Legacy income holds strong in 2025
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- An estimated 104,000 charitable bequests were made.
- Average gift values reached £44,000 overall, with percentage or residual gifts averaging £98,000 and pecuniary (lump sum) gifts at £6,100.
- Legacy income is forecast to grow to £5 billion by 2029 and £10 billion by 2046.
The bigger picture
The report highlights strength of the legacy market, alongside emerging long-term challenges, such as fewer people giving to charity overall.
Upcoming policy changes including the freeze on Inheritance Tax thresholds and pension reforms are expected to increase estate complexity, which may slow the flow of legacy income in the short term.
Ashley Rowthorn, Executive Director at Legacy Futures and Smee & Ford, said:
“This year’s report highlights both stability in the present and uncertainty ahead. Legacy income remains a cornerstone of charity funding, and the outlook is positive in the medium term, with steady growth forecast over the next decade.
“However, the decisions that will shape legacy income in the 2030s and beyond are being made today. Charities that invest in insight, strengthen supporter connections and adapt to changing behaviours will be best placed to realise the full potential of legacy giving in the years to come.”
View the Legacy Giving Report 2026 here from Thursday 21st May.
