, they get free goods delivered to them and they easily fool old women to come work for them for free, from what I have researched they also only give only some 10-15% to the actual cause, while keeping the rest for ''administration costs'' so not too bad either - I guess the most expensive part of it is renting a good store space in good place with a lot of traffic so lots of people come and give you stuff & than some other suckers buy it back.
I do not want to start one of those cancer charities tho, as that's pretty sick thing to run...or the food collection charities as those are actually decent things and I sometimes bring them stuff as well. But what about those dog/cat charities where they go around and ask for monies? I have seen them also banking good money as there are loads of people who just wants to give away their money to charities, but we all know how much the actual cause gets ,heheh.
What's the process of actually becoming a ''charity''? I reckon it's pretty easy as there are so many of them.
From your tone ,sounds like you want to start a charity to make your self rich.How do you start one and which do you think is the best to make the most monies?
For example I have seen the clothing collection charities giving away about £20-£50 per ton of clothes they collect , but I know I can sell that stuff easily for at least £600-£700/ton so not a bad return.
What about the charity shops? They must be banking pretty hard as well, they get free goods delivered to them and they easily fool old women to come work for them for free, from what I have researched they also only give only some 10-15% to the actual cause, while keeping the rest for ''administration costs'' so not too bad either - I guess the most expensive part of it is renting a good store space in good place with a lot of traffic so lots of people come and give you stuff & than some other suckers buy it back.
I do not want to start one of those cancer charities tho, as that's pretty sick thing to run...or the food collection charities as those are actually decent things and I sometimes bring them stuff as well. But what about those dog/cat charities where they go around and ask for monies? I have seen them also banking good money as there are loads of people who just wants to give away their money to charities, but we all know how much the actual cause gets ,heheh.
What's the process of actually becoming a ''charity''? I reckon it's pretty easy as there are so many of them.
This will go well.
I agree with the OP, 99% of charities are self-serving entities. Most of them are run for the profit of the people 'employed' by them. Animal charities are are perfect - allow some sub-normal people who love donkeys / monkeys / dogs / cats etc to have a nice life f
king about 'saving' hedgehogs & and horses and maybe elephants in India while the rest of us muppets work for a living.
There's also suit a few religious ones which we are be too scared to criticise; and also quite a few Syrian army children Iraqi one-armed bandit refugees that need help by someone driving a big Merc in south London.
It's a good gig.
king about 'saving' hedgehogs & and horses and maybe elephants in India while the rest of us muppets work for a living.There's also suit a few religious ones which we are be too scared to criticise; and also quite a few Syrian army children Iraqi one-armed bandit refugees that need help by someone driving a big Merc in south London.
It's a good gig.
bagusbagus said:
What's the process of actually becoming a ''charity''? I reckon it's pretty easy as there are so many of them.
As someone who co-founded a charity several years ago that now turns over £1m+ per year and who has been helping someone else convert their idea into a charity during the past four months or so, I can tell you that it is exceptionally difficult to set a charity up - a process that has only become harder over the past few years.Have a look on the charity commission website, follow their guidelines and if you can demonstrate you meet the criteria, have your Trustee board in place, along with vulnerable children and adult policies where needed, fundraising guidelines, then complete the 25+ page application form and wait to see if you are successful.
It isn't something to be taken lightly, or to be done to make money. Charities trade to help generate their output, not make money per se.
RichUK said:
As someone who co-founded a charity several years ago that now turns over £1m+ per year and who has been helping someone else convert their idea into a charity during the past four months or so, I can tell you that it is exceptionally difficult to set a charity up - a process that has only become harder over the past few years.
Have a look on the charity commission website, follow their guidelines and if you can demonstrate you meet the criteria, have your Trustee board in place, along with vulnerable children and adult policies where needed, fundraising guidelines, then complete the 25+ page application form and wait to see if you are successful.
It isn't something to be taken lightly, or to be done to make money. Charities trade to help generate their output, not make money per se.
I'll agree with all of that, ours took something like 5 months to get incorporated.Have a look on the charity commission website, follow their guidelines and if you can demonstrate you meet the criteria, have your Trustee board in place, along with vulnerable children and adult policies where needed, fundraising guidelines, then complete the 25+ page application form and wait to see if you are successful.
It isn't something to be taken lightly, or to be done to make money. Charities trade to help generate their output, not make money per se.
The model constitution we used got batted back and forth multiple times until the Charity Commission were happy.
Even something like Gift Aid registration with HMRC is considerably more long-winded than you might expect.
It's really not an easy process, especially when compared with creating a limited company.
bagusbagus said:
For example I have seen the clothing collection charities giving away about £20-£50 per ton of clothes they collect , but I know I can sell that stuff easily for at least £600-£700/ton so not a bad return.
From briefly reading the bags that get put through my door the collectors are not charities, they are companies who just donate a % to the named charity, all the clothes are sold and none are touched by the charity. I read that nearly all of it goes to eastern europe, I think some companies will sift out designer names and specialist items to be sold here.Good work if you can get it
http://www.telegraph.co.uk/news/politics/11435754/...
But it's for chariteeeee.......
http://www.telegraph.co.uk/news/politics/11435754/...
But it's for chariteeeee.......
Sounds like you want to set up a rag mill, Its easily done, you don't need much in the way of equipment and there are a few ways of doing it.
1. Team up with a charity, offer them circa 3-11p a kg print a load of bin bags, distribute and collect, occasionally they will have to go through one door of a charity shop and out the back.
2. Normal clothes, get baled up and shipped to Nigeria or Romania, although that is decent money, the real money is in sorted rags and when you need to employ and train rag pullers. Branded stuff Like Adidas or Armani is easy for them, but they would need training on how to spot vintage items, 1920 frock coats, 1950s cotton dresses, flares, nasty polyester 70s shirts etc etc.
3. Once you have sorted the rags you have some options, You can sell direct to the Vintage traders, likewise with denim and branded stuff, or you can subsidise your wage bill. Pay the rag pullers £3-5 an hour off the books, then they could boost their wages with tips from the traders. E,g, Rag Puller saves 20 bin bags worth of clobber, depending on what is in there the rag puller gets £200-1000 tip and the trader pays the mill owner for the weight of the clothes. Which would be circa quadruple the normal cost of rags.
4. Whats left and not fit for sending overseas, chop off zips and buttons and sell to be ground up and made into industrial wipers or stuffing.
1. Team up with a charity, offer them circa 3-11p a kg print a load of bin bags, distribute and collect, occasionally they will have to go through one door of a charity shop and out the back.
2. Normal clothes, get baled up and shipped to Nigeria or Romania, although that is decent money, the real money is in sorted rags and when you need to employ and train rag pullers. Branded stuff Like Adidas or Armani is easy for them, but they would need training on how to spot vintage items, 1920 frock coats, 1950s cotton dresses, flares, nasty polyester 70s shirts etc etc.
3. Once you have sorted the rags you have some options, You can sell direct to the Vintage traders, likewise with denim and branded stuff, or you can subsidise your wage bill. Pay the rag pullers £3-5 an hour off the books, then they could boost their wages with tips from the traders. E,g, Rag Puller saves 20 bin bags worth of clobber, depending on what is in there the rag puller gets £200-1000 tip and the trader pays the mill owner for the weight of the clothes. Which would be circa quadruple the normal cost of rags.
4. Whats left and not fit for sending overseas, chop off zips and buttons and sell to be ground up and made into industrial wipers or stuffing.
DanielSan said:
lucido grigio said:
From your tone ,sounds like you want to start a charity to make your self rich.
This will go well.
If you can't beat em, join em...This will go well.
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I'm quite cynical about the way charities operate, but there are some decent ones out there that aren't just moneymaking schemes for the directors.
I give to a local dog rescue charity, run by a lady from a property that used to be a kennels and gun dog breeder. The dogs have better accomodation than she does. What attracted me to this particular dog charity is the fact that they never put a dog down if it can't find a new owner.
I give to a local dog rescue charity, run by a lady from a property that used to be a kennels and gun dog breeder. The dogs have better accomodation than she does. What attracted me to this particular dog charity is the fact that they never put a dog down if it can't find a new owner.
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