10 Mar 2014
The fallout from the BBC Panorama investigation into Comic Relief's investments has highlighted the ongoing confusion in the sector over the Charity Commission's CC14 guidance.
Last week, Bridges Ventures announced its very first investment into Call Britannia. The financial bible FT covered the news enthusiastically and positively, but it also described social investment overall as “notoriously woolly”.
If you missed US fundraiser and author Dan Pallotta expound his revolutionary ideas about the future of charities at Charity Finance Live last month, you can now catch him here in a short film by Civil Society’s very own video jockey, Alex Goddard.
Acevo is leading the formation of a Responsible Finance Coalition of civil society organisations that will lobby the government to force high street banks to lend to people in deprived areas.
Age UK, the new charity created from the merger of Help the Aged and Age Concern, paid a consultancy around £100,000 to develop its new brand and its new name, despite using the name since January, the same month it hired Corporate Edge.
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.
Bridges Social Entrepreneurs Fund has made its first ever investment since its launch in 2008, committing £500,000 to a call centre planning to create over 10,000 jobs for the unemployed.
Impetus Trust is making an initial investment of £50,000 in the FRC Group, a social enterprise which creates opportunities to improve the lives of the unemployed and people living in poverty.
The National Trust has reported an across-the-board increase in its trading and membership this year. Visitor numbers at National Trust sites this October were up by 18 per cent on last October's figures, the trust’s director general Fiona Reynolds told National Trust members at the organisation’s AGM last Saturday, 7 November.