Jersey Charities Praise Legacy Gifts Amid Cost-of-Living Pressures
Charities in Jersey say donations left in wills can be "transformational" for their work, regardless of the amount given, according to a BBC report.
Charities in Jersey have said that gifts left to them in wills remain valuable and important, even as households across the island continue to grapple with the rising cost of living, according to a report by BBC Business.
Representatives from local charities said that legacy donations, sometimes referred to as "will gifts," can have a significant impact on their ability to fund services, regardless of the size of the contribution.
The report quoted charity figures describing such gifts as "transformational" for the causes they support, noting that even smaller bequests can make a meaningful difference to their operations.
The comments come at a time when many people in Jersey and elsewhere are facing financial pressures linked to the broader cost-of-living crisis, which has affected household budgets and charitable giving more widely.
Despite these pressures, the charities said they continue to see the value of encouraging people to consider leaving a gift to good causes in their wills, as a way of supporting long-term charitable work.
The BBC report did not specify particular monetary figures or name individual charities involved in the discussion, focusing instead on the broader message about the importance of legacy giving.
Sources
- Charities praise will gifts despite cost of living — BBC Business
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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