18 Sep 2014
The sector’s code of good governance is no longer fit for purpose for large and complex charities and ought to be updated by its authors, according to CFG trustee and former Charity Commission policy chief Rosie Chapman.
The Charity Commission and OSCR are to host an event in London early next month to launch the findings from a series of SORP roundtable events and examine the consultation on the Future of UK GAAP (Generally Accepted Accounting Principles).
The new economics foundation has launched an investment bond that offers no financial return but will be used by the foundation to support its work creating a “new kind of economy in which people and planet matter”
The Impetus Trust has helped the charities it supports to increase their average annual income growth to 40 per cent during 2008/09, up from 29 per cent the year before.
CharityBank has teamed up with Liverpool Vision, the city’s economic development company, to set up a £5m investment fund to support community enterprises in one of the city’s poorest areas.
Tax avoidance may be legal, but it is still obnoxious. And the rest of us pay additional tax as a result. If I were asked whether the accountants and legal experts who set up these schemes are 'fit and proper persons', I know what my answer would be.
Ecclesiastical Insurance has issued a warning to charities that operate out of listed buildings that they could be substanitally underinsured and therefore at serious financial risk in the event of a major buildings claim.
Charitable foundations are “underutilised” and should be required by law to spend at least 5 per cent of their total endowment each year, according to a report by Cass Business School.
David Philpott, chief executive of the London Air Ambulance charity, has been sacked as he was investigating allegations about conflicts of interest and misuse of funds against some of the trustees.
A charity has been struck off the register after it became involved with a money-laundering American hedge fund owner.
7 Oct 2014
26 Nov 2014
12 Feb 2015