29 Oct 2013
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.
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.
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 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.
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.
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.
The first tranche of Mencap’s charity bond has closed early due to significant interest, and the second has been extended by a month.
The HMRC has released guidelines outlining the new gift aid claiming process for charity shops.