UK Toremet Ltd (CC)
UK Toremet Limited is a UK registered charity operating a Donor Advised Fund platform that enables individuals, families, giving circles, and corporations to manage charitable giving through online accounts with Gift Aid reclamation and global grant disbursement.
- Company typePrivate
- Founded2010
- HeadquartersBorehamwood, United Kingdom
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What UK Toremet Ltd (CC) does
UK Toremet Limited is a UK registered charitable company (charity number 1140972, company number 07278312) that operates a Donor Advised Fund platform enabling individuals, families, giving circles, and corporations to manage philanthropic giving through a structured online account system. Founded in 2010 and headquartered in Borehamwood, Hertfordshire, the organisation runs on a self-service digital platform at online.uktoremet.org.uk where donors can open Charitable Current Accounts, fund Impact Accounts (Give Today for immediate giving, Give Tomorrow for deferred/accumulated giving), and create Shared Accounts for collaborative philanthropy.
The underlying technology combines a secure online donation and grant management portal with payment processing via Stripe and PayPal, an internal Approved List of charities that have passed due diligence checks, automated UK Gift Aid reclamation, and global grant disbursement to UK and overseas charities at competitive exchange rates. The platform supports both individual accounts (Charity Accounts, Impact Accounts, Family Foundations) and corporate use cases (Corporate Charitable Current Accounts, Give As You Earn / GAYE payroll giving, and employee matching schemes). Trustees — including the founder Jonny Cline — maintain discretion over final grant allocation to ensure compliance with English charity law.
UK Toremet's business model is that of a registered charity, not a commercial SaaS business. It charges no fees to account holders and instead retains up to the Gift Aid amount on eligible UK-taxpayer donations and up to 5% on other donations to cover administrative costs, with the remainder passed through as grants. The customer base spans individual donors, corporate and foundation donors, and recipient charities in the UK, US, Israel, and other countries. With 1-10 employees and no disclosed revenue, the entity is a small-scale, mission-driven philanthropy intermediary competing in the UK Donor Advised Fund market alongside larger players such as the National Philanthropic Trust UK, the Charities Aid Foundation, and Prism the Gift Fund.
UK Toremet Ltd (CC) firmographics
Firmographics- Name
- UK Toremet Ltd (CC)
- Legal name
- UK Toremet Limited
- Website
- https://uktoremet.org.uk
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- UK Toremet Limited is a UK registered charity operating a Donor Advised Fund platform that enables individuals, families, giving circles, and corporations to manage charitable giving through online accounts with Gift Aid reclamation and global grant disbursement.
- Ownership category
- akta.pro rank
UK Toremet Ltd (CC) industry classification
Industry- Product category
- Charitable Giving Services
- NAICS
- Grantmaking Foundations (813211), Grantmaking and Giving Services (8132), Other Grantmaking and Giving Services (813219)
- SIC
- Services-Social Services (8300)
- akta.pro primary industry
- Grantmaking & Philanthropic Funds (Institutional Donors) (BPADAOAB)
- akta.pro secondary industries
- Federated Giving Organizations (e.g., United Way-type) (BPAGAKAG), Charitable Giving & Philanthropic Trust Advisory (FSAEAKAH), Philanthropic & Charitable Trust Services (FSAAANAI)
Keywords
Where UK Toremet Ltd (CC) is headquartered
LocationHeadquarters
- HQ city
- Borehamwood
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
UK Toremet Ltd (CC) business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Others
Revenue model
- Donation Retention for Administrative Costs: UK Toremet retains a small proportion of each donation to cover administrative costs: up to the value of Gift Aid reclaimed for eligible UK taxpayer donations, and up to 5% for non-UK taxpayers or non-eligible donations. As a registered charity, the organization uses these funds to operate the platform and make grants to charitable causes.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | No fee structure - charitable platform |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels2 records
UK Toremet Ltd (CC) product offering
Product offeringCore offering
UK Toremet operates a Donor Advised Fund platform that provides charitable giving accounts (Charitable Current Accounts, Impact Accounts, Shared Accounts, Corporate Accounts) for individual and corporate donors. It reclaims Gift Aid on eligible UK taxpayer donations, performs due diligence on recipient charities, and disburses grants to approved UK and overseas charities at the discretion of its trustees.
Product overview
UK Toremet Ltd operates a unified philanthropic giving platform centered on Charity Accounts, offering multiple account types that work together to maximize charitable impact. The core offering consists of a Charitable Current Account that serves as the main hub where donors deposit funds, receive GiftAid, and allocate to other accounts. Additional giving vehicles include Give Today accounts (for immediate, flexible charitable savings) and Give Tomorrow accounts (for accumulating funds toward a future goal or event). Corporate accounts enable businesses to manage GAYE payroll giving, Matching programs, and CSR initiatives. The platform processes donations via payment processors including Stripe and PayPal, and provides grant funding to eligible UK and overseas charities through a Donor Advised Fund structure.
Differentiator
Problem solved
Functional benefit
Products and services
- Charitable Current Account The central account where donors deposit funds, receive Gift Aid additions, and allocate to Impact Accounts and charities. Serves as the hub for managing charitable giving and provides a single annual receipt for tax returns.
- Give Today Account A flexible charitable savings account that can be named by the user, used to allocate to specific causes or accumulate a balance over time. Features a live balance available for immediate allocation.
- Give Tomorrow Account A charitable savings account designed for reserving funds and letting a funding pool grow until a certain balance accrues or until a special date or event. Can be used to gift to children or grandchildren when they come of age.
- Shared Accounts Group-held Impact Accounts designed for collaborative philanthropy, enabling Giving Circles, Family Foundations, Trusts, and Workplace Giving Funds.
- Corporate Charitable Current (CCC) Account Business account for corporations to manage charitable giving, supporting GAYE (Give As You Earn), Matching programs, and CSR initiatives.
- Donor Advised Funds A fund structure where donors make donations that are then grant-funded to eligible charities at the discretion of UK Toremet's trustees, while honoring donor expressions of wish.
- Gift Aid Service UK tax relief scheme whereby UK Toremet reclaims basic rate tax on eligible donations made by UK taxpayers, adding the recovered amount to the donor's charitable balance.
- Give As You Earn (GAYE) Payroll giving service allowing employees to donate directly from their pre-tax salary to their UK Toremet Charity Account.
Quantifiable outcome
- Up to 25% additional value through Gift Aid on eligible donations
Companies that use UK Toremet Ltd (CC)
Customer profileSegments3 records
Ideal customer profiles3 records
UK Toremet Ltd (CC) technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature5 records
UK Toremet Ltd (CC) partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- StripecoreThird-party payment processor for credit card donations. UK Toremet uses Stripe to process payment transactions and donations made through the platform.
- PayPalcoreThird-party payment processor enabling alternative payment method for donors. PayPal processes donations made through the Campaign Management Platform.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
UK Toremet Ltd (CC) competitors and assessment
Company assessmentBroad incumbents
- Schwab Charitable: Large US DAF sponsor affiliated with Schwab, providing donor-advised accounts with investment options and grantmaking — significant benchmark for UK Toremet's vision of account-based digital philanthropy at scale.
- Charities Aid Foundation (CAF): The dominant UK giving platform operating charitable accounts, payroll giving (Give As You Earn), and Donor Advised Funds with far larger scale, brand recognition, and corporate reach than UK Toremet — competing directly for the same donor wallet.
- Fidelity Charitable: The largest US DAF sponsor, offering Giving Accounts with investment options, tax-efficient giving, and grant-making — represents the dominant scaled DAF model UK Toremet is attempting to localize.
Direct peers
- Prism the Gift Fund: UK registered charity that operates a Donor Advised Fund model receiving donations and granting to donor-recommended charities, with Gift Aid recovery — directly comparable in product structure and target donor to UK Toremet's Charitable Current Account.
- American Endowment Foundation: US DAF sponsor with low-cost donor-advised funds, Gift Aid-equivalent tax recovery, and global grantmaking capability — direct international peer to UK Toremet for both individual and corporate giving use cases.
- National Philanthropic Trust (NPT): US-registered DAF sponsor that receives charitable contributions, invests them, and grants them out to donor-recommended nonprofits — operates the same donor-advised fund mechanics as UK Toremet but at materially larger AUM scale.
- Myriad Foundation (formerly Kinds Giving / AmeriGift Foundation): US-based DAF sponsor offering customizable donor-advised funds, family foundation support, and global grant distribution — closely comparable to UK Toremet's flexible Impact Accounts and cross-border grant disbursement.
Emerging players
- Give as You Live: UK online giving platform that routes a portion of consumer purchases to selected charities — adjacent digital-giving competitor targeting UK donors and charities but with a different value-exchange mechanic than UK Toremet's DAF model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights7 records
Customer concentration
UK Toremet Ltd (CC) financial estimates
Financial estimateRevenue estimate
Valuation estimate
UK Toremet Ltd (CC) leadership team
Management profileNumber of profiles
Profiles5 records
UK Toremet Ltd (CC) funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
UK Toremet Ltd (CC) M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about UK Toremet Ltd (CC)
What does UK Toremet Ltd (CC) do?
UK Toremet operates a Donor Advised Fund platform that provides charitable giving accounts (Charitable Current Accounts, Impact Accounts, Shared Accounts, Corporate Accounts) for individual and corporate donors. It reclaims Gift Aid on eligible UK taxpayer donations, performs due diligence on recipient charities, and disburses grants to approved UK and overseas charities at the discretion of its trustees.
Is UK Toremet Ltd (CC) a public or private company?
UK Toremet Ltd (CC) is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was UK Toremet Ltd (CC) founded?
UK Toremet Ltd (CC) was founded in 2010. It employs 1 to 10 people.
Where is UK Toremet Ltd (CC) based?
UK Toremet Ltd (CC) is headquartered in Borehamwood, United Kingdom, in the Europe region.
How does UK Toremet Ltd (CC) make money?
One revenue line is on record: donation Retention for Administrative Costs.
Who are UK Toremet Ltd (CC)'s main competitors?
Broad incumbents on record are Schwab Charitable, Charities Aid Foundation (CAF) and Fidelity Charitable. Direct peers are Prism the Gift Fund, American Endowment Foundation, National Philanthropic Trust (NPT) and Myriad Foundation (formerly Kinds Giving / AmeriGift Foundation). Give as You Live is listed as an emerging player.
Does UK Toremet Ltd (CC) have an API?
No public API is recorded for UK Toremet Ltd (CC).
What industry is UK Toremet Ltd (CC) in?
UK Toremet Ltd (CC)'s product category is Charitable Giving Services. Its primary akta.pro industry code is BPADAOAB, Grantmaking & Philanthropic Funds (Institutional Donors), with a secondary code of BPAGAKAG, Federated Giving Organizations (e.g., United Way-type). Its NAICS code is 813211 and its SIC code is 8300.