Xperedon Fundraising Tools
   
CHARITY NEWS XPEREDON
Charity News ◊ Fundraising News ◊ 3rd Sector News ◊ Philanthropy News
CSR News ◊ Social News ◊ Giving News ◊ Edited in London and Geneva
 
More News
Subscribe to Charity News Feed RSS
   
   
WIMBLEDON FEDERER: Oxfam 100K   
09/07/2012 by Alan Cole in the UK  
 

 
In 2003 a tennis fan made a confident bet on Roger Federer achieving seven Wimbledon titles

Now fans of Roger Federer winning a seventh Wimbledon final have extra reason to celebrate...


The result yesterday generated a £100,000 gift to Oxfam via a legacy donation.

Oxfam benefitted from the donation, call it Wimbledon prize-money if you like, due to an unusual legacy donation set up by Oxfam and Roger Federer fan Nicholas Newlife who left his whole estate to Oxfam...

Mr Newlife, who died in 2009, included the outcomes of a series of outstanding bets he had placed in his legacy donation to Oxfam.

Oxfam, the international aid charity has already benefitted from £16,750 from one of Mr Newlife's bets...

This was due to a £250 gamble on Roger Federer to win at least 14 Grand Slam titles before 2020 at odds of 66/1...

A similar flutter on Federer to win Wimbledon seven times before 2020 was made and now that is achieved Oxfam will receive the substantial dividend.

Mr Newlife has now left the winnings to charity. Yesterday, July 9, Oxfam received confirmation of the £100k pay-out following Roger Federer’s victory over Andy Murray at the famous Wimbledon tennis club.

Oxfam reports that legacy giving is extremely important to the international aid charity and that the charity receives about 600 legacies a year, about £13 million worth of donations, or about ten per cent of its income.

Sometimes included are rare memorabilia and other unusual items including once previously a letter written by Florence Nightingale.

The news comes as awareness of leaving gifts to charities in wills has been increasing in recent years due to a number of campaigns...

Last year was the first ever international legacy giving day in September with hundreds of charities involved in events raise awareness about the importance to charities when people decide to be generous in their wills.

In the UK a recent Cabinet Office's Giving White Paper recognised the value of donating to charity in will making and wants to encourage the process.

Making a will means you control where your estate goes and there can also be tax benefits via donating sums to charity...

As well as ultimately of course, the satisfaction of helping to make a difference, as in the case of this unusual Roger Federer bet supporting Oxfam, a charity that provides clean water services, schools, food aid and other programmes helping people in developing countries...


 
Charity News every weekday
Written and edited in London and Geneva
 
All Xperedon news articles are original and are written by the Xperedon news team. The team is headed in the UK by Alan Cole, an experienced award-winning journalist and copywriter. Alan has previously worked in-house for UK publishers, Pearson Media (Financial Times) and Northcliffe Newspapers, among others, and is an accredited member of the National Union of Journalists, UK.




Send us your Charity News Got Something to Share?
Send us your charity news articles

If you have some Charity / Philanthropy / Fundraising news you'd like to share with us, or an RSS feed that you would like us to include on www.giving-news.com, please email us your news articles here and we'll take care of the rest.
 

 
Follow us on Twitter
We tweet all Xperedon Charity News and retweet the
"best of the rest", all day, every weekday
 
Join the conversation
 
 
  Weekly Newsletter
 
   
 
 
   
 
  News from XCN
 
 
SOUTH SUDAN: Church charities appeal

International church charities call for greater humanitarian intervention in South Sudan...


AUSTRIA: 50 million euro legacy donation

Austria’s fundraising boom has benefited from millions of euros of legacy donations in the last year, reveals fundraising research...


TURTLE RESCUE: Animal charity success

Animal welfare charity rescues 27 endangered turtles from poachers in Delhi...


TOM HANKS DAY: Funraising & fundraising

April Fools Day prank now a ‘Big’ fundraising event on several continents...


EVEREST: Disabled veteran’s challenge

Ex-soldier seriously injured in Afghanistan is about to climb the world’s highest mountain, with support from a unique non-profit organisation empowering disabled veterans...


TALL SHIPS: Charitable challenge

A unique charity using historic sailing vessels to empower young people with vital skills, has launched its latest initiative in South West England.


CHARITY: Gardens fundraising success

Partnership with gardens fundraiser garners UK cancer charity £7 million GBP for its good causes...


ANTI-SLAVERY: Charity receives funding

Steve McQueen anti-slavery charity one of 12 receiving funds from National Lottery international fund...


SCOTLAND: Dolphinwatch

Aberdeen coastline welcomes visitors for the re-launch of popular Dolphinwatch...


UKRAINE: Orphan charity mission

Working with NGO collectives, US aid worker heads to crisis-hit Ukraine to help support orphans in potential conflict zones...


 
More News  
 
 
Xperedon Fundraising Tools