13 Mar 2014
Croydon Council is set to make a £10m social investment into a property fund run by homelessness charity Broadway in a bid to ease the borough’s housing problem.
Dame Stephanie Shirley, the first Ambassador for Philanthropy, shares her high hopes – and a few high tech hints – for charities.
It’s been a tough time for charity finance directors over the last year and the next 12 months show few signs of respite. Against a backdrop of economic recession, charities are suffering from low or no interest on bank deposits, falling yields on investments and downward pressure on funding sources. As income falls, or at least threatens to, cost control is key according to the findings of our inaugural survey of the finance function.
There’s never a good time for a charity to experience something seriously bad happening, but the current climate makes the timing even worse. Andrew Hind explains.
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.
Gareth Jones reports on unspectacular but solid returns for the Charity 250 Index.
The Funding Commission has decided to focus its work investigating how to transform the funding environment for the sector, on three themes-capitalisation, stimulating giving, and local action. The Commission has recently finished a 12-week consultation with civil society organisations and experts, at which a number of issues were raised: local funding, funding practice, public service delivery, capacity-building, social investment, giving, and volunteering.
The government is seeking to close a loophole in rating legislation which has seen charities being offered premises for zero or nominal rent so that landlords can avoid paying empty-property rates.
The Pensions Trust has called in fraud prevention service CIFAS after it was revealed that records of 109,000 charity workers had been stolen from its software providers NorthgateArinso in May.