William Castelll, chair, Wellcome Trust

Wellcome Trust's investment portfolio reaches £18bn

19 Dec 2014 | Kirsty Weakley

The Wellcome Trust has posted a 15.4 per cent return on its investment portfolio, earning £2.5bn for the year to 30 September 2014.


Wellcome Trust's investment portfolio reaches £18bn

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Commission releases £1.5m property bought by non-valid trustees

A £1.5m London property held by the Official Custodian for Charities has been released back to Waltham Forest Islamic Association following a 16-month Charity Commission inquiry.

Charity Finance Function Survey 2010: Cutting one's cloth

Diane Sim presents the findings of Charity Finance’s second annual survey of the finance function.

Tendering success for service deliveries

Michael O’Toole, the new chief executive of the sector’s contract management agency 3SC, tells Vibeka Mair that the looming public spending cuts are a double-edged sword for service-delivery charities.

Building on Guides and Scouts' VAT success

Girlguiding UK and the Scout Association have been in discussions with HMRC on the VAT charged for their buildings for over two years. Vibeka Mair talks to Simon Evans about the success which could affect all similar membership charities.

So B&B operators cannot refuse gay couples a bed in their own home yet banks can assume muslim organisations might be laundering money for terrorists without any criminal act being proved. Its a strange world.

» Finsbury Park Mosque told its bank account will be closed by HSBC

New research challenges belief in 'Tescoisation' of sector

The Third Sector Research Centre and the Centre for Charitable Giving and Philanthropy have released a new report which suggests that the biggest charities are not becoming increasingly dominant in the voluntary sector.

CLA gives cautious welcome to easing of total return investment rules

The Charity Law Association has given qualified backing to proposals to allow endowed charities to invest on a total return basis without having to request an order from the Charity Commission.

Home Secretary and Justice Secretary in High Court over refugee charity collapse

Asylum-seeker clients of Refugee and Migrant Justice are taking the Justice and Home Secretaries to court in a bid to force the government to stump up close to £1m to cover the costs of transferring their legal cases to other lawyers.

Government set to cut Citizens Advice grant by 11.6 per cent

Citizens Advice could face an 11.6 per cent cut to an expected £20.8m grant from the Department for Business, Innovation and Skills (BIS).

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