What is a Relief Chest?
A Relief Chest is a charitable account which is owned collectively by a group of Freemasons, such as a lodge, chapter or Province. Donations made by members of the group are collected and held securely in the Relief Chest, until the group decides to distribute them to registered charities.
Today, there are over 5,000 Relief Chests which hold funds totalling more than £21 million. Every year, Relief Chest holders donate over £10 million to charity.
Why open a Relief Chest?
A relief chest is quick to set up and simple to manage, reducing the burden of administering donations. There is no need to deal with accountants, lawyers, or HMRC.
Having a Relief Chest allows you to take control of your lodge’s giving with the capability to raise funds for multiple charities and appeals and keep track with regular statements and reports.
Using the Relief Chest scheme means donations go even further:
- Gift Aid is automatically reclaimed on all eligible donations boosting every £1 donated by 25p.
- The online sponsorship platform and fundraising support can help you to raise more money.
- A favourable interest rate is earned on all funds held in the Relief Chest.