10 Mar 2014
The Co-operative Group is to cut its funding for charities and ethical causes, the Observer has claimed this weekend.
Northern Rock Foundation and Big Society Capital plan to create a £11.5m social investment fund for the north-east of England.
The Big Lottery Fund has announced a new £150m fund to invest in community-led enterprises across England, the largest ever fund of its kind.
Treasury has today announced that it will publish a road map for social investment in 2014; and introduce two social investment tax reliefs, for social enterprises and social impact bonds.
The RNLI has reached a settlement agreement with Mark Hallam, the charity’s former finance director, who sought to bring a claim to Employment Tribunal for constructive dismissal.
The Charity Commission may be under-resourced and timid as a result of past failures, but the answer is not a bad decision based on the false premise that tax status is all that is important to charitable status.
The government has pledged to set up a new working group to revise the model gift aid declaration and develop new marketing collateral to try to increase take-up of the tax relief by donors, as part of its Autumn Statement.
More sector commentators have come out in defence of the Charity Commission in the wake of the National Audit Office report, with Directory of Social Change CEO Debra Allcock-Tyler saying the report is “fundamentally flawed”.
The National Audit Office has concluded that the Charity Commission is too passive, is not adequately meeting its statutory objectives, and is not delivering value for money.
HMRC and the National Audit Office yesterday both claimed charity sector support for their opposing views on whether charitable donations have risen as a result of gift aid.