Top charities 'concealing' £3.4bn of public funding, claims think tank
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Top charities 'concealing' £3.4bn of public funding, claims think tank 5

7 Jan 2015 | Kirsty Weakley

The Centre for Policy Studies has accused charities of a lack of transparency and inconsistency in their annual accounts, and claimed that up to £3.4bn is being “concealed” by the top 50 charities.

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Top charities 'concealing' £3.4bn of public funding, claims think tank

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Cyrenians Cymru.

Swansea charity Cyrenians Cymru announced yesterday that it will enter administration, after a second employee was arrested on suspicion of a “systematic and extensive” £800,000 fraud.

Andrew Hind

Former Charity Commission chief executive Andrew Hind has declared that the Cup Trust debacle that damaged the regulator’s reputation as a competent organisation was wholly down to the “bad judgement and inadequate leadership” from its senior executive team and board.


End of BIG-funded programme sees Groundwork income drop and staff made redundant

Groundwork UK’s income fell by 45 per cent as the charity spent almost £100,000 on redundancy payments, reveals its recently published annual accounts.

Sir Nick Partridge left THT last October after nearly 30 years

Terrence Higgins Trust paid its departing chief executive and deputy chief executive a total of at least £350,000 last year, including redundancy payments, its latest report and accounts suggest.


I hope this is an example that other medical charities will follow as it is very difficult to explain to the public why there are so many charities for certain causes.

» Breast Cancer Campaign and Breakthrough Breast Cancer announce merger

RVS operates a 'Good neighbour' befriending service

Royal Voluntary Service, the former WRVS, posted an operating deficit of £6.7m last year, which was £3.6m worse than the charity had planned for.

Eden Project

Two trustees of the Eden Trust, owner of the Eden Project in Cornwall, loaned the eco-attraction a total of £180,000 during the year to March 2014, and earned £4,241 in interest from the loans during the period.


Charity Retail Association to develop social value toolkit

The Charity Retail Association will produce a social value toolkit to help its members demonstrate the wider impact of charity shops.

Broadway

A social impact property fund connected to the enterprise arm of the homelessness charity St Mungo's Broadway, has risen to £46m after Big Society Capital and Croydon Council both increased their commitments by £10m.

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