13 Sep 2016
The Office for Civil Society, and its responsibilities including social investment, have been transferred from the Cabinet Office to the Department for Culture Media and Sport, it was confirmed this afternoon.
Our weekly round-up of interesting and outlandish information, collected from the corners of the charity sector.
Cancer Research’s Race for Life raised £52.8m last year making it the highest-earning mass participation event for the third year running, a survey revealed.
A report commissioned by RBS has estimated that banks in the UK have over £3bn invested in outstanding lending to social organisations, and that there is no evidence that banks discriminate against the social sector.
Representatives of small and medium charities have said that the proposed levy disproportionately affects smaller organisations and have called the proposals “unfair”.
There needs to be a complete rethink on board selection, responsibility and business knowledge - after all, a charity is still a business.
NCVO is to launch a website explaining how charities work along with a communications toolkit for charities to help them respond to common questions from the public.
Access – the Foundation for Social Investment has made its first investment, into a fund providing loans to health and social care charities in the South West, and calls for more applications to its Growth Fund.
The Charity Commission has opened an inquiry into a UK-based poverty relief charity that “does not appear to have had a bank account since February 2015”.