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Your picks of the week

20 May 2013

Your CivilSociety rounds-up the most read stories from the previous week.

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Your picks of the week

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NCVO forecasts £2.1bn statutory funding drop by 2017

NCVO is predicting that public funding for charities could drop by 12 to 15 per cent by 2017/18,  losing the sector as much as £2.1bn.

Nuffield Health issues £15m bond to help fund preventative services

The UK’s largest charity, Nuffield Health, has today launched a retail bond to raise £15m to help fund investment in joined-up healthcare services that focus on prevention, fitness and wellbeing as well as cure.

BIG grants £54m funding to almost half of all Citizens Advice Bureaux

The Big Lottery Fund has announced the recipients of £67m of funding provided equally by BIG and the Cabinet Office to support and improve advice services in England, with almost half of Citizens Advice Bureaux benefiting.

Crimestoppers launches charity fraud whistle-blowing service

Crimestoppers has launched a 24/7 reporting service in an attempt to tackle the estimated £1bn of charity fraud that occurs annually.

The clever people who devise tax avoidance and other scams by using charities are quite smart enough to be sure they get through Revenue and other data base scrutiny. The only way to stop or reduce this type of abuse is to come down much more heavily on those who deliberately misuse charities, whether as principals, advisers or beneficiaries.

» Joint registration for HMRC and Charity Commission is getting closer, suggests Hodgson

Justin Davis Smith, executive director for volunteering and devlopment, NCVO

Volunteer centres are struggling to pull in funding, according to NCVO, with 63 per cent of those that responded to an annual survey reporting a fall in income last year.

David Walliams, Sport Relief 2012, image courtesy of Comic Relief

The trading income gap between a Red Nose Day year and a Sports Relief year has shrunk from £7m in 2009/10 to £5m in 2011/12, realising Comic Relief Limited's predictions of a narrowing of the income difference between the two events.

Mencap charity bond oversubscribed with investors

The first tranche of Mencap’s charity bond has closed early due to significant interest, and the second has been extended by a month.

HMRC publishes new guidelines on charity shops' gift aid

The HMRC has released guidelines outlining the new gift aid claiming process for charity shops.

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