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Millions for Charity.

The financial soundness and adequacy of the voluntary system of support for British charities will be demonstrated in a new chapter in "Burdett's Hospitals and Charities for 1910," which will appear shortly. In 1896 the total income from all sources — subscriptions, investments, legacies, and donations—for the upkeep of charitable institutions in the country amounted to £8,011,495. Ten years later these tributions had increased to £11,753,278, a.nd in 1907 to £12,159,084. That is, at the end of the first ten years the annual income had increased by £3,400,000, or £340,000 per annum, and in the last two years by £750,000 per annum. The income of charities,, £12,159,084, represents, taken at 4 per cent, a capital sum of £304,000,000—0r, to put it in other ways, is represents an annual contribution of 5s Gd from each of the 42,000,000 inhabitants of the TJmited Kingdom.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HC19100409.2.24

Bibliographic details

Horowhenua Chronicle, 9 April 1910, Page 4

Word Count
144

Millions for Charity. Horowhenua Chronicle, 9 April 1910, Page 4

Millions for Charity. Horowhenua Chronicle, 9 April 1910, Page 4

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